MeMeraki raises funding from Suzuki-backed Next Bharat Ventures

MeMeraki, a culture-tech platform that leverages technology to unlock market-led access for traditional Indian arts and crafts, has raised an undisclosed institutional funding round from Next Bharat Ventures, the impact investment arm backed by Suzuki Motor Corporation, Japan.

The company said the funding will be deployed to support its next phase of growth, with a focus on strengthening its technology platform, expanding distribution and enterprise partnerships, and enabling artisan-led economic expansion.

Founded in 2019 by Yosha Gupta, MeMeraki operates a differentiated culture-tech model integrating heritage research, digital storytelling, curated commerce, and large-scale B2B cultural projects. The platform works directly with hundreds of master artisans across India, spanning more than 300 traditional art forms, and reaches audiences in over 40 countries.

Alongside its direct to consumer platform, MeMeraki has built an enterprise vertical delivering art installations, murals, campaigns, and cultural advisory projects for corporates, public institutions, and global organisations.

MeMeraki plans to expand retail distribution across online and physical channels and deepen its work with artisan communities through structured onboarding, design support, and research-led content creation.

On the funding raised, MeMeraki Founder & CEO Yosha Gupta said, “At MeMeraki, we have focused on building systems that allow traditional artists to participate meaningfully in modern markets. This investment enables us to scale those systems with discipline.”

According to MeMeraki, it has enabled over Rs 7 crore in new income for artisans, delivering average income uplifts of 20–30%, while expanding global visibility for heritage art forms. It is targeting a Rs 100 crore business over the next four to five years.

Vipul Nath Jindal, Managing Director and Head of Next Bharat Ventures, said, “MeMeraki has built a business that understands both the cultural and economic realities of the artisan ecosystem. What stood out for us was the company’s ability to translate deeply local craftsmanship into enterprise-grade execution without compromising authenticity.”