Case studies / Merstra — Selected engagements

Outcomes, not case files.

A sample of mandates where the work outlived the slide deck. Numbers verified with the client; names shared where we're allowed.

18

Live mandates

9

Sectors covered

9

Sectors covered

$380M

Capital catalyzed

22 mo

Client tenure avg.

Sovereign Innovation Authority · 2022 — 2025

Scaling a national incubator from 40 to 240 startups a year.

A 12-week fundraising sprint that gets founders from data-room chaos to term-sheet negotiation — with a real investor room at the end.

6.2×

Startup throughput

82%

Cohort survival at 24 mo

$180M

Follow-on capital

Pan-African Ecosystem Coalition · 2023 — 2025

Capacity-building curriculum for 1,200 ecosystem operators.

Designed a train-the-trainer program running across seven countries, with certification and a shared operating standard.

1.2K

Practitioners

7

Countries

94%

Completion rate

Global Enterprise CVC · 2024 — Ongoing

Standing up an open innovation program across four verticals.

Designed the thesis, ran founder scouting across GCC and Africa, and now operate the pilot program between portfolio startups and the corporate BUs.

18

Live pilots

4

Verticals

9 mo

Time-to-first-pilot

Flagship program

Operating a national grant program worth $220M.

Ran cohort selection, disbursement and impact reporting on behalf of the ministry across three funding waves — with a public dashboard the parliament uses.

$220M

Deployed

3

Funding waves

410

Grantees

Let's build something

The next program starts with a conversation.

Let's build something

The next program starts with a conversation.

hello@merstra.com
+91 8592884455 | +46764534371
Kochi, Kerala, IN | Eskiltuna, Sweden

© 2026 MERSTRA FOUNDATION — ALL RIGHTS RESERVED

merstra

hello@merstra.com
+91 8592884455 | +46764534371
Kochi, Kerala, IN | Eskiltuna, Sweden

© 2026 MERSTRA FOUNDATION — ALL RIGHTS RESERVED

merstra

hello@merstra.com
+91 8592884455 | +46764534371
Kochi, Kerala, IN | Eskiltuna, Sweden

© 2026 MERSTRA FOUNDATION — ALL RIGHTS RESERVED

merstra