Arul Murugan is an entrepreneur-turned-VC who founded 11-11 Ventures before becoming Founding Managing Partner at Borderless Capital, where he led the launch of a $500M fund focused specifically on the Algorand ecosystem rather than taking a broad multi-chain approach. He positions Borderless as both investor and ecosystem operator that actively builds infrastructure and liquidity around Algorand projects, while also serving as Executive Chairman at Emrit, a distributed hardware company, giving him hands-on experience with token-incentivized networks. Arul Murugan is an entrepreneur-turned-VC who founded 11-11 Ventures before becoming Founding Managing Partner at Borderless Capital, where he led the launch of a $500M fund focused specifically on the Algorand ecosystem rather than taking a broad multi-chain approach. He positions Borderless as both investor and ecosystem operator that actively builds infrastructure and liquidity around Algorand projects, while also serving as Executive Chairman at Emrit, a distributed hardware company, giving him hands-on experience with token-incentivized networks.