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MeraSteem is a project that helps businesses with resources to get them off of the ground. In otherwords, MeraSteem acts as a launchpad for new ideas. This is why I've chosen to model this design concept after a rocket.
This design delivers three different meanings. The first is a "M", for Mera, hidden inside the image; the second, two heads inside of the ship to represent community; and lastly, as mentioned before, a rocket to symbolize propelling new ideas and businesses.
I've used the colors that you called out in the brief, however I brightened them to give a more modern look.
RE: Task Request: A logo for MeraSteem