Artha India Ventures (AIV) has completed the first close of Rs 250 crore for its second micro venture capital fund, Artha Venture Fund II (AVF II).
The fund has a target corpus of Rs 500 crore, with an additional Rs 100 crore green-shoe option.
AVF II will invest in 36 seed-stage startups across four focus areas such as premium consumption, fintech infrastructure, applied AI, and deep tech. The fund will deploy initial investments of around Rs 4 crore in early rounds, followed by additional investments of Rs 8–16 crore in selected companies.
The new fund aims to hold between 15–20% ownership in portfolio startups and is expected to operate on a four-year deployment cycle. Most of the investors in the first close are Indian limited partners, including family offices and exited founders, while around 10% of the capital has come from international investors.
The VC firm plans to continue backing early-stage startups that are building scalable technology-led businesses. The fund will focus on founders solving core problems across digital infrastructure and technology-first sectors.
Artha India Ventures has invested in multiple early-stage startups across sectors such as fintech, SaaS, and consumer goods. The firm’s past portfolio includes companies like Agnikul, LenDenClub, and PiggyRide.
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