Artha India Ventures Closes Select Fund At INR 432 Cr

The fund has been closed at INR 432 Cr, exceeding its original target of INR 330 Cr

With this fund, the investment vehicle will back top 15% of Artha’s existing portfolio of more than 135 companies

Over the next four years, the fund plans to invest INR 20 Cr each in 12–14 portfolio startups at the Series B and C funding stages

Ashok Kumar Damani’s family office Artha India Ventures (AIV) has marked the final close of its follow-on fund, Artha Select Fund (ASF),…