VC Firm a99 To Launch Third Fund With $100 Mn Corpus

The VC aims to back 12-15 startups operating in the manufacturing and infrastructure sectors with a cheque size in the range of $5 Mn to $10 Mn

a99 has received soft commitments of $30 Mn from existing and new investors

The Chennai-based firm launched Fund II in 2022 and had accumulated a dry powder of INR 105 Cr

Early stage focussed VC firm a99 (formerly Artha99) is raising its third fund with a target corpus of $100 Mn (about INR 850 Cr).

With this fund, the firm…