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Artha India Ventures secures first close of Rs 250 crore for micro-VC fund

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Artha India Ventures (AIV) on Monday announced the first close of Rs 250 crore for its Artha Venture Fund II (AVF II), with a total fund size of Rs 500 crore and a Rs 100 crore green-shoe option. AVF II, the family office’s second micro-VC fund, will invest in 36 seed-stage startups across four themes — premium consumption, fintech infrastructure, applied artificial intelligence (AI), and deep tech.

The fund will deploy initial cheques of Rs 4 crore and double down with Rs 8-16 crore in follow-on investments under its proprietary 1-2-4 model. This…

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