20 hours ago
Artha's Select Fund closes at Rs 432 crore to back top portfolio startups
Synopsis
Artha India Ventures has successfully closed its Artha Select Fund at Rs 432 crore, exceeding its initial target. The fund will invest in 12-14 startups, focusing on spacetech, fintech infrastructure, premium consumer goods, and applied AI, with investments around Rs 20 crore each. Indian family offices and ultra-high-net-worth individuals are the primary capital source.