Artha Venture Fund – Artha Venture Partners

Artha Venture Fund

Artha Venture Fund:
India’s First Early-Stage MicroVC Fund

Overview

Introduction

  • Artha Venture Fund (AVF) is India’s pioneering early-stage microVC fund, dedicated to identifying and nurturing high-potential startups. As the country’s first microVC fund, AVF has established itself as a leader in the venture capital space, setting the standard for early-stage investments
  • AVF-I, our inaugural fund, was a ₹225 crore fund that successfully invested in transformative companies poised to disrupt their industries. With a strategic focus on tech-driven solutions, AVF-I has played a critical role in the growth of several high-impact startups.

Fund Details

  • Artha Venture Fund I (AVF-I) 
  • Artha Venture Fund II (AVF-II) 

Fund Size: ₹225 crores

Incorporation Year: 2018

Key Stats

Total Number of Investments

34

Total Number of Investment Rounds

60

Total Valuation Created

₹700 crores+

Number of Exits

1.22^

TVPI (Total Value to Paid-In)

3.99

DPI (Distributions to Paid-In)

8%

Write-offs

11

Fund Size: ₹500 crores, with a greenshoe option for ₹100 crores

Incorporation Year: 2023

Key Focus
  • AVF-II continues the mission of its predecessor,
  • focusing on early-stage investments in high-potential startups across themes such as FinTech infrastructure,
  • D2C enablers,
  • SpaceTech,
  • DeepTech,
  • B2B SaaS.

Investment Strategy 

  • AVF’s investment strategy centers on identifying early-stage companies with strong growth potential. We offer seed funding and hands on support to help these startups scale effectively and reach new markets.
  • Our disciplined approach ensures that we double down on our winning investments as they demonstrate success, increasing our stake in these companies through subsequent funding rounds.
AVF-I 1-2-4 Strategy

Seed Stage

upto ₹3 crores

Pre-Series A

upto ₹6 crores

Series A

upto ₹12 crores

This strategy allowed us to progressively increase our investment in the most promising companies as they scaled.

AVF-II 1-2-4 Strategy

Seed Stage

upto ₹4 crores

Pre-Series A

upto ₹8 crores

Series A

upto ₹16 crores

AVF-II builds on the success of the first fund, using a similar but enhanced strategy to support startups from seed through to Series A, doubling down on winners as they grow.

Key Investments

Success Stories

Agnikul

A space technology startup that has garnered significant attention for its innovative approach to building affordable and scalable launch vehicles. Agnikul is a prime example of AVF’s commitment to backing breakthrough technology

Everest Fleet

A company revolutionizing the mobility sector with its fleet management solutions, Everest Fleet has grown rapidly, becoming a trusted partner for leading ride-hailing platforms.

LenDenClub

As a peer-to-peer lending platform, LenDenClub has democratized access to credit in India, making it a standout in the fintech space.

InstaAstro

This startup redefines the wellness industry by leveraging technology to provide personalized astrological guidance, showcasing AVF’s diverse investment portfolio.

Getwork

A platform connecting students and recent graduates with internship opportunities, Getwork addresses the critical gap between education and employment in India.

Daalchini

Specializing in innovative vending solutions, Daalchini is transforming the retail landscape by offering convenient, tech-driven food and beverage services.

Learn More About Our Approach

Interested in how Artha Venture Fund supports the next generation of industry leaders? Click here to fill out our contact form, and a member of our team will contact you directly to discuss potential partnership opportunities.