Artha India Ventures launches fund to focus on bridge rounds
The Artha Group has launched Artha Continuum Fund (ACF) to provide investment opportunities in bridge rounds of growth stage companies. ACF will invest a minimum of INR 10 crore per deal. It will aim at closing 8-10 deals annually. ACF has garnered in-principle commitments from LPs. The fund will focus on category-leading companies showing significant traction with clear profitability horizons. Founded in 2012, Artha India Ventures works as the general partner to funds such as the Artha Venture Fund and Artha Select Fund. It claims to have invested in 80+ startups across India, the US, Israel, and Africa, with a portfolio including companies such as OYO, Purplle, LeverageEdu, Exotel, Karza, Tala, IconBuild, Caja Robotics, and Badili.
Want to receive such news items in your inbox? Click Here to sign up for a trial.