Artha India Ventures announced the first close of Artha Venture Fund II at INR 250 crore, targeting INR 500 crore. The fund focuses on seed-stage startups in premium consumption, fintech, AI, and deeptech using a 1-2-4 model, targeting 15-20% ownership. Managing Partner Anirudh A. Damani notes ecosystem ‘reset’ with seed investment scarcity. Founded in 2012 by Ashok Kumar Damani, Artha has invested in 140 startups including OYO and Rapido.
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