Mumbai-based Artha Group’s venture arm , Artha India Ventures (AIV), has announced the first close of its second early-stage micro venture capital fund at ₹250 crore. The new fund, Artha Venture Fund II (AVF II), is targeting a total corpus of ₹500 crore, with an additional ₹100 crore green-shoe option.
Currently, AIV’s total assets undermanagement exceed ₹1,500 crore. The fund will back 36 seed-stage startups across premium consumption, fintech infrastructure, applied AI, and deep tech. It plans to deploy initial cheques of ₹4 crore and participate in follow-on rounds with investments of ₹8–16 crore.
Like many early-stage VC funds, AVF II is targeting 15–20% ownership in its top portfolio companies and will operate on a four-year deployment cycle. “AVF II is launching at a time when t