Artha Venture Fund
Artha Venture Fund is an India-based micro-VC firm managing over ₹2,300 crore across fund vehicles (AVF, ASF, ACF). It invests from Seed to Series A in FinTech, SaaS, Consumer, DeepTech, and Climate sectors, using its proprietary SCOUT^e framework to evaluate category-defining founders.
- Company typePrivate
- Founded2017
- HeadquartersMumbai, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Artha Venture Fund does
Artha Venture Fund is an India-based micro-VC firm founded in 2013 by the Damani family office and headquartered in Mumbai. It pioneered India's micro-VC model with a ₹60 crore first fund and has since scaled to manage over ₹2,300 crore in assets under management across four fund vehicles, backing 136 portfolio companies with 35 realized exits, 5 unicorns, and a 4.51x portfolio MOIC. The platform is organized around three core vehicles: Artha Venture Fund (AVF), the flagship Seed-to-Series A micro-VC fund with investment mandates up to ₹16 crore per round; Artha Select Fund (ASF), a ₹450 crore growth-stage vehicle providing Series B/C follow-on capital to AVF winners; and Artha Continuum Fund (ACF), a family office syndicate pursuing growth-stage opportunities across India, Africa, Europe, Southeast Asia, the USA, and Australia. The firm operates a proprietary SCOUT^e evaluation framework — a six-point methodology covering problem validation, category moats, unit economics, right-to-win, tech-enabled (not tech-first) design, and exponential scale — and commits to a 14-day decision window from first pitch to term sheet. Deal flow is heavily network-driven: 47% via co-investor referrals, 23% through LP networks, and 13% through accelerator partnerships. Revenue is generated through traditional VC economics — management fees on committed capital across the fund vehicles plus carried interest from exits such as Exotel (~113x), Stellar (20x), and Lemnisk (17x). The thesis portfolio is segmented across FinTech (28%), Vertical SaaS (22%), Consumer/D2C (18%), Climate & Energy (14%), Healthcare (10%), and DeepTech (8%), with recent AVF II positioning adding artificial intelligence and SME buyout opportunities as emerging themes. Artha is building a proprietary "Unified Intelligence Platform" under its CTO to support investment decisions across the full portfolio base.
Artha Venture Fund firmographics
Firmographics- Name
- Artha Venture Fund
- Legal name
- Artha India Holdings Private Limited
- Website
- https://artha.vc/
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Artha Venture Fund is an India-based micro-VC firm managing over ₹2,300 crore across fund vehicles (AVF, ASF, ACF). It invests from Seed to Series A in FinTech, SaaS, Consumer, DeepTech, and Climate sectors, using its proprietary SCOUT^e framework to evaluate category-defining founders.
- Ownership category
- akta.pro rank
Where Artha Venture Fund is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Artha Venture Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Management Fees: Traditional VC management fee structure charged on committed capital across multiple funds (AVF I, AVF II, ACF, AIV)
- Carried Interest (Performance Fees): Performance-based carried interest from successful exits. Notable returns include Exotel generating ~113x invested capital through secondary sale, Stellar delivering 20x, Lemnisk delivering 17x returns
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Artha Venture Fund (AVF) - Seed to Series A investments |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Artha Venture Fund product offering
Product offeringCore offering
Artha Venture Fund is a SEBI-registered Category I Alternative Investment Fund managing ₹2,300+ crore across multiple vehicles (AVF I, AVF II, Artha Select Fund, Artha Continuum Fund). It deploys early-stage venture capital (Seed to Series A) into Indian startups across FinTech, SaaS, Consumer, Climate, Healthcare, and DeepTech, providing first-cheque patient capital with concentrated follow-on in category winners.
Product overview
Artha Venture Fund operates as a multi-stage venture capital investment platform with three distinct fund vehicles. Artha Venture Fund (AVF) is the flagship microVC fund focusing on Seed to Series A investments. Artha Select Fund (ASF) provides growth capital to winning early-stage companies from AVF's portfolio. Artha Continuum Fund (ACF) extends the platform globally through a family office syndicate model targeting growth-stage opportunities across multiple geographies.
Differentiator
Problem solved
Functional benefit
Brands
- Artha Venture Fund I (AVF I): Flagship early-stage microVC fund specializing in transformative investments from Seed Plus to Series A stages
- Artha Venture Fund II (AVF II)
- Artha Select Fund (ASF)
- Artha Continuum Fund (ACF)
Products and services
- Artha Venture Fund (AVF) Flagship early-stage microVC fund specializing in transformative investments from Seed Plus to Series A stages in B2B SaaS, consumer tech, and FinTech sectors. Investment mandates: Seed upto ₹4 crores, Pre-series A upto ₹8 crores, Series A upto ₹16 crores.
- Artha Select Fund (ASF) Growth stage fund that strategically invests in later-stage rounds of early-stage ventures initially backed by Artha Venture Fund. Investment mandates: Series B upto ₹20 crores, Series C upto ₹5 crores.
- Artha Continuum Fund (ACF) Family office syndicate that makes discerning investments in innovative category-winning investments, focusing on growth-stage investments in India, Africa, Europe, Southeast Asia, and globally. Registered as Category I AIF (Reg. No. IN/AIF1/23-24/1281).
Quantifiable outcome
- 4.51x MOIC across portfolio
- +5 more outcomes
Companies that use Artha Venture Fund
Customer profileNamed customers13 records
Segments6 records
Ideal customer profiles2 records
Artha Venture Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Artha Venture Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NeevCloudcoreAgnikul Cosmos partnered with NeevCloud to launch India's first indigenous AI data centre in space. NeevCloud is the first customer for Agnikul's orbital hosting platform, demonstrating the commercial viability of space-based computing infrastructure.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Artha Venture Fund competitors and assessment
Company assessmentDirect peers
- 100X.VC: India-focused micro-VC backing early-stage startups with concentrated small checks, directly comparable to Artha's AVF mandate. Already co-invests alongside Artha (e.g., Agnikul Cosmos), confirming close competitive and collaborative overlap in Indian seed/Series A.
- Blume Ventures: One of India's most prominent early-stage VC platforms with multiple fund vehicles targeting seed-to-Series A. Closely comparable in thesis breadth (SaaS, consumer, fintech, deep-tech) and stage focus, making it the most relevant scaled direct peer.
- Unicorn India Ventures: India-focused early-stage VC investing in seed and Series A rounds across tech and consumer. Direct co-investor with Artha in TakeMe2Space, operating a similar concentrated micro-VC playbook with comparable ticket sizes.
- Pi Ventures: India AI and deep-tech focused early-stage VC. Co-investor with Artha in Agnikul Cosmos, sharing thesis overlap in deep-tech and frontier-tech categories where Artha is also placing concentrated bets (semiconductors, space, AI).
- Chiratae Ventures: Indian tech-focused VC operating across early and growth stages. Co-led TakeMe2Space alongside Artha, competing for similar founder profiles and emerging category winners in deep-tech and SaaS.
- IvyCap Ventures: Indian early-stage VC with seed-to-Series A focus, anchored on IIT Bombay ecosystem. Direct co-investor with Artha in Raana Semiconductors, competing in similar deep-tech and consumer categories.
- Equirus Innovatex Fund: Deep-tech focused fund co-led Raana Semiconductors seed round alongside Artha. Operates a comparable concentrated early-stage deep-tech thesis within the Indian market.
- India Quotient: Bengaluru-based micro-VC investing in seed and pre-Series A Indian startups. Operates a comparable small-check, high-conviction model in overlapping sectors (consumer, fintech, SaaS) and competes for the same founder pool.
Broad incumbents
- Kalaari Capital: Established Indian early-stage VC with broader AUM and stage coverage. Competes for seed/Series A deals across consumer, SaaS, and fintech but operates at a larger fund size and longer vintage track record.
Emerging players
- LetsVenture: India's largest startup-investor syndication platform and fund. Both a co-investor and a deal-flow channel for Artha; comparable in facilitating early-stage capital access though structurally different as a marketplace vs. a discretionary VC fund.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Artha Venture Fund social profiles
Digital presenceArtha Venture Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Artha Venture Fund leadership team
Management profileNumber of profiles
Profiles5 records
Artha Venture Fund funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Artha Venture Fund M&A and investment
M&A and investmentM&A
Investments36 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Artha Venture Fund
What does Artha Venture Fund do?
Artha Venture Fund is a SEBI-registered Category I Alternative Investment Fund managing ₹2,300+ crore across multiple vehicles (AVF I, AVF II, Artha Select Fund, Artha Continuum Fund). It deploys early-stage venture capital (Seed to Series A) into Indian startups across FinTech, SaaS, Consumer, Climate, Healthcare, and DeepTech, providing first-cheque patient capital with concentrated follow-on in category winners.
Is Artha Venture Fund a public or private company?
Artha Venture Fund is a private company. It is classified as family owned and is currently operating.
When was Artha Venture Fund founded?
Artha Venture Fund was founded in 2017. It employs 1 to 10 people.
Where is Artha Venture Fund based?
Artha Venture Fund is headquartered in Mumbai, India, in the Asia region.
How does Artha Venture Fund make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest (Performance Fees).
Who are Artha Venture Fund's main competitors?
Direct peers on record are 100X.VC, Blume Ventures, Unicorn India Ventures, Pi Ventures, Chiratae Ventures, IvyCap Ventures, Equirus Innovatex Fund and India Quotient. Kalaari Capital is listed as a broad incumbent. LetsVenture is listed as an emerging player.
Does Artha Venture Fund have an API?
No public API is recorded for Artha Venture Fund.