Artha Venture Raises Rs 220 Crore For Second Fund, Targets B2b, D2c Startups

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Micro venture capital firm Artha Venture Fund has raised investor commitments worth more than Rs 220 crore ($30 million) for its debut fund, overshooting its target to raise Rs 200 crore. More than 50 investors or limited partners (LP) participated in the fund, the firm said in a statement on Friday. Out of the total corpus, over 50% was committed by domestic family offices and by 20 listed companies who participated directly or through promoter entities.

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