WEBINAR Sat, 4 July · 02:00 PM IST · Limited seats remaining Register free
Premium Access AIF Category I

Artha Venture Fund I

Distributed through AltPort Experts. Comprehensive fund documentation can be accessed through our research team.
Category AIF Category I
Company Artha Venture Partners
Fund Managers Anirudh A. Damani
Share: f x in w

About Company

Artha Venture Partners

Artha Venture Partners is the premier fund management arm of the Artha Group, overseeing a sophisticated alternative investment footprint exceeding ₹1,000 Crores in assets under management (AUM). Built by family offices, for family offices, the firm has pioneered the institutional micro-VC model in India, backing over 120 global startups across deep tech, fintech, consumer goods, and digital infrastructure. Combining multi-generation family business wisdom with strict institutional-grade execution, Artha Venture Partners remains dedicated to discovering category-defining founders and delivering predictable absolute IRR to global wealth allocators.

Fund Snapshot

Parameter Details
Fund Name Artha Venture Fund I (AVF I)
Fund Type Micro-Venture Capital Fund
AIF Category Category I AIF (SEBI-Registered Venture Capital Fund)
Structure Close-Ended
Total Corpus ₹225 Crore
Investment Model Proprietary "1-2-4" Stage Strategy
Initial Ticket Size Up to ₹3 Crore – ₹4 Crore (Seed Stage)
Target Return Profile 61% Reported Internal Rate of Return (IRR)
Core Themes FinTech Infrastructure, B2B SaaS, D2C Enablers, DeepTech

Fund Purpose

Artha Venture Fund I (AVF I) is structured as India’s pioneering institutional early-stage micro-VC fund, designed to identify, back, and nurture high-potential startups from inception to market leadership. Originally launched to transition proprietary family office wealth into a disciplined, institutional co-investment vehicle, the fund provides early-stage enterprises with foundational seed capital and extensive follow-on runway. Its core target is to capture structural digital transformations across India’s consumption and software ecosystems, delivering extraordinary DPI (Distributions to Paid-In Capital) and absolute value to its limited partners.

Fund Philosophy

Foundational Seed Conviction

We believe true venture alpha is generated by backing extraordinary founders before their business models achieve public validation. The fund concentrates its origination engine on seed-stage architectures, stepping in as a high-conviction institutional first partner.

The "1-2-4" Deployment Strategy

Capital allocation must scale programmatically with business maturation. The fund utilizes a strict stage-driven framework: deploying up to ₹3–4 Crore at Seed, doubling down with up to ₹6–8 Crore at Pre-Series A, and compounding winners with up to ₹12–16 Crore at Series A based on verified operational milestones.

Deep Capital Efficiency

We actively reject hyper-dilutive cash-burn dynamics. Our underwriting engine prioritizes companies showing path-to-profitability parameters, strong localized unit economics, and resilient cost configurations capable of navigating severe macroeconomic funding winters.

Active Center of Excellence (CoE) Support

Capital injection is simply the beginning of our operational alliance. The fund deploys dedicated in-house Centers of Excellence, embedding platform specialists across process engineering, scalable technology infrastructure, and cross-border commercial networks directly into portfolio operations.

Cross-Vehicle Lifecycle Continuity

We preserve equity dominance in breakout entities through integrated group alignment. By operating seamlessly alongside subsequent expansion engines like the Artha Select Fund, the platform ensures its top-performing winners remain fully capitalized through later growth tranches.

Section: Fund Leadership
Meet the Fund Managers

Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.

Anirudh A. Damani

Anirudh A. Damani serves as the Managing Partner at Artha Venture Partners, where he directs the group's overarching investment committee, portfolio strategy, and global family office syndications. A second-generation investment professional and 3x founder with over 14 years of deep roots in the Indian startup ecosystem, Anirudh has successfully guided early allocations into elite market leaders such as OYO, Rapido, and Purplle. Under his strategic leadership, the firm continues to architect institutional alternative vehicles, leveraging strong industry corridors to turn early-stage innovation into highly sustainable corporate value.

Section: Help & Support
Frequently Asked Questions

Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.

What regulatory category does Artha Venture Fund I operate under? +

Artha Venture Fund I is fully registered under SEBI Alternative Investment Fund regulations as a close-ended Category I Venture Capital Fund (VCF).

What was the final closed size of the inaugural fund? +

Launched in FY19 and finalized in July 2021, Artha Venture Fund I successfully completed its fundraising cycle above its baseline target, closing out at a total corpus of ₹225 Crore.

How does the fund's milestone investment model function? +

The fund deploys a disciplined "1-2-4" strategy, allocating capital progressively from Seed (up to ₹3–4 Cr) to Pre-Series A (up to ₹6–8 Cr) and finally Series A (up to ₹12–16 Cr) to continuously increase exposure in its highest-performing assets.

What are some marquee breakout companies within the AVF I portfolio? +

The inaugural fund has backed over 32 high-impact startups, including landmark industry disruptors such as space-tech innovator Agnikul Cosmos, shared-mobility leader Everest Fleet, P2P enabler LenDenClub, and media platform InstaAstro.

What performance benchmarks has the fund achieved? +

As of recent performance benchmarks, AVF I has delivered an exceptional 61% Internal Rate of Return (IRR) and a Total Value to Paid-In capital (TVPI) exceeding 3.7x, ranking it as a top-performing venture capital strategy in India.

Section: Contact Us
Get In Touch

Connect with our investment experts for personalized guidance, fund details, and support tailored to your financial needs.

Podcast - All Episodes Altport
Spotify - Podcast
Podcast - All Episodes Altport
YouTube · Webinar
AIF vs PMS vs GIFT City — Which Is Evolving Faster In India ?

Get In Touch

Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.