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Artha India Ventures (AIV) has closed its follow-on fund, Artha Select Fund (ASF), at Rs 432 crore, 131% above its Rs 330 crore target. With this, Artha’s total Assets Under Management have crossed Rs 1,200 crore.
ASF will invest in the top 15% of performers from Artha’s existing portfolio of over 135 companies across Artha Venture Fund I, Artha Continuum Fund, and the soon-to-launch AVF II. The fund will write Series B and C cheques of around Rs 20 crore each, for 12–14 winners over the next four years.
With 33 exits to date, Artha claims to…
