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Early stage focused VC firm a99 (formerly Artha99) is set to raise its third fund with a target corpus of $100 million (about Rs 870 crore).
With this fund, the firm intends to back 12-15 startups operating in the manufacturing and infrastructure sectors with a check size in the range of $5 million to $10 million.
According to a99, it will focus on startups in the Pre-Series A to Series B stages. It has also received soft commitments of $30 Mn from existing and new investors. The VC firm is aspiring to announce the first close of the fund by April…
