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Artha India Ventures has closed its new Artha Select Fund (ASF) at Rs 432 crore, overshooting its original Rs 330-crore target by 31%. The fund will back the top 15% of Artha’s 135 portfolio companies, writing Series B and C cheques of around Rs 20 crore each.
ASF plans to invest in 12–14 startups over the next four years across spacetech, fintech infrastructure, premium consumer goods, and applied AI. The fund is designed as a “capital bridge” for India’s missing middle, where many Series A–C companies struggle to scale due to limited…
