Artha Group Unveils Exclusive Syndicate Fund For Family Offices & UHNIs

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Artha Group has launched Artha Continuum Fund (ACF), a syndicate fund tailor-made for family offices and Ultra High Net Worth Individuals (UHNIs).

While ACF is tailored exclusively for family offices and UHNIs, it will provide investment opportunities on emerging growth-stage ventures’ bridge rounds. The fund’s debut deal is slated for this quarter, with a goal of closing 8-10 substantial deals annually. Investors are required to commit INR 10 Cr as a minimum investment.

The requirement of a minimum investment of INR 10 Cr from high-quality limited partners (LPs) using a single investment vehicle creates an ideal opportunity for family offices and founders to participate in sought-after bridge rounds, alongside leading venture capital funds, the Mumbai-based investment firm said in a statement.

“ACF arose from listening to our discerning investors. They yearned for a competent entity to oversee rigorous due diligence, sophisticated negotiations, and post-investment management while crafting their direct investment narratives,” Anirudh A. Damani, director, Artha India Ventures, said.

ACF has garnered in-principle commitments from leading LPs. The fund will focus on category-leading companies showing significant traction with clear profitability horizons.

Founded in 2012, Artha India Ventures represents the family office of Ashok Kumar Damani. It works as the general partner to funds like the Artha Venture Fund and Artha Select Fund. It has claimed to invest in 80+ startups across India, the USA, Israel, and Africa, and its portfolio includes OYO, Purplle, LeverageEdu, Exotel, Karza, Tala, IconBuild, Caja Robotics, and Badili.

Last year, it launched INR 450 Cr winners-only micro VC fund, Artha Select Fund (ASF), to invest in the top-performing startups from the group’s portfolio of over 100 startups, with a focus on Series B and Series C funding rounds.

According to Inc42’s “India’s Startup Investors Landscape” report, there are currently 300+ family offices. Between 2019-2022, their participation in startup investments grew at a CAGR of 42% at seed stage and 71% at growth stage.

Moreover, family offices increased their deal participation in key sectors, particularly fintech and enterprise tech, witnessing a CAGR of 62% and 38%, respectively, during this period.

The post Artha Group Unveils Exclusive Syndicate Fund For Family Offices & UHNIs appeared first on Inc42 Media.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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Artha Group Unveils Exclusive Syndicate Fund For Family Offices & UHNIs

Artha Group has launched Artha Continuum Fund (ACF), a syndicate fund tailor-made for family offices and Ultra High Net Worth Individuals (UHNIs).

While ACF is tailored exclusively for family offices and UHNIs, it will provide investment opportunities on emerging growth-stage ventures’ bridge rounds. The fund’s debut deal is slated for this quarter, with a goal of closing 8-10 substantial deals annually. Investors are required to commit INR 10 Cr as a minimum investment.

The requirement of a minimum investment of INR 10 Cr from high-quality limited partners (LPs) using a single investment vehicle creates an ideal opportunity for family offices and founders to participate in sought-after bridge rounds, alongside leading venture capital funds, the Mumbai-based investment firm said in a statement.

“ACF arose from listening to our discerning investors. They yearned for a competent entity to oversee rigorous due diligence, sophisticated negotiations, and post-investment management while crafting their direct investment narratives,” Anirudh A. Damani, director, Artha India Ventures, said.

ACF has garnered in-principle commitments from leading LPs. The fund will focus on category-leading companies showing significant traction with clear profitability horizons.

Founded in 2012, Artha India Ventures represents the family office of Ashok Kumar Damani. It works as the general partner to funds like the Artha Venture Fund and Artha Select Fund. It has claimed to invest in 80+ startups across India, the USA, Israel, and Africa, and its portfolio includes OYO, Purplle, LeverageEdu, Exotel, Karza, Tala, IconBuild, Caja Robotics, and Badili.

Last year, it launched INR 450 Cr winners-only micro VC fund, Artha Select Fund (ASF), to invest in the top-performing startups from the group’s portfolio of over 100 startups, with a focus on Series B and Series C funding rounds.

According to Inc42’s “India’s Startup Investors Landscape” report, there are currently 300+ family offices. Between 2019-2022, their participation in startup investments grew at a CAGR of 42% at seed stage and 71% at growth stage.

Moreover, family offices increased their deal participation in key sectors, particularly fintech and enterprise tech, witnessing a CAGR of 62% and 38%, respectively, during this period.

The post Artha Group Unveils Exclusive Syndicate Fund For Family Offices & UHNIs appeared first on Inc42 Media.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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