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Artha Group

Asia, Maharashtra, India, Mumbai

Description

Artha Group, primarily through its venture capital arm Artha Venture Fund (AVF), operates as a prominent early-stage investor based in Mumbai, India. Established with a clear mandate to support nascent Indian startups, AVF focuses on providing crucial seed to Series A funding. The firm is known for its hands-on approach, aiming to be more than just a capital provider by offering strategic guidance and operational support to its portfolio companies, thereby fostering their growth and scalability.

AVF's investment strategy is sector-agnostic but shows a strong preference for high-growth areas within the Indian startup ecosystem. Key sectors of interest include B2B SaaS, Direct-to-Consumer (D2C) brands, and Fintech innovations. Beyond these core areas, AVF also explores opportunities in vertical commerce, gaming, and edtech. The fund typically deploys initial cheques ranging from $500,000 to $2,000,000, targeting companies that demonstrate strong product-market fit and scalable business models.

Since its inception, Artha Venture Fund has built a robust portfolio, having invested in over 100 startups across its two funds. Its first fund, AVF Fund I, launched in 2018, successfully closed at INR 220 crore (approximately $26.5 million). Building on this success, the firm recently announced the final close of its second fund, AVF Fund II, securing INR 225 crore (approximately $27 million). This significant capital base underscores Artha Group's sustained commitment to fostering innovation and growth within the Indian startup landscape, contributing to the development of a diverse and dynamic entrepreneurial ecosystem.

Investor Profile

Artha Group has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 19% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in India, Kenya, United Kingdom.
  • Strong thematic focus on E-Commerce, FinTech, Artificial Intelligence (AI).
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (48%)
  • Series A (19%)
  • Pre Seed (14%)
  • Series B (10%)
  • Convertible Note (5%)
  • Angel (5%)

Country Focus

  • India (71%)
  • Kenya (10%)
  • United Kingdom (10%)
  • United States (10%)

Industry Focus

  • E-commerce
  • Fintech
  • Artificial Intelligence (Ai)
  • Information Technology
  • Internet
  • Financial Services
  • Finance
  • Aerospace
  • Manufacturing
  • Nanotechnology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Artha Group frequently co-invest with?

RC
Europe, Zurich, Switzerland, Zürich
Co-Investments: 3
Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
SV
Asia, Tamil Nadu, India, Chennai
Co-Investments: 3
LionRock Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Redcliffe Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Speciale Invest
Asia, Tamil Nadu, India, Chennai
Co-Investments: 2
IIMA Ventures
Asia, Gujarat, India, Ahmedabad
Co-Investments: 2
Globevestor
North America, California, United States, San Mateo
Co-Investments: 2
LetsVenture
Asia, Karnataka, India, Bengaluru
Co-Investments: 3
Pi Ventures
Asia, Karnataka, India, Bangalore
Co-Investments: 2

Which angels does Artha Group often collaborate with?

AR
North America, California, United States, San Francisco
Shared Deals: 1
Abhishek Singhania
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Balaji Srinivasan
Asia, Haryana, India, Gurgaon
Shared Deals: 1
Anand Mahindra
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
AJ
Europe, England, United Kingdom, London
Shared Deals: 2
BS
Europe, Hlavni mesto Praha, Czech Republic, Prague
Shared Deals: 2
NR
North America, California, United States, San Francisco
Shared Deals: 1
Abhishek Goyal
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
Nithin Kamath
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Vikram Kailas
Asia, Andhra Pradesh, India, Hyderabad
Shared Deals: 2

What are some of recent deals done by Artha Group?

Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
Series ASep 12, 2024
Amount Raised: $2,490,368
KarmaLifeAI

Bangalore, Karnataka, India

KarmaLifeAI is a digital solution for the financial well being of blue-collar gig workers and micro-business.

Artificial Intelligence (AI)FinanceFinancial ServicesFinTech
SeedJun 1, 2023
Amount Raised: $5,347,804
Buupass

Nairobi, Nairobi Area, Kenya

BuuPass is Kenya's market leader for online bus booking.

Public TransportationReservationsTravel
Pre SeedFeb 12, 2023
Amount Raised: $1,301,748
Onsite

New Delhi, Delhi, India

Onsite is a single app that you can use to manage all of your construction projects.

AppsConstruction
SeedSep 2, 2022
Amount Raised: $1,500,000
Laminar Global

London, England, United Kingdom

Laminar Global Limited (Laminar) is a Platform as a Service (PaaS) supplier.

AdvertisingBroadcastingPaaSSoftwareVideoVideo Streaming
SeedMay 25, 2022
Amount Raised: $5,110,000
Badili

Nairobi, Nairobi Area, Kenya

Badili is a one-stop shop for buying and selling used and refurbished phones.

E-CommerceInternetPublishingRetail Technology
Pre SeedMay 11, 2022
Amount Raised: $2,100,000
Leverage Edu

New Delhi, Delhi, India

AI-enabled marketplace designed to help students with their higher education and career growth plans

Artificial Intelligence (AI)Career PlanningEdTechEducationHigher EducationInternetMarketplace
Series BMar 21, 2022
Amount Raised: $22,000,000
KarmaLifeAI

Bangalore, Karnataka, India

KarmaLifeAI is a digital solution for the financial well being of blue-collar gig workers and micro-business.

Artificial Intelligence (AI)FinanceFinancial ServicesFinTech
SeedFeb 23, 2022
Amount Raised: $2,200,000
Goodloans

London, England, United Kingdom

Goodloans builds platforms that connect SMEs with credit. Backed by Google and Barclays.

CreditFinancial ServicesFinTech
Pre SeedFeb 1, 2022
Amount Raised: $1,200,000
Agnikul

Chennai, Tamil Nadu, India

Agnikul is a space tech startup that manufactures and launches orbital class rockets for micro and nano satellites.

AerospaceManufacturingNanotechnology
Series AMay 19, 2021
Amount Raised: $11,000,000