Artha launches syndicate investment fund for family offices and UHNIs

Artha Group, which has Rs 1000 crore AUM, has announced the launch of Artha Continuum Fund (ACF), a syndicate fund 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 firm said in a press release. The fund’s debut deal is slated for this quarter, with a goal of closing 8-10 substantial deals annually. 

As per the fund, investors are required to commit Rs 10 crore as a minimum investment.

Founded in 2012, Artha India Ventures represents the family office of Ashok Kumar Damani. It works as the general partner to funds like Artha Venture Fund and Artha Select Fund. It has invested in over 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 Rs 450 crore winners-only micro VC fund, Artha Select Fund (ASF), to invest in the top-performing startups from the group’s portfolio with a focus on Series B and Series C funding rounds.