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Artha Venture Fund launches Artha Access for funding
September 25, 2021
Artha Venture Fund, an early-stage micro venture capital fund, said it has launched Artha Access through which it will infuse in pre-seed funding rounds via its partnership with various accelerators across the nation.
AVF has embarked on a corpus from its recently closed fund of ₹225 crores and will infuse up to ₹25 lakh in each transaction. Artha Access will infuse in 40 deals by 2025.
Aspects such as smooth deal execution, ample handholding, and quick turnaround times are possible due to AVF’s collaboration with India Accelerator, Huddle, and IIM Calcutta Innovation Park.
The accelerators carry out the due diligence and on-boarding process, while AVF will provide the start-up’s access to its network and environment, besides co-infusing with the accelerators.
AVF has just closed a deal through these collaborations and as a result infused in ‘TheRollNumber’ in last month.
India has witnessed a growth in start-up funding. Most deal-making occurs in late-stage funding rounds, with early-stage struggling to beat the 2016 peak, according to AVF. Taking note of this gap, Artha Access gives pre-seed stage founders the necessary funds and access to the entire funding spectrum.
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