India's Artha Venture reaches second close of its debut fund

India's Artha Venture reaches second close of its debut fund

Photo: Mint

Artha Venture, a micro venture capital fund, has made a second close of ₹100 crore for its debut venture capital fund, said a senior executive of the fund.

In July 2018, Artha made the first close of its fund at ₹40 crore. A close of a private equity or venture capital fund is a milestone which allows it to start investing the capital raised, while continuing to raise funds from more investors.

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