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Artha India Ventures Mops Up 61% Returns From Its Maiden Fund
- Artha India Ventures (AIV) claims its micro VC arm AVF-I generated a 61% IRR at close.
- AVF-I, closed in FY19 at INR 225 Cr, has deployed INR 175 Cr in 32 seed stage startups.
- Fund's DPI is approaching 20%, with a 19X return from Everest Fleet exit.
- Artha has invested in 140 startups since 2012, with a focus on Series B and C funding rounds.
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