Arkam Ventures has launched its second fund, targeting $180 million, with a focus on early-stage startups in India. The venture capital firm was founded by Rahul Chandra and Bala Srinivasa, former executives at Helion Venture Partners and Kalaari Capital. Their first fund closed in 2021 at $106 million.
The second fund of Arkam Ventures will continue to prioritize sectors like fintech, edtech, healthtech, and agritech. Additionally, it will invest in startups that cater to the middle of the pyramid in India.
The launch of Arkam Venture’s second fund reflects the growing interest in Indian startups. The country’s startup ecosystem has experienced rapid growth in recent years, attracting significant investor attention. With its second fund, Arkam Ventures is well-positioned to capitalize on this trend.
To summarize the key details of Arkam Venture’s second fund:
- Targeting $180 million in funding.
- Focusing on early-stage startups in India.
- Investing in fintech, edtech, healthtech, and agritech sectors.
- Supporting startups catering to the middle of the pyramid in India.
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