Inventus India launches ₹900 crore fund, rebrands to Athera Venture Partners 

Inventus India, an early stage Enterprise Capital(VC) agency, has launched its fourth fund with a goal corpus of ₹900 crore. It has additionally rebranded the agency as Athera Enterprise Companions. 

The VC agency stated that the rebranding reiterates its imaginative and prescient and focus. The Indian-ness of the brand new id aligns with its focus of investing within the Indian start-up ecosystem, the corporate stated within the launch. The which means reiterates its funding philosophy – that of being a companion to visionary founders on their path to success and prosperity, it added. 

Parag Dhol, Basic Companion, stated, “our new model id displays our ethos and philosophy and builds on the inspiration of our legacy.”

Athera’s new fund launch is seeing curiosity from present traders, monetary establishments, abroad funds, and household workplaces, given the robust efficiency of the earlier funds, the agency stated. 

Rutvik Doshi, Basic Companion, stated, “with our new fund elevate, we want to actually triple down on the start-up ecosystem in India that’s on a bullish development trajectory. At Athera, we’re dedicated to figuring out and supporting visionary tech entrepreneurs.”

Give attention to rising tech sectors

With the fourth fund, Athera will proceed its core technique of creating investments in new and rising know-how sectors. The brand new fund’s focus areas will embody a spread of themes, comparable to, Web of Issues, Shopper Web, Cell, SaaS, Enterprise Software program, FinTech, Internet 3.0 and Deep Expertise. Fund IV will make investments with ticket sizes between ₹5-45 crore, and observe it up in future rounds.

Inventus Capital Companions was established in 2006 as a cross border agency investing in america (US) and India. In 2018, the Basic Companions of Athera Enterprise Companions raised an oversubscribed Inventus III – India Fund, with a corpus of ₹369 crore.

Revealed on

Could 26, 2022