Artha Venture Fund
Accoutred with over 15 years of entrepreneurial experience, Anirudh is a fourth-generation entrepreneur and a second-generation investor from the Damani family. He was the first to introduce the concept of microVC firms in India and is currently the managing partner of Artha Venture Fund (AVF), the country's first early-stage microVC firm. Under his leadership, AVF has made significant investments in the B2B, SaaS, B2C, FinTech and SpaceTech segments.
After a successful sales and entrepreneurial stint in Texas, he moved back to India in 2012 and started investing in and mentoring early-stage founders through his family office's alternative investment arm, Artha India Ventures. His initial investments included (multi-bagger investments in) OYO Rooms, Tala, Exotel, Purplle, Interstellar, Coutloot, Mobilewalla, Beardo, ConfirmTkt, and Karza. He has a stellar cumulative portfolio with over 106 investments spread across India, the USA, and Israel.
Based on his early-stage investment strategy, Anirudh launched India's first early-stage microVC firm – Artha Venture Fund (AVF), initially aimed at being a ?200 crore (~$30 million) but ended up at ?225 crore corpus. His knack to pick winners is demonstrated by the 10.2x return on investment his overall start-up portfolio has delivered in less than a decade at an IRR higher than 50%. AVF's dedicated portfolio includes Agnikul, LenDenClub, HobSpace, PiggyRide, Daalchini, StarClinch, and more.
In addition to Artha India Ventures, he also co-founded Artha Energy Resources (a renewable energy independent power producer), under the business umbrella of Artha Group.
A double major from Austin College in Sherman, TX, Anirudh has an exceptional work-life balance. He has a passionate drive about adventure, travel, deep-sea diving, sky diving, blogging, and is also a die-hard cricket fan.