The CEO Magazine - India’s Post

Advanced manufacturing-focused VC firm a99 VC (formerly Artha99) is raising its third fund with a target corpus of $100 million (~Rs 850 crore), an 8X jump from its previous fund. The firm aims to back early-stage startups from pre-Series A to pre-Series B, focusing on companies developing ancillaries to sunrise industries such as EVs, med-tech, and advanced manufacturing. Founder and Managing Partner Vignesh Shankar said around 20% of the new fund will be reserved for follow-on rounds, while 80% will be used for fresh investments. Fund III is expected to start deploying capital from April 2026, with cheque sizes ranging from Rs 20–80 crore per startup. #a99ventures #venturecapital #sunriseindustries #startupfunding #earlystageinvesting #advancedmanufacturing #evstartups #medtechstartups #preseriesa #preseriesb #fundraise #startupinvestments #chequesize #entrepreneurship #innovationindia #chennaistechtalent #startupgrowth #vcindia #portfoliofunding #fundiii

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