Aroa Venture Partners, a venture capital firm with a multi-sector and multi-stage investment strategy has launched Rs 400 crore, or around $50 million fund.
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Aroa Venture Partners intends to use the new fund to distribute checks totaling between Rs 4 crore and Rs 40 crore to 20–25 startups.
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“We plan on investing from seed to Series C. From seed to Series A, we will always lead the round and Series B and C, we will not lead but instead co-invest,” Gulati said.
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“Our approach is largely multi-sector. However, real estate and Web3 are on the negative list. Real estate as a sector has matured, and we believe there are sufficient pools of capital available to take ventures in this space forward. Web3 is an area that is very compelling, but we have yet to build conviction around scalable and commercial use cases,” he added.
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About Aroa Venture Partners
Aroa Venture Partners was founded in 2020 by Gaurav Gulati with the vision of becoming India’s foremost venture capital firm, backing mission-driven entrepreneurs who deliver both strong returns and positive societal impact.
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