Internet Investment: Aroa Venture Partners Receives INR 40 Cr Commitment

Internet Investment in India's Startup Ecosystem

Internet investment is flourishing with Aroa Venture Partners securing a notable INR 40 Cr commitment from the Small Industries Development Bank of India (SIDBI) and the UP Startup Fund. This endorsement underscores the confidence in the firm’s strategic vision, as it aims to nurture a robust startup landscape in India, fueled by key investments.

Aroa Venture Partners' Growth Strategy

Founded in 2020 by Gaurav Gulati, Aroa Venture Partners focuses on multiple sectors with an early to growth-stage investment strategy. Their Aroa Opportunities Fund, a Category-II AIF, has attracted over INR 400 Cr in commitments, with plans for a final close in March 2025, capitalizing on evolving market needs.

• Healthcare
• Child development and care
• Insurance
• Financial services
• Deeptech

Leadership Insights

With the addition of Sekhar Puli, a seasoned partner with decades of experience, Aroa aims to enhance its mission: supporting transformative growth in India’s vibrant startup scene. Puli expressed enthusiasm about empowering entrepreneurs and forging the future of the industry.

Aroa's Funding Journey

Months prior, Aroa launched a fund targeting INR 400 Cr ($50 Mn). Having achieved Category II AIF registration with SEBI in October 2022, the firm is committed to expanding its impact in the sectors crucial for India's transformational growth.