Arigato Capital Launches Rs 250 Crore VC Fund


Surat-based IVY Growth Associates announces Arigato Capital, a SEBI-registered Category I AIF Venture Capital fund with a target corpus of Rs 250 crore.

Investment Focus:

The sector-agnostic fund will invest in startups across agritech, cleantech, generative AI, fintech, consumer brands, and SaaS companies.

Capital Raising Timeline:

Arigato Capital aims to start raising capital in June 2024, targeting to close all commitments within 15 to 18 months, with an initial close at Rs 100 crore.

Funding Stages and Ticket Size:

The fund will focus on startups beyond the seed stage or in pre-series A stages, with an average ticket size of $500,000.

Founders and Limited Partner:

Founded by Prateek Toshniwal, Rachit Poddar, Mehul Shah, and Sharad Todi, with IVY Growth Associates as a limited partner.

Global Investment Corridor:

Arigato Capital aims to establish a global corridor connecting angel investors and startups, focusing on the Middle East, the US, and Europe.

Track Record and Portfolio:

IVY Growth has invested in over 100 growth-stage startups, deploying Rs 20 crore from its fund and over Rs 80 crore from syndicate funds, with notable investments in Rupeek, BluSmart, and Zappfresh.

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