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Arkam Ventures targets $180 million to tap ‘middle India’ opportunity with second fund

Arkam Ventures is courting its second fund, aiming for $180 million, nearly doubling the size of its maiden fund, as the Indian venture capital firm gears up to double down on the expanding ‘middle India’ opportunity.
The firm’s partners said in an interview that they are hopeful to retain support from high-profile international institutional investors and family offices for the new fund. Key investors in Arkam’s first fund included British International Investment, SIDBI and Evolvence.
Arkam, whose startup portfolio includes Jar, Smallcase, Kreditbee, and Jai Kisan, se

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