Artha Group looks to close Rs 450-crore fund

Artha Group is looking to close a Rs 450-crore opportunity fund to back winners from its existing portfolio, a senior executive told ET.

The new vehicle, Artha Select Fund (ASF), includes a Rs 120-crore green shoe option and has secured more than Rs 100 crore commitments from existing limited partners or sponsors of Artha Venture Fund (AVF).