Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
a99 VC, formerly known as Artha99 Venture Capital Fund, is a venture capital firm based in Chennai, India. Founded in 2020, the firm focuses on early-stage investments in technology-driven startups. The rebranding reflects a strategic pivot towards advanced manufacturing and infrastructure, aligning with India's industrial growth. The firm aims to channel institutional capital back to the shop floor, enhancing India's global competitiveness in manufacturing.
As of now, a99 VC manages a total of approximately $100 million across its funds. The firm has launched two funds, with Fund I deployed and Fund II currently active, targeting investments in enterprise technology and industrial sectors. The firm is located at No. 74, Fagun Mansion, Ethiraj Salai, Egmore, Chennai, Tamil Nadu 600008, and has a growing team dedicated to supporting its portfolio companies.
a99 VC primarily invests in technology-driven startups across various sectors, with a strong emphasis on advanced manufacturing and infrastructure. The firm targets early to late-stage investments, specifically in pre-seed, seed, and seed-plus stages. Key sectors of interest include industrial, energy, fintech, and healthcare, with a particular focus on semiconductors, mechatronics, metals & mining, alternate energy, and specialty chemicals.
The firm seeks opportunities that align with India's industrial growth, aiming to support startups that build ancillaries for the country's sunrise industrial sectors. a99 VC looks for founders who demonstrate a strong vision and capability to drive innovation within their respective fields. The firm prefers to engage in deal structures that allow for strategic guidance and industry connections, enhancing the growth potential of its portfolio companies.
a99 VC's portfolio includes five notable companies that focus on technology solutions enhancing manufacturing and industrial processes. These companies are:
These companies exemplify a99 VC's commitment to investing in sectors that support India's industrial landscape and technological advancement.
Vignesh Shankar - Founder. Vignesh has a strong conviction that institutional capital must return to the shop floor to enhance India's global competitiveness in manufacturing. He has a background in venture capital and entrepreneurship.
Anil Kumar - Founder. Anil brings extensive experience in investment analysis and strategic planning, focusing on technology-driven sectors.
Priya Sharma - Managing Partner. Priya has a background in finance and venture capital, with expertise in identifying high-potential startups.
Rajesh Gupta - Investment Analyst. Rajesh specializes in market research and financial modeling, supporting the investment decision-making process.
To pitch to a99 VC, founders should visit their website at a99.vc and submit their pitch through the provided channels. It is important to include a comprehensive deck that outlines the business model, market opportunity, and financial projections. The firm prefers warm introductions but is open to direct pitches via email at pitch@a99.vc. Response times may vary, but founders can expect feedback within a few weeks.
In 2022, a99 VC launched Fund II, targeting approximately Rs 50-105 crore (~$6-13M) for investments in enterprise technology and industrial sectors. The firm is currently preparing for Fund III, which aims to raise $100 million, focusing on advanced manufacturing and infrastructure.
Notable portfolio companies include Aditya Avartan, Intangles, Innocule, EzeRx, and Lyzr, which reflect the firm's commitment to supporting technology solutions in manufacturing and industrial processes.
What are a99 VC's investment criteria?
a99 VC primarily invests in early-stage technology-driven startups across sectors such as industrial, energy, fintech, and healthcare. The firm focuses on companies that align with India's industrial growth and demonstrate potential for innovation and scalability.
How can I apply or pitch to a99 VC?
Founders can pitch their startups by visiting the firm's website at a99.vc or by emailing their pitch to pitch@a99.vc. It is advisable to include a detailed business plan and financial projections in the pitch.
What makes a99 VC different from other venture capital firms?
a99 VC distinguishes itself through its focus on advanced manufacturing and infrastructure, specifically targeting sectors that support India's industrial growth. The firm emphasizes strategic guidance and industry connections to enhance the scalability of its portfolio companies.
What is the geographic scope of a99 VC's investments?
The firm primarily invests in startups based in India, with a strong emphasis on the Indian market. However, it remains open to opportunities in other Asian markets that align with its investment thesis.
What is the typical check size for investments?
a99 VC typically invests in the range of $6 million to $13 million, depending on the stage of the startup and the specific needs of the business.
What kind of post-investment involvement does a99 VC have?
a99 VC actively engages with its portfolio companies by providing strategic guidance, facilitating industry connections, and supporting operational growth. The firm aims to be a valuable partner throughout the startup's journey.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.