Venture Capital Job – Principal – Artha Venture Partners

Position: Principal – Artha Venture Fund (AVF) & Artha Select Fund (ASF)

Location: Mumbai, Maharashtra

Report to: Founder, Anirudh A Damani

About Us:

We invite you to join the dynamic teams at Artha Venture Fund (AVF) and Artha Select Fund (ASF) under the aegis of Artha Venture Partners, a division of Artha India Ventures.

AVF is dedicated to propelling startups from seed to Series A stages, providing the crucial support needed for their initial growth spurts. Our astute investment strategies have cultivated a diverse portfolio that continues to attract prestigious Venture Funds, Family Offices, Corporate Venture Capitalists (CVCs), and Listed Companies.

ASF takes the helm from Series B to Series C stages, providing a robust platform for startups ready to soar to greater heights. With a combined capability to invest up to $10 million across the seed to Series C journey, AVF and ASF are committed to nurturing startups through their crucial growth phases, ensuring a rare support continuum in the venture capital landscape.

Our extensive portfolio of 100+ startups facilitates thematic investments across B2B, B2C/D2C, and D2C enablers, driving substantial impact in the entrepreneurial ecosystem.

Join us in this exhilarating journey of fostering innovation and disruption and moulding the business leaders of tomorrow.

Key Responsibilities:

Deal Sourcing & Investment:

• Proactively scout and source investment opportunities by leveraging a robust startup and venture capital ecosystem network.
• Evaluate incoming pitch decks and investment inquiries for alignment with fund strategies, conducting initial screenings and deeper dives as warranted.
• Engage actively with the startup ecosystem through conferences, industry events, and networking sessions, reaching out to potential investment targets, founders, and other VC professionals.
• Lead the due diligence process for potential investments, including market research, financial analysis, and technical assessments.
• Collaborate with the team to evaluate business models, competitive landscapes, and growth potential, preparing investment memos and presenting recommendations to the investment committee.
• Negotiate deal terms, assist in structuring investments, and manage the closing process for investments.

Portfolio Management:

• Continuously track and assess portfolio companies’ financial and operational performance, utilizing key performance indicators (KPIs) to evaluate progress and identify areas for improvement.
• Work closely with portfolio companies to provide value beyond the capital, connecting them with potential partners, customers, or mentors, aiding recruitment efforts, or strategizing around market expansion.
• Serve as a board observer or board member for selected portfolio companies, actively participating in strategic discussions and offering guidance on critical decisions to ensure alignment with the fund’s investment goals.
• Collaborate with the management teams of portfolio companies to develop and execute exit strategies, maximizing the fund’s return on investment during exit events.

Fundraising:

• Lead fundraising efforts for our funds, engaging with high-net-worth individuals, family offices, institutional investors, and other potential limited partners.
• Conduct extensive outreach to potential investors, effectively communicating the fund’s strategy, performance track record, and potential for generating returns to build investor confidence.
• Lead or participate in investor roadshows, meetings, and conferences, both locally and internationally, to showcase the fund’s opportunities and connect with potential investors.

Training and Team Development:

• Actively mentor and coach junior team members, fostering a culture of learning and growth.
• Implement a structured feedback cycle within the team, encouraging open and constructive feedback to refine investment strategies and decision-making processes.
• Collaborate with the leadership team to develop and implement training programs, identifying external training resources and opportunities to enhance team knowledge and expertise.

Reporting & Analysis:

• Prepare regular reports for the investment committee and family office leadership, including detailed analyses of the portfolio’s current state, financial performance, market dynamics, and potential risks and opportunities.
• Conduct in-depth assessments of portfolio company health, identify red flags or areas requiring additional attention, and tailor reports to specific needs.

Qualifications:

• Master’s degree in business, finance, or a related field from a reputed institute.
• 9 to 12 years of experience, preferably as a startup founder or working on the buy-side of family office investments/ VC/PE firm/ KPO/ Big4 Consulting.
• Proven experience in venture capital, private equity, or investment banking, focusing on early-stage technology investments.
• Strong analytical skills, including financial modelling and valuation.
• Exceptional communication and presentation skills.
• A well-established network in the startup and venture capital community.
• Ability to work independently and as part of a collaborative team.
• They have demonstrated a track record of successful investments in early-stage companies.

Additional Information:

• This full-time position has a competitive fixed salary, complemented by a performance-based carry structure.
• The carry component will be based on the performance of the investments and the overall success of Artha Venture Fund and Artha Select Fund.

The Pathway to Partnership:

This position offers a clear pathway to partnership for individuals demonstrating exceptional performance, leadership, and a strong alignment with our fund’s values and objectives. As a Principal, you will take on significant responsibilities, pivotal in shaping the fund’s investment strategy and portfolio. Your hard work, leadership, and commitment to training and developing your team will prepare you to successfully transition to a Partner role, driving the continued growth and success of AVF and ASF.