₹325 crore for its fund of ₹700 crore to invest in early-stage technology startups.The new fund’s investors include Small Industries Development Bank of India, Capria, an American investment firm, and entrepreneurs including Flipkart co-founder Binny Bansal and Paytm founder Vijay Shekhar Sharma.
The rest of the fund, about ₹375 crore, is expected to close by the end of this financial year.Arkam Ventures was started as Unitary Helion in 2017 by Rahul Chandra, a former managing director at Helion Venture Partners, and Bala Srinivasa, a former partner at Kalaari Partners.