On Thursday, Inventus India announced its rebranding as Athera Venture Partners and launched its fourth fund with the target set to a corpus of Rs 900 crore (USD 120 million). They will focus on their rebranding reiterates.
To startup, a new ecosystem and new identity align, which can focus on its investment on it. According to the company statement, ‘Athera’ is a Sanskrit word that means ‘path’ and direction.
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“The new fund’s focus areas will include a range of themes, such as Internet of Things, Consumer Internet, Mobile, SaaS, Enterprise Software, FinTech, Web 3.0 and Deep Technology,” the statement added.
