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Key people at Achari Ventures.
Achari Ventures was founded in 2018 by Vikas Desai (Founder & Partner).
Achari Ventures operates as an investment firm specializing in equity and credit opportunities within niche industries and emerging asset classes. The firm strategically allocates capital to early-stage, foundational companies, with a particular focus on the expanding cannabis industry, supporting both plant-touching enterprises and essential ancillary businesses. This approach emphasizes identifying promising ventures poised for significant growth and market influence.
The firm was founded in early 2018 by Vikas Desai. Desai, an alumnus of the NYU Stern School of Business, established Achari Ventures based on the insight that the burgeoning cannabis sector presented unique and undervalued investment opportunities requiring specialized expertise. His vision centered on creating a dedicated financial vehicle to foster innovation and stability within this emerging market.
Achari Ventures partners with nascent companies across the cannabis landscape. The firm’s mission is to identify and support high-impact businesses that form the backbone of this evolving industry, contributing to its professionalization and long-term viability. Achari Ventures envisions a future shaped by strategic investments that accelerate the development and maturation of the cannabis ecosystem.
Key people at Achari Ventures.
Achari Ventures was founded in 2018 by Vikas Desai (Founder & Partner).
Achari Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $20.0M Series A in Biopharmaceutical Research Company in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 4, 2022 | Biopharmaceutical Research Company | $20.0M Series A | Howard Goodwin | AFI Capital Partners, Argonautic Ventures, Delta Emerald Ventures, Self Health America |
| Sep 1, 2021 | Dispense | $2.0M Seed | NextView Ventures | 01 Ventures, Evolution VC Partners, Foundation Capital, Great Oaks Venture Capital, Gutbrain Ventures, Harrison Metal, Moving Capital, Poseidon Asset Management, Precursor Ventures, Rackhouse Venture Capital, Social Capital, XYZ Venture Capital, Adrian Aoun, Anthony Pompliano, Curtis Chambers, Hovhannes Avoyan, Jeff Seibert, Jett Mccandless, John Abele, Wayne Chang, Arrive |