The record
Written from the 1 report below. Nothing here is unsourced.
- The Madras High Court has granted an interim injunction stopping Chennai-based venture capital firm Artha99 AIF Investment Advisors LLP from using the 'ARTHA' name and mark.
- The order came on a lawsuit by Mumbai-based Artha India Holdings and its group entities, which hold registered trademarks for 'ARTHA' and 'ARTHA VENTURE FUND' and claimed Artha99's name was deceptively similar.
- The court found a prima facie case of trademark infringement, barring Artha99 and its partners, employees and associates from using 'ARTHA' in its company, fund or partnership names, websites, domains or social media, and from transferring its artha99.vc domain.
- The firm, founded in 2020, is separate from the Artha Group and invests in sectors like auto tech, aerospace and consumer technology.
What to watch next
- The matter returns to court in four weeks, when Artha99 is expected to respond to the notice
- Whether the interim injunction is confirmed or modified at the next hearing
- How Artha99 rebrands its firm, fund, domain and social media accounts
Coverage1
1 report
English national1
All filed from India
Named India · Agnikul Cosmos · Artha99 AIF Investment Advisors LLP · OYO · Purplle · Rapido · Artha India Holdings · Artha Singularity Venture Partners LLP · Artha Venture Partners LLP · K Kumaresh Babu · Madras High Court
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