Fund News
Capital A launches Rs.400-Cr fund for manufacturing, deep-tech, climate-tech sectors
Venture Capital firm Capital A has launched its second fund, targeting a corpus of INR 400 crore.The new fund will focus on manufacturing, deep-tech, climate-tech and fintech startups. It aims to invest in 17-20 companies with an investment size of USD 2-3 million over the lifecycle of the startup. The first cheque will range from USD 750,000 to USD 1 million.The investor base for Fund II will be primarily domestic, from family offices, high net-worth individuals (HNIs).Capital A, which was set up in 2021 by Ankit Kedia (part of the promoter family of Manjushree Technopack), has invested in more than 20 startups, including Jiraaf, Rooter, Bambrew, Riskcovry and Tan90.
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