Rs 400 Cr fund launched by Capital A to invest in manufacturing, climate startups
Capital A, a venture capital firm, has opened its second fund with an aim of raising Rs 400 crore. This fund will prioritize investing in industries like deeptech, manufacturing, finance, and the environment.
Capital A stated in a press release that Fund II seeks to discover cutting-edge technologies and business models that are poised to influence the future.
According to Capital A, its Fund I has helped grow and scale a number of progressive startups, such as Entuple, Chargeup, Bambrew, Jiraaf Leumas, and BharatSure. To promote ongoing innovation, the company plans to combine financial support, strategic alliances, and operational expertise.
Capital A states that it plans to invest in 17–20 businesses and will write checks totaling $2–3 million during the startup phase, with the first check being between $750K and $1 million. With support from family offices, business titans, HNIs, like-minded LPs, and returning partners from earlier funds like Manjushree Ventures, Fund II’s investor base will be predominantly domestic. By the end of 2025, the company hopes to announce the fund’s final close.
Capital A seeks to play an operationally immersive role, offering its portfolio companies both short- and long-term value, as well as significant contributions to the ecosystem at large. With Fund II, the company is entering a new phase and intends to help forward-thinking business owners and develop technologies that tackle some of the most pressing global issues.
Ankit Kedia founded Capital A in 2021, and it supports startups in a variety of industries, including fintech, deeptech, climate, and other tech-enabled businesses. It has made investments in over 20 startups, including Tan90, Jiraaf, Rooter, Bambrew, and Riskcovry.
