Capital A, a venture capital firm, has initiated its second fund with an objective of accumulating Rs 400 crore.
The fund will concentrate on businesses in the fields of manufacturing, deep tech, climate, and fintech. Capital A intends to invest in 17-20 companies and distribute checks ranging from $2 million to $3 million throughout the startup’s lifespan.
The initial check will be in the range of $750,000 to $1 million. The VC firm intends to conclude the fund’s operations by the conclusion of 2025. The firm stated in a statement that the investor base for Fund II will be primarily domestic, with support from family offices, high net-worth individuals, like-minded limited partners, and returning partners such as Manjushree Ventures.
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In these segments, Fund II will concentrate on the development of long-term value, he further stated. Kedia’s Capital A, which was founded in 2021, has invested in over 20 businesses, including Jiraaf, Rooter, Bambrew, Riskcovry, and Tan90.
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