Capital A has launched a Rs 400 crore fund to invest in manufacturing and climate startups. The venture capital firm said Fund II will target a corpus of Rs 400 crore and focus on sectors such as manufacturing, deeptech, climate, and fintech. Capital A aims to identify innovative technologies and business models that will shape the future.
The firm said Fund I has supported and scaled many progressive startups, including Chargeup, Bambrew, Jiraaf, Leumas, BharatSure, and Entuple. The firm plans to invest in 17-20 companies. It will provide $2-3 million over the lifecycle of each startup, with the first investment ranging from $750K to $1 million.
The investor base for Fund II will be primarily domestic. It will include family offices, industry leaders, HNIs, and like-minded LPs.
Rs 400 crore for impactful startups
Returning partners from previous funds, such as Manjushree Ventures, are also expected to contribute. Capital A aims to mark the final close of the fund by the end of 2025. Capital A intends to have an operational immersive role.
It will provide tactical and long-term value for its portfolio companies and make meaningful contributions to the broader ecosystem. As the firm embarks on the next phase with Fund II, it aims to support visionary entrepreneurs and advance technologies that address some of the world’s most urgent challenges. Ankit Kedia launched Capital A in 2021.
The firm backs startups across diverse sectors such as climate, deeptech, fintech, and other tech-enabled businesses. It has invested in more than 20 startups, including Jiraaf, Rooter, Bambrew, Riskcovry, and Tan90.
- Entrackr.”Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startups”.
- Business-Standard.”Capital A launches Rs 400 cr fund to target manufacturing, climate startups”.
- EconomicTimes.”Capital A launches Rs 400-crore fund for investments in manufacturing, climate startups”.