Venture capital firm Capria Ventures has successfully closed its India Opportunity Fund, raising Rs 153 crore ($19 million) in funding. This milestone follows a full-cash exit from its portfolio company, Awign.
Based in the US, Capria Ventures initially announced a first close at Rs 75 crore in February 2023 under the name Unitus Ventures. Later, Capria Ventures and Unitus Ventures merged to consolidate into a single brand.
The India Opportunity Fund aims to deploy capital across eight companies from its portfolio, which comprises 39 companies from funds I and II.
The capital from the first close has already been invested in breakout portfolio companies from Capria India Fund I and Capria India Fund II. These include Awign, BetterPlace, Cuemath, Eduvanz, and Masai School.
Capria Ventures supports early-stage startups across various regions, including India, Southeast Asia, Latin America, the Middle East, and Africa. Its key sectors of interest encompass fintech, job tech, ed-tech, agritech, climate technology, and SaaS companies. Globally, the firm manages assets worth over $207 million.
