Venture capital firm Capital A has announced the launch of its second fund, with a target corpus of Rs 400 crore. This new fund, Fund II, will focus on investing in startups across key sectors like manufacturing, climate tech, deep tech, and fintech. The firm aims to drive innovation and support business models that have the potential to shape the future of these industries.
According to Capital A’s press release, the firm will invest in 17-20 startups, providing initial cheques ranging from $750K to $1 million, with follow-on investments totalling $2-3 million over the startup’s lifecycle. The investor base for Fund II is primarily domestic, with backing from family offices, high-net-worth individuals (HNIs), industry leaders, and previous supporters like Manjushree Ventures. Capital A expects to achieve the fund’s final close by the end of 2025.
Capital A has a hands-on approach to its portfolio companies, offering both operational and strategic support. The firm prides itself on fostering sustained innovation by leveraging its deep network of strategic partnerships, operational expertise, and financial backing. Fund II will further its mission of supporting startups that tackle urgent global challenges, particularly in sectors like climate and manufacturing, which are critical for the future.
Founded in 2021 by Ankit Kedia, Capital A has already made a mark with its first fund, which invested in over 20 startups, including Chargeup, Bambrew, Jiraaf, and BharatSure. The firm’s strategy is built on offering more than just financial support, focusing on immersive engagement with portfolio companies to create long-term value and drive impactful growth.
With Fund II, Capital A is poised to further expand its footprint in India’s startup ecosystem by backing visionary entrepreneurs and advancing technologies in critical sectors like manufacturing and climate.
