Capital-A secures first close of Rs 160 crore for Fund II; bets on manufacturing, deeptech
Capital-A, an operator-led venture capital firm focused on manufacturing and deeptech, secured the first close of its second fund at Rs 160 crore, as it looks to back early-stage startups across aerospace, robotics, energy transition, and industrial hardware, among sectors.
The fund is targeting a base corpus of Rs 300 crore, with a greenshoe option of Rs 100 crore.
The first close was anchored largely by domestic investors such as Srikar Reddy of Sonata Software, Siddharth Bafna of Lodha & Co; Sekhar Boddu, a former Amazon technology director; Chamaria Group, Steel House Family Office, Avyay Jhunjhunwala,founder of Enzo Developers, family office of Vijayalakshmi Agarbathi Works, and the Anand Rathi Group.
