Capria Ventures has raised more than INR 110 crores towards its India Opportunity Fund I (target size 300 crore) which will be utilized to back the breakout winners from its portfolio of 39 companies funded from its two India VC seed funds – Capria Ventures India Fund I (vintage 2013, AUM 171 crore) & Capria Ventures India Fund II (vintage 2018, AUM 237 crore). The final close for the Opportunity Fund will be later in 2023.
The initial capital commitments to this fund reflects the confidence of marquee investors such as the Mynavi Corporation of Japan, Mr. B.V.R. Mohan Reddy of Cyient and Mr. Nandkumar Seksaria of Govindram Brothers among others, in our strategy of doubling down on leaders across Jobtech, Fintech, Edtech & AI sectors. Capria’s program has already launched by closing investments in 5 companies – BetterPlace, Cuemath, Awign, Masai, Eduvanz who are entering their growth “hockey-stick” phase and are attracting substantial new capital (Series B, C & D). Additionally, to explore opportunities in early-growth or growth-stage companies (Series A+ onwards) that are capitalizing on advances in generative AI and climate technologies in addition to Jobtech and Fintech, up to 20% of the fund’s capital will be available for deals outside of Capria’s existing portfolio.
As an early investor in these companies, Capria Ventures takes pride in how they have grown into leaders in the respective sector / category by establishing strong product-market fit, delivering sustained sound unit economics and building proven leadership teams. These companies have shown resilient performance even in times that others are struggling. As examples, BetterPlace, Awign, Masai School have delivered quarterly growth rates exceeding 25% since Jan ’21.
Capria Ventures and its related entities are committed to the highest standards of ethics and strictly enforce a zero-tolerance anti-corruption policy. Please report any suspicious activity to [email protected]. All reports will be treated with utmost urgency and resolved appropriately.
Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.
