Capital A Announces $25 Million Fund, Invests In RoaDo
Summary
Every year, Capital A plans to invest in 8-10 companies with a ticket size of $50,000 to $500,000 and will participate in follow-on rounds as well, a statement said. The platform also allows tracking and tracing of consignments without any need for GPS or sophisticated hardware, offers AI-enabled exceptions and alerts with actionable insights, and automated customer updates. He added that Capital A’s strategic involvement with RoaDo is a step towards its mission to invest in diversified and high potential sectors. However, there is a lack of digitisation and optimisation of processes, RoaDo founder and CEO Murugan Manoj Kumar J said. The early-stage support (pre-series A funding) from Capital A will help the company further expedite the development of its platform and take it to the markets in a more streamlined and impactful manner, he added.
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