Capital A, an early-stage focus venture fund has invested in logistic-tech startup RoaDo. This marks the fund’s maiden investment from its newly announced proprietary fund of $25 million.
Capital-A further plans to invest in 8-10 companies in a year with a ticket size of $50K to $500K and will participate in follow-on rounds as well.
The fresh proceeds for RoaDo will be deployed in early-stage growth and GTM propositions. Founded in 2017, RoaDo is a Bengaluru-based SAAS startup which is aiming to optimize visibility, real-time control, and efficiency in the supply chains.
The platform works as a plug-and-play technology partner and offers tracking and tracing of consignments without any GPS need or sophisticated hardware, AI-enabled exceptions and alerts with actionable insights, and automated customer updates.
