Venture capital firm Capria Ventures has announced the successful completion of fundraising for its India Opportunity Fund at Rs 153 crore ($19 million). This comes after a full-cash exit from its portfolio company Awign.
The US-based fund had announced first close at Rs 75 crore in February 2023 as Unitus Ventures. Later, Capria Ventures and Unitus Ventures merged to form a single brand.
The India Opportunity Fund will deploy capital across eight companies out of its portfolio of 39 companies from funds I and II.
The fund had deployed the capital from the first close across its breakout portfolio companies from Capria India Fund I and Capria India Fund II, including Awign, BetterPlace, Cuemath, Eduvanz, and Masai School.
Capria backs early-stage startups across India, Southeast Asia, Latin America, the Middle East, and Africa. Its key focus sectors include fintech, jobtech, edtech, agritech, climate technology and SaaS companies. It manages assets worth over $207 million globally.
