Capital A makes first investment in SaaS startup from $25 mn venture fund

Capital A, a venture capital firm for seed to early-stage startups, has launched a fund with a corpus of $25 million and made its first investment in Bengaluru based B2B logistics tech startup RoaDo.

The venture fund plans to invest in 8-10 companies on a yearly basis, with a ticket size of $50,000 to $500,000 and will participate in follow-on rounds as well.

Its first portfolio company, RoaDo, is a software-as-a-service (SaaS) platform aiming to optimise visibility, real-time control and efficiency in the supply chains.

Its cloud-based platform offers a plug-and-play technology that can be activated in 5 minutes without any specific hardware needs.