Capital A, an early-stage focus adventure fund has invested in logistic-tech startup RoaDo. This marks the fund’s maiden investment from its recently 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 new proceeds for RoaDo will be conveyed in early-stage development and GTM suggestions. Established in 2017, RoaDo is a Bengaluru-based SAAS startup which is aiming to upgrade perceivability, real-time control, and efficiency in the inventory chains.
The platform functions as a fitting and-play technology partner and offers tracking and tracing of consignments with practically no GPS need or sophisticated hardware, AI-enabled exceptions and alerts with actionable insights, and automated customer updates.
