The funding will be used to expand existing and new product lines, develop value-added advisory services, and provide quality financial services to better serve processors and Farmer Producer Organisations (FPOs).
In February 2023, Capria achieved the first close of its India Opportunity Fund at INR 75 crore (announced originally as Unitus Ventures India Opportunity Fund before Capria and Unitus joined forces to operate as a single brand, Capria, in September 2023).
Investment in India is being driven by a confluence of factors, including educated young talent, cheap data availability, digital infrastructure such as the Unified Payment Interface (UPI) and Aadhar-based KYC, and increased financial and digital awareness.