US-based, Capria Accelerator, was founded by Dave Richards and Will Poole in September 2015. It is managed by global investment firm Capria. The founders have also co-founded, Unitus Seed Fund, a venture seed fund in India. The accelerator provides seed capital, mentoring, fundraising support, investment evaluation support, and access to a growing global network of early-stage fund managers.
Mohandas Pai, co-founder of Aarin Capital, said, “We’re firm believers in the importance of helping establish fund managers who will invest capital based on well-researched strategies and a passion for supporting entrepreneurs who will build large, profitable, and sustainable businesses. We’re excited to be investors in Capria, applying similar principles on a global basis.”
Capria invests and supports new fund managers investing in early-stage startups in markets including South Asia, Southeast Asia, Africa and Latin America. It provides risk capital and significant multi-year acceleration services. In return it takes up a share revenues and profits from the created funds. The acceleration process is divided into five stages as specified in the image below:
At a minimum, fund management teams should have previous investing or entrepreneurial experience (10+ Years), an initial investment thesis and a proposed fund structure in order to be selected.
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