Aavishkaar Backs Textiles Maker CAOS Apparels (Asia)

Source: VCCircle  |  Author: Madhav A Chanchani

Aavishkaar Venture Management, a venture capital firm focused on India’s rural areas, has invested in India-based organic textiles manufacturer CAOS Apparels. The transaction was structured through Aaviskhaar’s second fund. The company plans to use the funds to expand its manufacturing capacity. Financial details of the transaction were not disclosed.