Aavishkaar backs organic textiles maker CAOS Apparels

Aavishkaar Venture Management, a venture capital firm focused on India’s rural areas and bottom-of-the-pyramid (BoP) space, has invested an undisclosed amount in organic textiles maker CAOS Apparels Pvt Ltd. The investment will be made in two tranches, and the Pondicherry-based company plans to use the funds to expand its capacity five times.CAOS Apparels, set up ......