Cap Alpha Ventures
Hong Kong, Hong Kong Island, Hong Kong
Overview
Cap Alpha is a venture capital firm that offers investment support and services to startups.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 2
Sector focus
- Business Development
- Venture Capital
Investment portfolio
- Vaaree
Led · Series A · Aug 2026
Founded in 2022 by Garima, Varun Vohra and team, Vaaree operates a curated online marketplace offering more than 1.5 lakh home products across décor, furnishings, bed & bath, kitchen and lighting. The company provides an AI-powered product discovery and home styling stack, including its VibeCheck platform that helps users discover products by preference, create moodboards, visualise combinations and shop coordinated looks. Vaaree plans to expand its fulfilment and quality verification centres to bring inventory closer to customers and reduce delivery times, targeting next-day delivery across major Indian cities. The startup has raised a Series A of Rs 65 crore led by Hero Enterprise and Cap Alpha Ventures and counts investors such as Peak XV’s Surge, PeerCapital, All In Capital, Better Capital, OTP Ventures and Kunal Shah. The fresh funding will be allocated to fulfilment expansion, faster deliveries and product discovery/AI investments.
- House of Chikankari
Led · Series A · Apr 2026
Founded in 2020, House of Chikankari is a women-led ethnic wear brand that sells primarily through its D2C website and also via marketplaces like Myntra, Amazon, and Nykaa. The brand currently offers about 1,000 SKUs and plans to expand to over 1,200, with a pipeline of roughly 100 new designs per month across 10+ categories. It reported over 50% growth in FY26, reached an ARR of Rs 50 crore, has served more than 2 lakh customers, and ships to 20+ countries including the US, UK, and Australia. Approximately 80% of revenue comes from its own website, with an average order value on D2C of Rs 3,500. The company says it is at steady-state break-even after investments in team and systems, and plans to accelerate growth by opening EBOs in tier-1 cities and experimenting with quick-commerce via Myntra’s M-Now. Management targets 2–3x growth over the next 2–3 years through product depth, increased frequency, and channel diversification.