Aavishkaar backs organic textiles maker CAOS Apparels

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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 ......