CXXO Information

CXXO is Kalaari Capital's $10M carve-out fund backing early-stage, tech-enabled companies with women CEOs. Women founder-CEOs in India are building strong companies and consistently raising less money than comparable founders. This is not because the businesses aren't good enough, but because the networks that move capital in India have historically worked in ways that leave most women out. We invest in the companies that get missed as a result. We evaluate companies the same way Kalaari does: market size, business model, and founder-market fit. We are sector-agnostic. The CEO criterion is the only variable we've deliberately adjusted for. We make sure women-led companies get access to serious capital and get assessed on the same terms as every other Kalaari investment. CXXO produces original research on India's funding landscape, runs the annual NoCeiling Summit, and publishes the CXXO Front Cover newsletter. Our flagship research, The ₹4 Problem, documents exactly how funding concentrates within India's most networked startup cohorts, and how little of it reaches women founders. If you are building a company and want to talk: cxxo@kalaari.com