Whalesbook
Mobility-focused venture capital firm AdvantEdge Founders has achieved a remarkable 11X return on its maiden fund, AdvantEdge Fund I. This success was largely driven by a partial exit from its investment in ride-hailing startup Rapido, yielding significant gains. The firm reported an 11.5X multiple on invested capital and distributed over 3X paid-in capital to its investors, highlighting strong performance in the early-stage investment landscape.