Sauce.vc tops up bet on ice cream firm Hocco Foods
Hocco Foods Pvt Ltd, run by the Ahmedabad-based Chona family, has raised $10 million (Rs 86 crore) of the total intended $20 million as part of its Series B round, the company said Thursday. The fundraising by Hocco, which previously built and divested the Havmor ice cream brand, is led by ......
Ice Cream brand Hocco raises $13 mn in fresh funding
Hocco Foods Pvt Ltd, operated by the Ahmedabad-based Chona family, has secured Rs 115 crore ($13 million) in a fresh funding round from existing backer Sauce.vc. The latest round values the company at about Rs 2,000 crore ($225 million), it said in a statement. The fresh capital will be used to expand ......
Stackbox, MeshDefend, Game State Labs among 11 startups to bag early funds
At least 11 startups including logistics startup Stackbox, enterprise data-security focussed MeshDefend, and enterprise-tech provider Game State Labs have secured funding in various early-stage rounds which saw participation from venture capital firms, startup accelerators and individual investos. Stackbox Stackbox, a deep-tech supply chain and logistics software-as-a-services (Saas) company, has secured $4 ......
Early-stage investor Sauce.VC raises $43 mn in latest outing
Consumer sector-focused homegrown venture capital firm Sauce.VC has hit the final close of its third fund that it had floated in May this year. The early-stage investor has received commitments worth Rs 365 crore ($43 million), about 46% higher than its initially targeted corpus of Rs 250 crore. It received market regulator ......
Consumer-focused investor Sauce.VC elevates exec to partner role
Consumer-focused venture capital firm Sauce.VC, which has backed companies such as oral care brand Perfora, ice cream brand Hocco and energy drink Rockit, has elevated its director for early-stage investing to a partner role. The Delhi-based firm, which recently hit the final close of its Sauce Continuity Fund at Rs 263 ......
BabyOrgano Secures ₹6 Crore Seed Funding from Sauce.vc
BabyOrgano, an Ayurvedic wellness and personal care brand for kids, has successfully raised ₹6 crore in funding from Sauce Consumer Fund III, with participation from existing investors. This significant funding further encouraged the company’s ambitious expansion plans. The brand plans new product launches, marketing initiatives, team building and exploring export ......
Sauce.vc picks up stake in GRM Overseas unit
Early-stage consumer-focused venture capital firm Sauce.vc has picked up a stake in GRM Foodkraft Pvt. Ltd, a subsidiary of homegrown fast-moving consumer goods maker GRM Overseas Ltd. Mumbai-listed GRM Overseas said in a stock-exchange filing it has sold a stake of more than 3% in the subsidiary to the VC firm ......
Exclusive: Supertails, Perfora backer Sauce.VC marks final close of latest fund
Consumer-focussed early-stage venture capital firm Sauce.VC has hit the final close of its Sauce Continuity Fund, a top company executive told VCCircle. The category-II alternative investment fund, which initially had a target of Rs 250 crore (around $30.2 million as per current rates), was oversubscribed and made the final close at ......
XYXX, Mokobara backer Sauce.VC floats third VC fund
Consumer-focused early-stage venture capital firm Sauce.VC, which made the final close of its Sauce Continuity Fund in March this year, has now launched its third flagship VC vehicle. Sauce.VC, which is an investor in men’s innerwear brand XYXX, clean label food The Whole Truth Foods, travel lifestyle accessories brand Mokobara, personal ......
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