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 ......
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 ......
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 ......
Lighthouse Canton plans new venture capital fund to back portfolio winners
Singapore-based investment firm Lighthouse Canton plans to roll out a new venture capital fund to double down on the standout performers from its maiden India vehicle’s portfolio, a senior executive told VCCircle. The firm, which hit the final close of its debut India VC fund LC Nueva AIF in November last ......
Fireside-backed petcare startup Supertails snags Series B cheque
Petcare startup Supertails said Tuesday it has raised Rs 125 crore ($15 million) in Series B funding led by RPSG Capital Ventures, the early-stage venture capital arm of the RP-Sanjiv Goenka Group. Existing investors Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC also joined the round. The development comes months ......
Sauce.vc exceeds target corpus for second fund, eyes larger annex fund
Early-stage consumer focused venture capital firm Sauce.vc has marked the final close of its second India-focused fund with an oversubscription and is planning to raise a larger annex fund, a top fund executive told VCCircle. “Our actual target was Rs 120 crore but we ended up raising more within just two ......
Karkhana.io, six others snag early-stage funding
Manufacturing platform Karkhana.io, deeptech startup PierSight fitness tech startup Fittr, sexual wellness brand MyMuse, deeptech startup Accio Robotics, logistics startup Evify and clothing brand Unirec have secured early-stage funding. Karkhana.io Business-to-business (B2B) manufacturing platform Karkhana.io has raised $6.3 million (Rs 52.37 crore) in a Series A funding round, co-led by homegrown venture ......
Luggage brand Nasher Miles kicks off funding discussions, hires banker
New-age bootstrapped luggage startup Nasher Miles Pvt. Ltd has initiated discussions to raise its maiden round of funding from institutional investors, a top executive told VCCircle. Mumbai-based Nasher Miles, which competes with the likes of Mokobara and Uppercase, is scouting for investors to mop up primary capital of as much as $8-10 million (Rs 66-83 crore), ......
Sauce.vc, others back flower delivery startup Hoovu Fresh
Bengaluru-based Yeshoda Rose Bazaar Pvt. Ltd, which runs floral startup Hoovu Fresh, on Wednesday said it has secured pre-Series A funding of Rs 6.45 crore (around $850,000) led by early-stage venture capital firm Sauce.vc. The round also saw participation from Sangeet Agrawal (Mokobara), Akshay Dujodwala (Mangalam Organics) and Nikhil Bhandarkar (Panthera ......
