Sauce VC Launches Its Third Fund With a Size of Rs 250 Crore
Sauce VC, a New Delhi-based investment firm that has already funded new-age luggage brand Mokobara, healthy food startup
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This comes as D2C companies experience increased interest from risk capital investors.
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The New Delhi-based investment firm gained approval from the Securities and Exchange Board of India (Sebi) for the new fund a few weeks ago.
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Sauce VC’s new fund comes at a time when risk capital investors, especially tech-focused organizations, are showing an increasing interest in the direct-to-consumer (D2C) industry, as ET has reported.
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The fund will primarily raise funds from domestic limited partners, or sponsors of venture enterprises.
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Sauce VC is also trying to raise capital from its existing investors, who include family offices and consumer-focused corporations.
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