BellaVita founder launches venture studio Wolfpack Labs with Rs.50-Cr corpus

Serial entrepreneur Aakash Anand is launching a sector-agnostic venture studio, Wolfpack Labs, and has earmarked INR 50 crore to back early-stage startups at the idea stage. Wolfpack Labs will invest in cheque sizes between INR 25 lakh and INR 1 crore on average for an equity shareholding of up to 15%.Wolfpack Labs will focus on creating a cohort of go-to-market-ready startups and will also act as a platform for venture capital funds looking for early-stage companies. The venture studio will earmark a portion of the equity to create an ESOP pool for all the founders of the cohort to encourage collaboration among startups.Anand was the founder of Bella Vita Organic, the direct-to-consumer (D2C) beauty and personal care (BPC) brand, which it sold to Ananta Capital, backed by the Taparia family of Famy Care Group.