Fund News
D2C Insider makes first close of Super Angels Fund at Rs.10-Cr
Mumbai-based D2C Insider , a D2C (direct-to-consumer) community with over 10,000 founders as members, has launched Super Angels Fund, tailored for the consumer space.The fund is backed by over 50 D2C founders, including Aneesh Seth (Dr. Seth’s), Vedang Patel (Souled Store), Soumya Kant (Clovia), Kunal Bahl (Snapdeal), and Vivek Biyani (Broadway).The fund plans to deploy the corpus across 20-25 early-stage startups in the pre-seed/seed stages, with average cheque sizes of INR 1 crore, by partnering and co-investing with other funds via its community networks.The D2C Insider Super Angels fund has already made a first close of INR 10 crore and has executed nine investments in Basil, PiknDel, Samosa Party, Crest, Assembly, Futwork, The Solved Skin, Business On Bot and Snackibl.
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