Digital consumer biz focused Prath Ventures raises Rs.120-Cr in second close

Consumer sectors focused Venture Capital firm Prath Ventures has raised INR 120 crore in a second close co-led by SIDBI Fund of Funds and others.Co-founded in 2022 by Piyush Goenka and Harmanpreet Singh, Prath Ventures invests in digital consumer businesses and their enablers. It focuses on the seed to Series A stages and has made three investments - beverage maker Jimmy’s Cocktails and yet to be announced investments in consumer brands in the lifestyle and travel sector.