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RPSG Capital Ventures closes Fund II at Rs 550 Cr

Yourstory  

D2C brands focused RPSG Capital Ventures has closed Fund II after raising about INR 550 crore and exercising the green shoe option. The majority of the investor base was domestic and included leading family offices, high-net-worth individuals, and industry veterans from the consumer sector.Fund II will typically invest in Series A rounds with first cheques of INR 10 crore to INR 40 crore. It is looking to back D2C brands across F&B, beauty, health and wellness, entertainment, lifestyle goods, and consumer enabler categories.Through Fund II, the firm has already invested in upcoming pet care platform Supertails, oral care brand Perfora, drinkware brand Rabitat.

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