Rukam Capital to launch Rs.100-Cr tech-focused fund Rukam Sitara
Rukam Capital will launch an INR 100 crore tech-focused fund called Rukam Sitara. It will invest between INR 50 lakh and INR 1 crore in early-stage startups. It aims to make follow-on investments too. Rukam will invest in sectors such as generative AI, B2B SaaS, and tech solutions in consumer product distribution. The fund has already invested in an AI video startup and is in the process of making a formal announcement. Over four years, Rukam Capital has invested in consumer brands such as Sleepy Owl coffee, CureFoods, Beco and BurgerSingh.
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