Fund News
Sauce VC announces final close of Third Fund at Rs.365-Cr
Delhi-based consumer-focused venture investor Sauce VC has made the final close of its third fund at INR 365 crore, against a target corpus of INR 250 crore. Sauce VC is looking to invest in 12-15 consumer brands in the early stages.Almost 95% of the capital has been raised from domestic investors, of which 80% came from backers of Sauce VC’s previous funds. Investors in the fund include Pratithi Investments (Infosys co-founder Kris Gopalakrishnan’s family office), Sharrp Ventures (Marico promoter family), Singularity Ventures and Saison Capital.
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