Super Angels Fund launched by D2C Insider with Rs 25 Cr corpus
An operator fund specifically designed for the new-age consumer market, the Super Angels Fund was introduced by D2C Insider, a D2C community with over 10,000 founders as members.
The company recently started its third cohort of the popular Elevate Program. With direction from more than 25 industry experts, including Aditya Sharma (The Souled Store), Karthik Reddy (Blume Ventures), and Gaurav Khatri (Noise), among others, the program offers a structured 12-week hybrid boot camp.
More than fifty D2C founders support the fund, including prominent figures from the industry such as Aneesh Seth (Dr. Seth’s), Vedang Patel (Souled Store), Soumya Kant (Clovia), Kunal Bahl (Snapdeal), and Vivek Biyani (Broadway).
The Rs 25 crore Super Angels fund aims to support creative pre-seed and seed stage direct-to-consumer (D2C) startups by giving them capital, priceless mentorship, and strategic advice from seasoned businesspeople.
Through partnerships and co-investments with other top funds through its extensive community networks, the fund intends to distribute the corpus among 20–25 early-stage startups in the pre-seed/seed stages, with an average cheque size of Rs 1 crore.
Nine investments in Basil, PiknDel, Samosa Party, Crest, Assembly, Futwork, The Solved Skin, Business On Bot, and Snackibl have already been completed by the D2C Insider Super Angels fund, which made its first close of Rs 10 crore.