The latest Fund II of RPSG Capital Ventures, an early-stage consumer venture capital fund, has closed with a total of Rs 550 crore.
Family offices, wealthy individuals, and seasoned professionals from the consumer sector make up the majority of the fund’s domestic investor base. The RPSG group has doubled its initial investment as the anchor investor, along with other returning investors from its prior funds.
To date, RPSG Capital Ventures has invested in 16 businesses, including Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, True Elements, and The Souled Store, among others.
“With this new Fund, we’ll continue to invest into new age consumer businesses that have solid unit economics, differentiated positioning, and strong teams.” said Abhishek Goenka, partner at RPSG Capital Ventures.
With first checks ranging from Rs 10 to Rs 40 crore, the fund makes investments in the digitally native consumer ecosystem in the food and beverage, lifestyle goods, beauty, health and wellness, and consumer enabler categories.
