The final close of Sauce VC’s Rs 750 crore Opportunities Fund has been announced by the consumer-focused early-stage venture capital firm.
The fund will double down on high-conviction bets on four to five companies from Sauce’s early-stage portfolio, including Hocco, The Whole Truth, Mokobara, Innovist, XYXX, and Supertails, according to an ET report.
As high-performing portfolio companies grow past early-stage rounds, the Opportunities Fund is set up to double down on them. In order to participate in subsequent rounds, Sauce VC usually invests in seed and pre-Series A stages. In the past, Sauce VC has supported startups in a variety of consumer brands and technology platforms.
The firm intends to increase its ownership in breakout portfolio companies and assist them through subsequent growth phases after this fund closes. The Whole Truth, Plum, Rage Coffee, Mokobara, Innovist, Supertails, and Mosaic Wellness are just a few of the consumer and technology startups that the company has supported.
Prior to this, in August 2024, Sauce VC announced the final close of its third fund at Rs 365 crore, or roughly $43.6 million. In 2019, Sauce VC established its first fund with a Rs 60 crore target corpus. With Rs 158 crore in funding, it introduced its second vehicle in 2021.
