Sauce VC Launches Its Third Fund With a Size of Rs 250 Crore

Sauce VC, a New Delhi-based investment firm that has already funded new-age luggage brand Mokobara, healthy food startup

This comes as D2C companies experience increased interest from risk capital investors.

The New Delhi-based investment firm gained approval from the Securities and Exchange Board of India (Sebi) for the new fund a few weeks ago.

Sauce VC’s new fund comes at a time when risk capital investors, especially tech-focused organizations, are showing an increasing interest in the direct-to-consumer (D2C) industry, as ET has reported.

The fund will primarily raise funds from domestic limited partners, or sponsors of venture enterprises.

Sauce VC is also trying to raise capital from its existing investors, who include family offices and consumer-focused corporations.