RPSG Capital Ventures, an early-stage consumer venture capital fund, has successfully closed its latest Fund II, amassing Rs 550 crore in capital.
The investor base for this fund primarily comprises domestic entities, including family offices, high net worth individuals, and industry veterans from the consumer sector. Notably, the RPSG group has doubled its initial investment as the anchor investor, joining other repeat investors from previous funds.
With a portfolio of 16 companies to date, RPSG Capital Ventures has invested in notable brands such as The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements.
Abhishek Goenka, a partner at RPSG Capital Ventures, expressed confidence in the fund’s ability to continue supporting new-age consumer businesses with solid unit economics, differentiated positioning, and strong teams.
The fund focuses on Series A rounds, offering first cheques ranging from Rs 10 to Rs 40 crore in the digitally native consumer ecosystem across various sectors, including F&B, beauty, health and wellness, entertainment, lifestyle goods, and consumer enabler categories.
