TLDR:
– RPSG Capital Ventures closed its Fund II at ₹550 crore, 1.5x target size
– Investments in D2C start-ups in consumer ecosystem
An early-stage consumer venture capital fund, RPSG Capital Ventures, has successfully closed its Fund II at ₹550 crore, exceeding its target size by 1.5x. The fund focuses on investing in direct-to-consumer (D2C) start-ups within the consumer ecosystem, with a particular interest in F&B, beauty, health, wellness, entertainment, lifestyle goods, and consumer enabler categories. The investor base includes leading family offices, high net-worth individuals, and industry veterans from the consumer sector.
The firm has already invested in four D2C start-ups through this fund, including Supertails, Perfora, Rabitat, and Headway. With a total of 16 investments till date, including brands like The Souled Store, mCaffeine, Vedix, and True Elements, RPSG Capital Ventures aims to continue building a focused and limited portfolio with strong underwriting filters to generate returns for its investors.
Abhishek Goenka, the Managing Partner of RPSG Capital Ventures, expressed gratitude for the confidence shown by both existing and new investors and reiterated the firm’s commitment to investing in new-age consumer businesses with solid unit economics, differentiated positioning, and strong teams.
