The investor base for this fund is largely domestic, including family offices, high-net-worth individuals, and industry veterans from the consumer sector. Along with repeat investors from its previous funds, the RPSG group itself has doubled its initial investment as the anchor investor.
RPSG Capital Ventures has invested in 16 companies to date, including well-known brands such as The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements, among others.
“With this new fund, we’ll continue to invest in new-age consumer businesses that have solid unit economics, differentiated positioning, and strong teams,” said Abhishek Goenka, partner at RPSG Capital Ventures.
The fund focuses on Series A rounds with initial cheques ranging from Rs 10 to Rs 40 crore in the digitally native consumer ecosystem. This includes sectors such as food and beverages (F&B), beauty, health and wellness, entertainment, lifestyle goods, and consumer enabler categories.