VC firm Kairon Capital debuts with Rs 200 crore fund

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Deepankur Malhotra, a former executive at Amazon India, where he focused on investing in consumer brands, has launched a consumer-focused venture capital firm, Kairon Capital, with a target corpus of Rs 200 crore, including a Rs 50-crore greenshoe option.

The firm marked its first close at Rs 90 crore, raising capital from the likes of listed fast-moving consumer goods company Emami and a clutch of direct-to-consumer brand founders such as Saurabh Jain of Livspace, Rohit Chawla of Innovist and Yogesh Kabra of XYXX, he told ET.

“This is a very…



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VC firm Kairon Capital debuts with Rs 200 crore fund



Deepankur Malhotra, a former executive at Amazon India, where he focused on investing in consumer brands, has launched a consumer-focused venture capital firm, Kairon Capital, with a target corpus of Rs 200 crore, including a Rs 50-crore greenshoe option.

The firm marked its first close at Rs 90 crore, raising capital from the likes of listed fast-moving consumer goods company Emami and a clutch of direct-to-consumer brand founders such as Saurabh Jain of Livspace, Rohit Chawla of Innovist and Yogesh Kabra of XYXX, he told ET.

“This is a very…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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