Kairon Capital, a consumer-focused venture capital firm founded by Deepankur Malhotra, has completed the first close of its inaugural fund.
The fund is targeting a total corpus of Rs 150 crore, with an additional Rs 50 crore greenshoe option. Kairon Capital has raised over 60% of the target corpus in the first close.
The firm’s investor base includes consumer startup founders, family offices, and strategic corporate investors. Other backers include founders from companies such as Innovist, Plix, Livspace, and XYXX, along with Emami Limited.
Kairon…

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