Kairon Capital completes first close of maiden consumer fund

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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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Kairon Capital completes first close of maiden consumer fund


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…



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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