Daksham Growth Ventures raises Rs 125 cr in first close of maiden consumer fund
Daksham Growth Ventures has completed the first close of its consumer-focused fund, raising approximately Rs 125 crore. The fund is registered as a Category II Alternative Investment Fund and targets a total corpus of Rs 150 crore. It aims to invest between Rs 5-20 crore in early-growth businesses i…
New Delhi: Daksham Growth Ventures, the growth investment arm of Daksham Capital, on Friday said it has raised around Rs 125 crore in the first close of its maiden consumer-focused fund. The fund, registered as a Category II Alternative Investment Fund (AIF) with Sebi in October 2026, has a target corpus of Rs 150 crore, along with a greenshoe option of another Rs 150 crore, taking its potential size to Rs 300 crore. The fund has secured participation from family offices, high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs) and entrepreneurs, the company said in a statement.
Read more: Gold loan NPA rises in first five months while eases over a three-year horizonThe fund will invest Rs 5-20 crore in early-growth businesses across direct-to-consumer (D2C) brands, consumer enablers, B2B2C and supply chain businesses, and consumer-focused artificial intelligence (AI). It will primarily target Pre-Series A and Series A companies with annual recurring revenue (ARR) of Rs 25-75 crore and the potential to scale their revenues to Rs 300-500 crore.
The fund will also support portfolio companies in areas such as governance, financial reporting, brand positioning, leadership development and distribution expansion. Read more: Middle class spending boom in India comes with growing debt billDaksham Capital is a research-led wealth and asset management group catering to HNI and UHNI families, business houses and corporate promoters.
Source: ET Banking & Finance
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