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.
