Sauce VC logs final close of Rs 750-crore opportunities fund

Sauce VC, a venture capital firm focused on backing consumer brands, has closed a Rs 700-750 crore fund that it will use to back some of its high-growth portfolio companies, founder and managing partner Manu Chandra told ET.

The new fund will support four to five startups from Sauce’s early-stage portfolio, allowing it to double down on some of its high-conviction bets such as ice-cream brand Hocco, clean-label snack maker The Whole Truth, new-age luggage brand Mokobara, skincare startup Innovist, apparel brand XYXX and petcare startup Supertails.