The fund will focus on investing in follow-on rounds of breakout companies from its seed portfolio, using high-signal data to make strategic, informed investments.
The Series A funding round was led by India Quotient, with participation from JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns.
The Fund will invest exclusively in follow-on rounds of breakout companies from its seed portfolio, utilising high-signal data to make informed investment decisions.
The Mumbai-based brand aims to deploy the raised capital towards capacity building and innovation, strengthening offline sales infrastructure, and enhancing brand awareness.