Sauce VC closes Rs 750 Cr Opportunities Fund

Consumer-focused early-stage venture capital firm Sauce VC has announced the final close of its Rs 750 crore Opportunities Fund. 

As per an ET report, the fund will invest in early- and growth-stage startups across sectors such as consumer, B2B SaaS, fintech, and other technology-led businesses. It will primarily back companies from its existing portfolio while also evaluating select new investments.

The Opportunities Fund is structured to double down on high-performing portfolio companies as they scale beyond early-stage rounds. Sauce VC typically invests in seed and pre-Series A stages and uses such vehicles to participate in follow-on rounds. Sauce VC has previously backed startups across consumer brands and technology platforms.

With the closure of this fund, the firm plans to increase its ownership in breakout portfolio companies and support them through subsequent growth phases. The firm has backed consumer and technology startups such as The Whole Truth, Plum, Rage Coffee, Mokobara, Innovist, Supertails, and Mosaic Wellness, among others.

Prior to this, Sauce VC had marked the final close of its third fund at Rs 365 crore (around $43.6 million) in August 2024. Sauce VC launched its first fund in 2019 with a target corpus of Rs 60 crore. It launched its second vehicle in 2021 with a fund size of Rs 158 crore.