🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

JIIF investors invest in Rs 350 Cr consumer-focused fund by Atomic Capital

EntrackrEntrackr · 1m ago
JIIF investors invest in Rs 350 Cr consumer-focused fund by Atomic Capital
Medial

Investors from the early-stage angel network JIIF have invested in a Rs 350 crore fund by Atomic Capital, a newly launched consumer-focused venture capital firm. JIIF-affiliated angel investors alone contributed Rs 26.5 crore to the fund. According to JIIF, this is the largest collective bet by JIIF’s investors in the consumer VC space, underscoring rising conviction in India’s next wave of consumption, driven by digital-first brands, regional demand, and wellness-oriented products. Commenting on the investment, Jeenendra Bhandari, Chairman of JIIF, said, “It is a proud moment to see JIIF members backing Atomic Capital’s first fund. Their investment aligns with our broader thesis of supporting category-defining, purpose-led startups. India’s consumer opportunity is massive, and Atomic’s operating model is well positioned to unlock enduring brand value.” Atomic Capital operates with an “Operating VC” approach, offering not just capital but also hands-on support in brand building, growth marketing, supply chain optimization, and leadership hiring. In FY25, JIIF’s investor base deployed over Rs 60 crore across more than 20 startups spanning fintech, healthtech, AI, logistics, and consumer. The network now supports a portfolio of over 150 companies. Mumbai-based Atomic Capital, an early-stage VC firm founded in 2024 by Apoorv Gautam, combines strategic depth with on-ground execution.

1

Related News

Colossa WomenFirst Fund raises Rs 100 Cr in first close

EntrackrEntrackr · 1y ago
Colossa WomenFirst Fund raises Rs 100 Cr in first close
Medial

Colossa Ventures, a SEBI-registered independent venture capital management company, has announced the first close of its maiden fund – Colossa WomenFirst Fund at Rs 100 crore. The fund with a target corpus of Rs 500 crore will primarily focus on investing in the pre-Series A stage and beyond. Based on research Colossa aims to create a niche in healthcare & healthtech, fintech, climate & cleantech, deeptech and the consumer sectors. The fund’s strategy is to leverage gender-diversity to generate alpha, and has attracted institutions such as SIDBI and family offices like Dr. Ranjan Pai’s Family Office, and the Shriram Ownership Trust, among others to invest in the first close. Co-founded in 2022 by Ashu Suyansh and Vandana Rajadhyaksha, Colossa WomenFirst Fund is a sector-agnostic venture growth fund, that seeks to revolutionize the startup landscape by focusing exclusively on women-founded or co-founded, or where women are the main beneficiaries. A bunch of women-focused funds are currently active in India. For context, Kalaari Capital runs CXXO initiative for female founders. Gender-focused investment platform Achieving Women Equity (AWE) Funds also launched its maiden India fund amounting to Rs 350 crore. Search giant Google runs a program called Google for Startups Women Founders Fund and provides $100,000 in equity-free cash to female-founded startups. Saha Fund, She Capital, and StrongHer Ventures also focus on women founder-led startups.

RPSG Capital Ventures closes Fund II at Rs 550 Cr

EntrackrEntrackr · 1y ago
RPSG Capital Ventures closes Fund II at Rs 550 Cr
Medial

Early-stage consumer venture capital fund RPSG Capital Ventures has announced the close of its latest Fund II with Rs 550 crore. The investor base for this fund is largely domestic including family offices, high net worth individuals and industry veterans from the consumer sector. Along with other repeat investors from its previous funds, RPSG group itself has doubled their initial investment as the anchor investor. RPSG Capital Ventures has invested into 16 companies till date that includes brands such as The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements amongst others. “With this new Fund, we’ll continue to invest into new age consumer businesses that have solid unit economics, differentiated positioning, and strong teams.” said Abhishek Goenka, partner at RPSG Capital Ventures. The fund invests in Series A rounds with first cheques of Rs 10 to Rs 40 crore in the digitally native consumer ecosystem across F&B, beauty, health and wellness, entertainment, lifestyle goods and consumer enabler categories.

247VC launches Rs 200 Cr fund

EntrackrEntrackr · 1m ago
247VC launches Rs 200 Cr fund
Medial

Venture capital firm 247VC has rolled out its first investment fund focused on early-stage startups in India. The fund has a base size of Rs 200 crore, with the option to raise an additional Rs 50 crore. It is registered under SEBI’s Category II AIF rules. 247VC is led by Yagnesh Sanghrajka and Shashank Randev, both experienced startup investors who earlier co-founded 100X.VC. They left that firm in late 2024. 247VC plans to support around 30 companies over the next three years. The typical investment amount will be about Rs 7 crore per startup, starting from Rs 3-4 crore and increasing over time based on performance. The fund will target consumer-facing businesses, enterprise software, advanced manufacturing, and deep technology. Some of the fund’s early backers include JSW Ventures’ Sachin Tagra, former Elevation Capital partner Vivek Mathur, and AI expert Shailendra Majmundar from Johns Hopkins University. The team aims to complete the first close of the fund within four months. Sanghrajka said that while funding at the early stage is facing headwinds, larger investors entering seed rounds has opened doors for partnerships. The firm hopes to co-invest with bigger funds as part of its strategy. In the past, the founding team has backed startups like Knight Fintech, abCoffee, EMO Energy, and Zeron.

Ex-IFC executive Sayan Ghosh launches Rs 300 Cr OG Capital fund

EntrackrEntrackr · 8m ago
Ex-IFC executive Sayan Ghosh launches Rs 300 Cr OG Capital fund
Medial

Ortella Global Capital (OG Capital) has announced the launch of its Rs 300 crore ($36 million) venture capital fund. The firm positions itself as India’s first and only VC fund dedicated to co-building companies in partnership with founders. OG Capital adopts a co-building model, offering funding and hands-on support to help startups grow and scale into potential unicorns. The fund plans to invest in over 20 companies, up to Rs 15 crore ($2 million) each, and has already backed three promising startups. It aims to deliver a 50% CAGR, targeting 10X returns for its investors. According to the VC firm, it will target early and growth-stage startups across consumer and enterprise solutions. “We are not only targeting 10x returns for our investors but are also co-building companies that prioritize grassroots-level impact, sustainability, and gender diversity,” said Sayan Ghosh, managing partner of OG Capital. Ghosh brings over a decade of experience as an entrepreneur, investment banker, and investor. During his more than three-years tenure at the World Bank, he was instrumental in driving investments and exits for companies like Lenskart, upGrad, 1mg, and BigBasket. According to a press release, Ghosh has a track record of delivering exits worth more than Rs 1,500 crore ($200 million) at a 40% CAGR. In addition, as a limited partner, he has deployed Rs 2,500 crore ($300 million) after evaluating over 350 funds, including venture capital, growth equity, private equity, and venture debt funds across India.

Filter Capital makes final close of Fund I Rs 800 Cr

EntrackrEntrackr · 1y ago
Filter Capital makes final close of Fund I Rs 800 Cr
Medial

Filter Capital, a technology-focused investment firm, has made the final close of its first fund at Rs 800 crore (approximately $96 million). The Mumbai-based fund received around 60% of the capital commitments from domestic limited partners (LPs), with the rest coming from international investors. According to an ET report, the LPs in the round included institutional investors and family offices such as HDFC Fund of Funds, Small Industries Development Bank of India, DSP family office, Amansa Capital founder Akash Prakash and Dream Sports cofounder Harsh Jain. Launched by Nithin Nayar and Sumit Sinha in 2018, Filter Capital will invest in Series B and C rounds in the range of $15-20 million. Filter Capital India Fund I has so far invested about Rs 225 crore from its corpus in four entities — enterprise loyalty software provider Capillary Technologies, bus mobility platform Chalo Mobility, e-commerce logistics services firm LoadShare Networks and healthcare enterprise software company THB. Recently, its portfolio firm Capillary Technologies extended its Series D round to $140 million, raising $95 million in secondary transactions to provide exits to existing investors and employees.

Gemba Capital launches Rs 250 Cr Fund-II

EntrackrEntrackr · 11m ago
Gemba Capital launches Rs 250 Cr Fund-II
Medial

Gemba Capital, a Sebi-registered micro VC firm, has announced the launch of its second fund with a corpus of Rs 250 crore (around $30 million), including a green shoe option of Rs 50 crore ($6 million). As per Gemba, Fund-II will invest in around 30 early-stage ‘Platform-first’ businesses across fintech, consumer tech and B2B platforms with first cheque of Rs 5 crores and 30% reserve ratio for making follow-on investments. Founded in 2018, Gemba Capital invests at seed and pre-seed stage in scalable tech startups. It has backed over 120 founders across 50 startups in fintech, consumer tech and B2B platforms since its inception. Some of the notable portfolio companies arePlum (Insurtech), Grip Invest, Wint Wealth, Strata, Navadhan, Zuper, Showroom, Smartstaff, ClickPost and LightFury.

Centre Court Capital announces maiden fund for sports and gaming startups

EntrackrEntrackr · 1y ago
Centre Court Capital announces maiden fund for sports and gaming startups
Medial

Centre Court Capital has announced the launch of Rs 350 crore (approximately $42 million) worth maiden fund for sports and gaming startups. Founded by Mustafa Ghouse, Alok Samtaney, the fund will back founders bringing innovative tech and pushing the boundaries of the sports and gaming ecosystem. Centre Court Capital is SEBI-registered Category II AIF, and is soon launching an offshore feeder fund in GIFT City, to raise capital from international investors. The fund has already completed its first two investments in the sports tech space. As per the fund, it will look to focus on early stage opportunities, earmarking Rs 8 to 24 crore, while reserving 40-50% of the fund for follow-on investments. The sector-focused VC fund has already raised Rs 200 crore in commitments from investors and athletes. Other notable figures from the world of sport and media have also joined.

Download the medial app to read full posts, comements and news.