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Kettleborough VC launches fund II with Rs 80 Cr target, closes Rs 35 Cr in first tranche

EntrackrEntrackr · 2m ago
Kettleborough VC launches fund II with Rs 80 Cr target, closes Rs 35 Cr in first tranche
Medial

Venture capital firm Kettleborough VC, founded by early-stage investor Nisarg Shah, has launched its second fund with a target corpus of Rs 80 crore and announced a first close at Rs 35 crore. The fund is backed by a mix of family offices and entrepreneurs from India and the US. According to Kettleborough, Fund II will continue to invest in deeply experienced founders at the earliest stages, typically those with over 10 years of domain expertise and a strong execution focus. The firm will write initial cheques of $300,000–$500,000 in about 10 startups, with significant follow-on reserves for high-performing bets. Founded in 2021, Kettleborough VC has built a name as a conviction-led, construct-specific fund. Its Fund I backed 12 startups including Zippmat, InPrime, Finhaat, and Elivaas, nine of which received their first institutional cheque from Kettleborough. These portfolio companies have since raised follow-on rounds from investors like Omnivore, Lightspeed, 3one4, and Bessemer. “We only back founders for whom the startup is a natural outcome of a decade-long journey in their domain. Fund I has validated this thesis with strong portfolio traction and early PMF. Fund II doubles down on this conviction,” said Shah. Kettleborough added that it focuses on “Dhandha-first” businesses, with interest across financial services, commerce infrastructure, and vertical SaaS/AI platforms. Shah has personally backed over 30 startups, with 10 exits and 80 follow-on rounds, including hits like Foxtale, Onebanc, and Homeville.

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC

EntrackrEntrackr · 13d ago
Supply6 raises $1.1 Mn in seed round led by Zeropearl VC
Medial

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC Supply6, a direct-to-consumer nutrition brand focused on filling daily nutrient gaps, has raised $1.1 million (Rs 9.1 crore) in a seed round led by Zeropearl VC, with participation from entrepreneurs including Kunal Shah, Ashutosh Valani, Priyank Shah (Co-founders, Renee Cosmetics), and Yogesh Kabra (Founder, XYXX). The fresh funds will be used to expand the product pipeline, conduct clinical studies, launch new formats, and scale selectively in GCC and English-speaking markets. Supply6 also plans to strengthen leadership roles across growth, strategy, and product. Founded in 2020 by Vaibhav Bhandari and Rahul Jacob, Supply6 develops science-backed products built on the six fundamentals of balanced nutrition—protein, carbs, fats, fibre, vitamins, and minerals. Its flagship Supply6 360 sachet combines over 63 nutrients, probiotics, and plant-based superfoods to address hidden deficiencies common in Indian diets. The company recently launched Supply6 Salts, a zero-sugar hydration mix. Supply6 sells its nutrition solutions directly to consumers through its website, leading marketplaces like Amazon and Flipkart, and quick-commerce platforms such as Blinkit, Zepto, and Instamart. With over 2 lakh customers and ex-cricketer AB de Villiers as brand ambassador, the firm is building a strong repeat-purchase base (45%) while expanding reach into preventive health markets abroad. The startup has previously raised Rs 10 crore in funding and received a Rs 25 lakh grant from the Karnataka government.

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