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Optimistic Capital launches Rs 200 Cr fund for microbreweries

EntrackrEntrackr · 9m ago
Optimistic Capital launches Rs 200 Cr fund for microbreweries
Medial

Investment firm Optimistic Capital has launched a microbreweries-focused fund worth Rs 200 crore. The fund is an opportunity for investors to tap into the burgeoning microbrewery sector in India, focusing on key markets including Bengaluru, Hyderabad, and Pune. The fund is devised to capitalize on the profitability of microbreweries and the growth of the craft beer market, Optimistic Capital said in a press release. The fund is backed by Karthik Chandrasekaran, Jeff Jose, Varun Krishnan, and Edwin Daniel. Optimistic Capital is an alternative investment fund that uses an owner-operator approach. It invests capital while actively participating in the management and growth of its portfolio companies. The firm aims for long-term value creation, focusing on building sustainable, market-leading brands. Optimistic Capital says that microbreweries are unique from restaurants, bars, pubs, and lounges in offering an inclusive environment that appeals to all generations of people, irrespective of their age or socio-economic background. The expansive space requirements for beer production, along with the flexibility to modify cuisine and craft beers periodically to suit guests’ changing preferences, ensures the longevity of the microbrewery model versus other traditional F&B formats. According to market research, the number of microbreweries in India is expected to exceed 1,000 by 2030, marking a threefold increase from 2024. Bengaluru alone has over 80 microbreweries. Proost Beer, Maka Di, Arbor Brewing Company, Kati Patang, Witlinger, Bira 91, and Simba are some of the notable brewing companies in India.

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

EntrackrEntrackr · 7m 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.

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