First close · Consumer
DGV Fund I reaches INR125 crore first close for Indian consumer investments
Daksham Growth Ventures will invest INR5–20 crore per company through the consumer-focused fund.
DGV Fund I has reached a first close of INR125 crore, according to a November 5 announcement. Family offices, wealthy individuals and entrepreneurs backed the consumer-focused fund operated by Daksham Growth Ventures.
The fund has a base target of INR150 crore and an additional INR150 crore greenshoe option. It plans to invest INR5–20 crore in pre-Series A and Series A businesses across consumer brands, enabling services, supply chains and consumer-focused AI.
Use of funds
Invest in Indian consumer and consumer-enabling companies
Funding history
First close · This round₹1.3B