Sauce VC completes final close of its second consumer fund
The fund exceeded its initial INR120 crore target; later fundraising updates put its corpus at INR158 crore.
Sauce Consumer Venture Capital II completed its final close above an initial INR120 crore target, according to an April 7, 2022 announcement. Later fundraising updates from the firm put the second fund’s corpus at INR158 crore.
The India-focused vehicle backs early consumer businesses. Its investment approach centres on young brands in food, personal care, apparel and lifestyle categories.
The fund is managed by Cornucopia Consumer Venture Advisory LLP under the Sauce VC brand and operates as a scheme of Sauce Capital Trust II.
Use of funds
Invest in early consumer brands