Fund final close · Consumer
Sauce Continuity Fund I reaches INR263 crore final close
The fund provides follow-on capital to selected consumer brands from Sauce VC’s earlier portfolios.
Sauce Continuity Fund I closed at INR263 crore, exceeding its INR250 crore target, founder Manu Chandra said on March 5, 2024. The investor base was almost entirely domestic.
The vehicle invests fresh capital in Series A through Series C rounds of selected businesses from Sauce VC’s earlier funds. It planned a concentrated portfolio of seven to eight companies.
Its investments already included XYXX, The Whole Truth Foods, Mokobara, Innovist and Supertails. The strategy gives established consumer portfolio companies access to additional funding as they expand.
Use of funds
Follow-on investments in selected consumer portfolio companies
Funding history
Fund final close · This round₹2.6B