Daksham Growth Ventures Secures Rs 125 Crore First Close for Maiden Consumer Fund
Daksham Growth Ventures has raised about Rs 125 crore in the first close of its maiden consumer-focused fund, marking an early step toward building a Rs 150 crore vehicle. Registered as a Category II Alternative Investment Fund, the fund will back early-growth businesses across direct-to-consumer and B2B2C models with cheque sizes of Rs 5 crore to Rs 20 crore. The fund is positioning itself as more than a capital provider, promising support on governance, brand building and distribution expansion as consumer companies navigate a more selective funding environment.
