India: Fireside Ventures closes first fund at $52m

Fireside Ventures founder Kanwaljit Singh
Fireside Ventures founder Kanwaljit Singh

Fireside Ventures, an early-stage venture capital fund focused on consumer brands, on Tuesday announced that it has closed its first fund with a corpus of Rs340 crore. The venture capital (VC) fund plans to invest in 20-25 consumer brand businesses from this fund over the next two to three years.

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