RPSG Capital Ventures has announced the closing of its latest Fund II, exercising the green shoe option to accommodate higher investor interest, which exceeded 150 per cent of the target fund size.
The fund's investor base is predominantly domestic, including leading family offices, high-net-worth individuals, and industry veterans from the consumer sector. The RPSG group, serving as the anchor investor, has doubled its initial investment.
"We are deeply humbled by the confidence shown in us by our existing and new investors. We’re focused on generating returns for them and remain committed to our investment fundamentals of creating a focused and limited portfolio with strong underwriting filters," said Abhishek Goenka, Managing Partner of RPSG Capital Ventures.
To date, RPSG Capital Ventures has invested in 16 companies. Their portfolio includes brands such as The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements.
“We’ve built a team that has a deep understanding of the Indian consumer ecosystem, with strength in business build-up, GTM, and brand building. With this new Fund, we’ll continue to invest in new-age consumer businesses that have solid unit economics, differentiated positioning, and strong teams,” added Goenka.
RPSG Capital Ventures typically invests in Series A rounds, with initial cheques ranging from Rs 10 to Rs 40 crores. The fund focuses on the digitally native consumer ecosystem across F&B, beauty, health & wellness, entertainment, lifestyle goods, and consumer enabler categories. They maintain a significant portion of the fund's corpus for reinvestment as these brands scale.
With Fund II, RPSG Capital Ventures has already led investments into companies like pet care platform Supertails, oral care brand Perfora, and drinkware and foodware brands Rabitat and Headway.
