Govt. of India, ITC back Fireside Fund II
Bengaluru-based Fireside Ventures closes its second fund with a corpus of ₹863 crore; the venture capital firm plans to invest in 15-20 digital-first consumer brand startups.
Bengaluru-based Fireside Ventures closes its second fund with a corpus of ₹863 crore; the venture capital firm plans to invest in 15-20 digital-first consumer brand startups.
The food startup will utilise the money to launch a cloud kitchen model with over 100 kitchens by the end of this year.
While most early-stage investors seek out tech firms to put their money in, Fireside Ventures has built an ecosystem comprising capital, mentorship, and promising ideas around new-age consumer brands.
The Bengaluru-based company has deployed ₹204 crore across 18 investments so far.