<p>New Delhi, Venture Capital firm Atomic Capital on Tuesday announced the final closure of its Rs 400 crore maiden fund, which it plans to invest in early-stage consumer startups over the next 2-3 years.</p>.<p>With an average first cheque size of Rs 10 to 30 crore, the fund aims to build a curated portfolio of 10-12 companies, with a portion of the corpus reserved for follow-on investments, a company statement said.</p>.<p>"Early growth investment fund Atomic Capital has announced the final close of its maiden fund with a corpus of over Rs 400 crore, focused on early growth-stage Indian consumer, consumer-tech, and consumer-enabler startups.</p>.<p>"This is one of the largest debut funds dedicated to fuelling India's next wave of consumer growth," the statement said.</p>.<p>The fund would be investing in early growth stage Indian consumer, consumer-tech, and consumer-enabler startups in sectors spanning food and beverages, nutraceuticals, personal care and beauty, jewellery, apparel and footwear, pet care, travel and accessories, electronics accessories, home furnishing, logistics, financial services, e-Commerce SaaS, omnichannel infrastructure and manufacturing.</p>.<p>The first close of the fund was reached at Rs 155 crore in 2024.</p>.<p>Atomic Capital has already invested a total of Rs 50 crore in four companies.</p>.<p>"Our focus is on capital-efficient businesses addressing large and expanding markets. Over the next 2-3 years, we plan to deploy both initial and follow-on capital, aligned with our overall fund timeline of eight years. We are currently evaluating over 20 companies and have already issued a term sheet for our fifth investment," Atomic Capital, founder and managing partner, Apoorv Gautam said. </p>
<p>New Delhi, Venture Capital firm Atomic Capital on Tuesday announced the final closure of its Rs 400 crore maiden fund, which it plans to invest in early-stage consumer startups over the next 2-3 years.</p>.<p>With an average first cheque size of Rs 10 to 30 crore, the fund aims to build a curated portfolio of 10-12 companies, with a portion of the corpus reserved for follow-on investments, a company statement said.</p>.<p>"Early growth investment fund Atomic Capital has announced the final close of its maiden fund with a corpus of over Rs 400 crore, focused on early growth-stage Indian consumer, consumer-tech, and consumer-enabler startups.</p>.<p>"This is one of the largest debut funds dedicated to fuelling India's next wave of consumer growth," the statement said.</p>.<p>The fund would be investing in early growth stage Indian consumer, consumer-tech, and consumer-enabler startups in sectors spanning food and beverages, nutraceuticals, personal care and beauty, jewellery, apparel and footwear, pet care, travel and accessories, electronics accessories, home furnishing, logistics, financial services, e-Commerce SaaS, omnichannel infrastructure and manufacturing.</p>.<p>The first close of the fund was reached at Rs 155 crore in 2024.</p>.<p>Atomic Capital has already invested a total of Rs 50 crore in four companies.</p>.<p>"Our focus is on capital-efficient businesses addressing large and expanding markets. Over the next 2-3 years, we plan to deploy both initial and follow-on capital, aligned with our overall fund timeline of eight years. We are currently evaluating over 20 companies and have already issued a term sheet for our fifth investment," Atomic Capital, founder and managing partner, Apoorv Gautam said. </p>