Daksham Capital closes first Rs 125 crore tranche of Rs 300 crore fund
In short
Daksham Capital raised Rs 125 crore in the first close of its Rs 300 crore fund.
The fund will back startups at the pre-Series A and Series A stages with cheques of Rs 5 crore to Rs 20 crore. It plans to invest in D2C brands, consumer enablers, B2B2C businesses, supply chains and consumer AI.
What the reporting says
Daksham Capital raised Rs 125 crore in the first close of its Rs 300 crore fund. The fund plans to invest in startups at the pre-Series A and Series A stages, with cheque sizes of Rs 5 crore to Rs 20 crore. It will focus on D2C brands, consumer enablers, B2B2C businesses, supply chains and consumer AI.
Why it matters
Daksham Capital announced the first close of its Rs 300 crore fund at Rs 125 crore. The fund is aimed at early-stage startups, especially pre-Series A and Series A companies, and will write cheques between Rs 5 crore and Rs 20 crore. Its stated focus includes D2C brands, consumer enablers, B2B2C businesses, supply chains and consumer AI, indicating active startup funding in those areas.