Get All Access for $5/mo

RPSG Capital Ventures Reaches INR 550 Cr with Second Fund Final Close The Gurugram-based platform has already made investments through Fund II in the following businesses: food and drink brands Rabitat and Headway; oral care brand Perfora; and pet care platform Supertails.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Abhishek Goenka, Managing Partner, RPSG Capital Ventures

Early-stage consumer venture capital fund RPSG Capital Ventures has announced the closing of its latest Fund II with INR 550 crore.

The investor base for this fund is largely domestic including leading family offices, high-net-worth individuals, and industry veterans from the consumer sector. Along with other repeat investors from its previous funds, RPSG Group itself has doubled its initial investment as the anchor investor.

As per the official release, Fund II will make investments in Series A rounds, putting INR 10 crore to INR 40 crore in initial checks. It seeks to support direct-to-consumer (D2C) firms in the F&B, entertainment, lifestyle goods, cosmetics, health and wellness, and consumer enabler categories.

Abhishek Goenka, Managing Partner, RPSG Capital Ventures, said, "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."

According to RPSG Capital Ventures, it has invested in 16 businesses so far, including The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements, among others.

"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 Abhishek Goenka, Partner at RPSG Capital Ventures.

The platform has already made investments through Fund II in the following businesses: food and drink brands Rabitat and Headway; oral care brand Perfora; and pet care platform Supertails.

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Leadership

I've Spent 37 Years in Business — Here's How I Beat the Odds and Stayed Ahead

For over thirty years, I have led a successful media production and communication consulting company. Only 25% of new businesses survive for 15 years or more, so I have beat the odds. But having staying power is not a matter of luck.

Business News

'I'm Not Trying to Land on Mars': Mark Cuban Takes Dig at Elon Musk to Explain Why His Online Pharmacy Isn't Trying to Make More Money

Mark Cuban Cost Plus Drug Co. is an online pharmacy co-founded by Cuban and radiologist Alex Oshmyansky.

News and Trends

Talent, Digital Infra, Policy, and Startups Driving India's GCC Ecosystem

By leveraging its demographic dividend and evolving policies, India is uniquely positioned to become the preferred choice for global enterprises seeking scalability, resilience, and a future-ready operational base.

Entrepreneurs

This Entrepreneur is Carrying the Torch Toward a Brighter Future for the Real Estate Industry

Craig Sewing founded American Dream TV ten years ago and he seeks to empower the current and future players in real estate by providing a network that celebrates authenticity and community-driven storytelling.

Growth Strategies

Indian Graduates' Employability Rate Reaches 54.81 per cent: Report

By addressing regional disparities, fostering gender diversity, and equipping graduates with both technical and soft skills, stakeholders can harness the full potential of the nation's workforce.