Fireside Ventures, an early-stage venture fund investing in digital-first consumer brands, said that it has closed its third fund at Rs 1,830 crore ( $225 million). This is double the size of its previous fund which had a corpus of Rs 863 crore, and the first fund had a corpus of Rs 350 crore.
Fireside Fund III is anchored by new and existing Indian and global investors which includes, Self-Reliant India Fund, Investment Corporation of Dubai, SBI, Premji Invest, Waterfield - Fund of Funds, ITC Limited, Emami Limited, Sharrp Ventures and several start-up founders.
“What is exciting is that we