DSG Consumer Partners has backed businesses like Sula wines and OYO Rooms. After raising $50 million in the second fund, the consumer-focused venture capital firm focused is raising a $20-million annex fund to invest in firms that performed well in fund one. Managing partner Deepak Shahdadpuri shares the fund's philosophy and its performance that's helping it raise money.
Can you tell us more about DSGCP Tyeb? You just closed your second fund at $50 million. Why another fund so soon?
Let me share a timeline with you. We launched DSG Consumer Partners (DSGCP-I) in December 2012, raised $12.5 million and