Latest news with #ApoorvGautam
Economic Times
3 days ago
- Business
- Economic Times
Early-stage VC firm Atomic Capital closes first fund at Rs 400 crore
ETtech Mumbai-based early-stage venture capital fund Atomic Capital has announced the final close of its first fund at Rs 400 crore. The fund will focus on Indian consumer, consumer-tech, and consumer-enabler startups with a target portfolio capacity of 10 to 12 companies. It will invest in startups looking for pre-series A to series A funding rounds that have achieved a product-market fit. Pre-series A and series A funding happens after a startup proves a product-market fit for its offering and gains some traction in the seed stage. The average first cheque will be between Rs 10 crore and Rs 30 crore. Further, it will reserve a portion of the fund for follow-on investments in portfolio companies. Atomic Capital, which was founded by Apoorv Gautam in 2024, had announced the first close of its fund last year at Rs 155 crore. Since then, it has invested about Rs 50 crore across four companies: beauty and personal care startup Conscious Chemist, dairy and foods brand Doodhvale Farms, beverage label Rio Beverages and western apparel brand Anny. Gautam has over 18 years of experience in investing, consulting, and strategic leadership. In the past, he has been associated with Rivigo, McKinsey and Bain.'Our commitment goes beyond capital; we bring hands-on support, strategic know-how, and the conviction that building enduring brands can transform lives and unlock significant value,' said Gautam, founder and managing partner of the fund, in a statement. 'Our focus is on capital-efficient businesses addressing large and expanding markets.'Currently, Atomic Capital is evaluating over 20 startups for investment. 'We have already issued a term sheet for our fifth investment,' said Gautam. "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," he fund's investment decision will be based on rapport with the founding team, clear revenue momentum and capital efficiency, Gautam noted, adding, 'We are firm believers in sustainable, capital-efficient growth — it's the cornerstone of building enduring businesses.'Food and beverages, nutraceuticals, beauty and personal care, apparel and footwear, pet care, electronics, ecommerce, SaaS and more are some of the key areas in which the fund is looking to invest in the future. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As 50% US tariff looms, 6 key steps that can safeguard Indian economy As big fat Indian wedding slims to budget, Manyavar loses lustre Why are mid-cap stocks fizzling out? It's not just about Trump tariffs. The airport lounge war has begun — and DreamFolks is losing Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions Buy, Sell or Hold: Antique recommends buy on Siemens; Avendus upgrades SBI to Buy post June quarter results Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25% Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
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Business Standard
3 days ago
- Business
- Business Standard
Atomic Capital closes ₹400 cr first fund for early growth consumer startups
Atomic Capital, an early growth investment fund, on Tuesday announced the final close of its maiden fund with a corpus of Rs 400 crore. With its first fund, the venture capital firm plans to invest in early growth-stage homegrown consumer, consumer-tech, and consumer-enabler startups. Focus areas include food and beverages, nutraceuticals, personal care and beauty, jewellery, pet care, electronics accessories, and home furnishing. Investment strategy and portfolio plans With an average first cheque size of Rs 10–30 crore, the fund aims to build a portfolio of 10–12 companies, with a portion of the corpus reserved for follow-on investments, the firm said in a statement. It will evaluate startups that have achieved product–market fit and are seeking to raise from a pre-Series A to a Series A round. The fund reached its first close at Rs 155 crore in 2024. Over the past 12 months, Atomic Capital invested nearly Rs 50 crore across four startups — beauty and personal care company ConsciousChemist, dairy and foods firm Doodhvale Farms, beverage company Rio Beverages, and women's western apparel brand Anny. Capital deployment and pipeline In the next three years, the fund plans to deploy initial and follow-on capital, aligned with its eight-year timeline. 'We are currently evaluating over 20 companies and have already issued a term sheet for our fifth investment,' the company said. Apoorv Gautam, founder and managing partner of the firm, said the fund's commitment extends beyond capital to include hands-on support, strategic expertise, and the belief that building enduring brands can transform lives and unlock significant value. 'Our focus is on capital-efficient businesses addressing large and expanding markets. Additionally, our investment decisions are driven by a strong rapport with the founding team, clear revenue momentum, and disciplined capital efficiency. We are firm believers in sustainable, capital-efficient growth — it's the cornerstone of building enduring businesses,' Gautam said.
Time of India
3 days ago
- Business
- Time of India
Early-stage VC firm Atomic Capital closes first fund at Rs 400 crore
Academy Empower your mind, elevate your skills Mumbai-based early-stage venture capital fund Atomic Capital has announced the final close of its first fund at Rs 400 fund will focus on Indian consumer, consumer-tech, and consumer-enabler startups with a target portfolio capacity of 10 to 12 companies. It will invest in startups looking for pre-series A to series A funding rounds that have achieved a product-market fit . Pre-series A and series A funding happens after a startup proves a product-market fit for its offering and gains some traction in the seed average first cheque will be between Rs 10 crore and Rs 30 crore. Further, it will reserve a portion of the fund for follow-on investments in portfolio Capital, which was founded by Apoorv Gautam in 2024, had announced the first close of its fund last year at Rs 155 crore. Since then, it has invested about Rs 50 crore across four companies: beauty and personal care startup Conscious Chemist, dairy and foods brand Doodhvale Farms, beverage label Rio Beverages and western apparel brand has over 18 years of experience in investing, consulting, and strategic leadership. In the past, he has been associated with Rivigo, McKinsey and Bain.'Our commitment goes beyond capital; we bring hands-on support, strategic know-how, and the conviction that building enduring brands can transform lives and unlock significant value,' said Gautam, founder and managing partner of the fund, in a statement. 'Our focus is on capital-efficient businesses addressing large and expanding markets.'Currently, Atomic Capital is evaluating over 20 startups for investment. 'We have already issued a term sheet for our fifth investment,' said Gautam. "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," he fund's investment decision will be based on rapport with the founding team, clear revenue momentum and capital efficiency, Gautam noted, adding, 'We are firm believers in sustainable, capital-efficient growth — it's the cornerstone of building enduring businesses.'Food and beverages, nutraceuticals, beauty and personal care, apparel and footwear, pet care, electronics, ecommerce, SaaS and more are some of the key areas in which the fund is looking to invest in the future.
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Business Standard
3 days ago
- Business
- Business Standard
Atomic Capital closes ₹400 cr maiden fund, to invest in startups over 3 yrs
Venture Capital firm Atomic Capital on Tuesday announced the final closure of its ₹400 crore maiden fund, which it plans to invest in early-stage consumer startups over the next 2-3 years. With an average first cheque size of ₹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. "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. "This is one of the largest debut funds dedicated to fuelling India's next wave of consumer growth," the statement said. 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. The first close of the fund was reached at ₹155 crore in 2024. Atomic Capital has already invested a total of ₹50 crore in four companies. "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.
Deccan Herald
3 days ago
- Business
- Deccan Herald
Atomic Capital closes Rs 400 cr maiden fund, to invest in consumer startups over 3 years
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 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.."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.."This is one of the largest debut funds dedicated to fuelling India's next wave of consumer growth," the statement 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 first close of the fund was reached at Rs 155 crore in Capital has already invested a total of Rs 50 crore in four companies.."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.
