Consumer-focussed venture capital (VC) firm Kairon Capital has announced the first close of its inaugural fund at INR 90 Cr. The target corpus of the fund is INR 150 Cr, apart from a greenshoe option of INR 50 Cr. Investors like Innovist’s Rohit Chawla, Plix cofounder Rishubh Satiya, Livspace’s Saurabh Jain and XYXX Apparels founder Yogesh Kabra, along with a host of institutional investors and family offices participated in the fundraise. After being founded in 2025 by former Rukam Capital principal Deepankur Malhotra, the firm got SEBI’s regulatory clearance in November to launch and raise capital for its investment fund. Malhotra said that reviewing hundreds of consumer businesses during his erstwhile experience influenced his decision to start his own fund, where he could leverage the connections he had made in the consumer ecosystem. Kairon Capital aims to make 14-15 investments in the next four years, averaging at 3-4 investments per year. The venture fund will make 4-5 investments in 2026, with cheque sizes ranging from INR 2 Cr to INR 14 Cr. Its investment strategy is focussed on consumer-centered startups that are in the early stages of their journey, especially those that are yet to raise funds either by choice… Read MoreInc42 Media
