Kairon Capital Completes First Close of Maiden Consumer Fund with…

Team S · 2026-01-17T14:58:03.000Z

Kairon Capital, a new consumer-focused venture capital firm founded by Deepankur Malhotra, has successfully completed the first close of its inaugural consumer fund, raising over 60 % of its target corpus. The fund is targeting a total corpus of ₹150 crore, with an additional ₹50 crore greenshoe option designed to accommodate excess demand from its investor base. The first close pulled commitments from a mix of consumer startup founders, family offices, and strategic corporate investors. Notable backers include founders and leaders from companies such as Innovist, Plix, Livspace, and XYXX, as well as Emami Limited. The firm aims to build a concentrated portfolio of approximately 14-15 early-stage consumer companies, with cheque sizes ranging from ₹2 crore to ₹14 crore and reserves set aside for follow-on rounds. Kairon Capital will focus on early-stage consumer brands that have demonstrated product-market fit, prioritising those with differentiated products and clear unit economics. Founder Deepankur Malhotra brings experience from investment banking, private equity, and venture capital, including previous roles at Amazon India and past investments in consumer firms like Innovist and FreshToHome. The firm has already begun deploying capital and expects to announce its initial investments in the coming months. #VentureCapital, #ConsumerFund, #FirstClose, #StartupFunding, #EarlyStageInvesting, #IndiaVC, #InvestorNews, #ConsumerBrands, #CapitalRaise

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Kairon Capital Completes First Close of Maiden Consumer Fund with… | Newnex