Daksham Growth Ventures raises Rs 125 Cr in first close of maiden consumer fund
Thursday, November 5, 2026 · first reported by Entrackr and 1 other
Daksham Growth Ventures, the growth investment arm of Daksham Capital, has raised Rs 125 crore in a first close of DGV Fund I, its first consumer fund. The Category II AIF, registered with SEBI in October 2026, targets Rs 150 crore, and a greenshoe option of Rs 150 crore would lift it to Rs 300 crore. Family offices, HNIs, UHNIs and entrepreneurs anchored the close.
Shivam Diwan leads the fund, which will write cheques of Rs 5 crore to Rs 20 crore in pre-Series A and Series A consumer companies across India, spanning D2C brands, consumer enablers, B2B2C and supply chain, and consumer AI.
- Fund
- DGV Fund I
- Size
- $15M
- Stage
- First close
- Asset class
- Venture
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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