Fireside Ventures announces the final close of its Fund IV at ₹2,265 crore

Written By A.J. Sanderman

With Fund IV, Fireside’s total assets under management now stand at ₹5,300 crore ($650 million), consolidating its position as one of India’s largest consumer brand-focused venture platforms.

Consumer-focused venture capital firm Fireside Ventures has closed its fourth fund at ₹2,265 crore ($253 million), with 50 per cent of commitments coming from global limited partners.

These partners included US university endowments and sovereign wealth funds such as Abu Dhabi Investment Authority (ADIA) and Investment Corporation of Dubai (ICD).

Domestic institutions including HarbourVest, Waterfield Advisors, Fidelity International, Sharrp Ventures, Mirabilis, Emami Limited and several startup founders have also participated. 

Read the Full Announcement
A.J. Sanderman
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