Kairon Capital, a consumer-focused enterprise capital agency based by former Amazon government Deepankur Malhotra, has introduced the primary shut of its maiden fund, elevating over 60% of its focused corpus.
The fund is focusing on a complete measurement of Rs 150 crore, with a further Rs 50 crore greenshoe possibility. The primary shut drew commitments from a mixture of client startup founders, household places of work, and strategic company buyers.
Traders embrace founders from India’s client ecosystem equivalent to Rohit Chawla of Innovist, Rishubh Satiya of Plix, Saurabh Jain of Livspace, and Yogesh Kabra of XYXX, together with Emami Restricted and different backers.
“This can be a very intentional LP base,” Malhotra mentioned. “These are individuals who have constructed, scaled, or enabled client companies firsthand, together with household places of work and strategic company capital that deeply perceive manufacturers, distribution, and scale. Their participation displays alignment with how we wish to accomplice with founders.”
Kairon Capital plans to construct a concentrated portfolio of round 14–15 corporations. The fund will make investments from seed to early Sequence A phases, with cheque sizes starting from Rs 2 crore to Rs 14 crore, and can reserve capital for follow-on investments in portfolio corporations that reveal robust traction.
The agency is concentrated on early-stage client companies which have established product-market match however stay between preliminary experimentation and bigger institutional funding. Whereas category-agnostic inside the client area, Kairon Capital will prioritise manufacturers with differentiated merchandise, clear unit economics, and scalable working fashions.
“The phase we’re targeted on sits between early experimentation and scaled institutional capital,” Malhotra mentioned. “There are lots of client companies which have discovered what works however are nonetheless underserved in the case of considerate, founder-aligned capital on the proper stage.”
Malhotra brings expertise throughout funding banking, personal fairness, and enterprise capital, with prior investments in client corporations together with Innovist, FreshToHome, XYXX, and Nat Behavior. He has additionally labored on consumer-focused investments throughout his tenure at Amazon.
Kairon Capital has already begun deploying capital and is at present evaluating a number of client startups. The agency expects to announce its first investments from the fund within the coming months.