Shopper-focused enterprise capital agency Sauce VC has marked the ultimate shut of its Rs 700–750 crore Alternatives Fund.

Based on the Managing Companion Manu Chandra, the brand new automobile will permit the agency to write down cheques of as much as Rs 250 crore in choose firms from its early-stage portfolio.

The fund will primarily again 4 to 5 startups.

The Alternatives Fund is structured to put money into early- and growth-stage startups throughout shopper, B2B SaaS, fintech and different technology-led sectors. Nevertheless, it is going to largely deal with follow-on investments in Sauce’s present portfolio, growing possession in breakout firms as they transfer past seed and pre-Collection A rounds.

That is Sauce’s second alternatives automobile, following a Rs 260 crore fund launched in 2024, and its fifth funding automobile total. The New Delhi-based agency launched its first fund in 2019 with a corpus of Rs 60 crore, adopted by a Rs 158 crore automobile in 2021. It closed its third fund in August 2024 at Rs 365 crore, exceeding its Rs 250 crore goal.

For the primary time, the agency has raised capital from massive world establishments outdoors India. The worldwide capital has come from the US, Europe, the Center East, Singapore and Hong Kong, spanning massive establishments and household workplaces.

The agency is now getting ready to launch its fourth early-stage fund by June-July, with a goal corpus within the Rs 350-450 crore vary.

Sauce plans to proceed specializing in niches inside massive shopper classes akin to residence care, wellness, home equipment, snacking and jewelry, which Chandra described as classes with adequate depth to help disruption by new-age manufacturers.