Venture Capital firm Atomic Capital on Tuesday announced the final closure of its Rs 400 crore maiden fund, which it plans to invest in early-stage consumer startups over the next 2-3 years.
With an average first cheque size of Rs 10 to 30 crore, the fund aims to build a curated portfolio of 10-12 companies, with a portion of the corpus reserved for follow-on investments, a company statement said.
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