What cheque size does Sauce.vc write?

As compiled from public sources: INR 3.5-5 Cr first cheque (Fund III); grew from ~INR 1-2.5 Cr in earlier funds

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VC fund (Cat II) · Curated list

Sauce.vc

Pre-seed / Idea · Food & FMCG (D2C) · New Delhi

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Contact on file — shared on accepted request

At a glance

Stage focus: Pre-seed / Idea
Primary sector: Food & FMCG (D2C)
City: New Delhi
HQ / office: Corporate Office: Workwell Suites, Level 10, Max House, Tower A, Okhla Phase III, Okhla Industrial Estate, New Delhi 110020, India. (Branch/GIFT City office: Unit No. 204, Seat Nos. 1-4, First Floor, Pragya Accelerator II, Building 15B, Block 15, Road No. 1C, Zone 1, GIFTSEZ, GIFT City, Gandhinagar 382355, Gujarat, India.)
Fund registered: 2019
Investments on record: 32
Corpus (as reported): Fund III final close INR 365 Cr (~$43.6M) in 2024, oversubscribed ~3x against a INR 250 Cr target; firm reports ~INR 1,600 Cr managed across 6+ funds (incl. an Opportunities/Continuity fund reported up to ~INR 750 Cr). Latest single fund: INR 365 Cr (2024).
Website: sauce.vc
LinkedIn: Profile ↗

About

Sauce.vc is an early-stage Indian venture capital fund founded in 2019 by Manu Chandra (Founder & Managing Partner), backing next-generation consumer brands with a first-cheque, high-engagement model and a service-partner network. The SEBI-registered fund (multiple Category I/II AIF trusts; investment manager Cornucopia Consumer Venture Advisory LLP) focuses on F&B, personal care, and lifestyle/apparel. Fund III closed at INR 365 Cr in 2024, ~95% from domestic capital, backed largely by family offices (Pratithi Investments, Sharrp Ventures) and investors including Singularity Ventures and Saison Capital.

Investment focus

Stage: early-stage / seed / first-cheque (often pre-revenue / idea-stage). Sector: India consumer brands — food & beverage, personal care/beauty, apparel & lifestyle, pet care. Average check ~INR 5 Cr with ~75% reserved for follow-ons.

Cheque size

INR 3.5-5 Cr first cheque (Fund III); grew from ~INR 1-2.5 Cr in earlier funds

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — Venture capital — reported as “Seed/early-stage consumer VC (micro-VC) / Cat I/Cat II”

IN/AIF1/19-20/0700
IN/AIF2/21-22/0907
IN/AIF2/22-23/1107
IN/AIF2/23-24/1460
IN/AIF2/25-26/1891

SIDBI Fund of Funds

None found

Notable portfolio

The Whole Truth (Whole Truth Foods); Mokobara; Supertails; XYXX; Hocco Ice Creams; Perfora; Bare Anatomy (Innovist); Innovist

Team & organisation

12+ team members

LLP-managed (Cornucopia Consumer Venture Advisory LLP); multi-fund — Category I VCF (Sauce Capital Trust IN/AIF1/19-20/0700) plus Category II AIFs (Fund II IN/AIF2/21-22/0907; Fund III IN/AIF2/23-24/1460; Continuity Fund I IN/AIF2/22-23/1107)

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Frequently asked

What does Sauce.vc invest in?: Stage: early-stage / seed / first-cheque (often pre-revenue / idea-stage). Sector: India consumer brands — food & beverage, personal care/beauty, apparel & lifestyle, pet care. Average check ~INR 5 Cr with ~75% reserved for follow-ons.
What cheque size does Sauce.vc write?: As compiled from public sources: INR 3.5-5 Cr first cheque (Fund III); grew from ~INR 1-2.5 Cr in earlier funds
How do I pitch Sauce.vc through iHub India?: Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

⚑ none — private SEBI-registered consumer VC, India-HQ (New Delhi), genuine early-stage fund; not a government/DFI/university vehicle. Legal investment-manager entity is Cornucopia Consumer Venture Advisory LLP (not a name collision).

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://sauce.vc/; https://inc42.com/buzz/mokobara-backer-sauce-vc-rolls-out-third-vc-fund-with-inr-250-cr-target-corpus/