Rockstud Capital launches a Rs 300 Cr second alternative investment fund
Its investment thesis will be based around a youth-focused consumption theme. It may lead and further follow a co-investment model to provide growth capital to startups to build on their initial product-market fit and can scale and raise a Series A round.
"As India moves towards becoming a $5 trillion economy, we feel this is an opportune time to enter the space, especially when companies are finding it difficult to raise capital amidst the funding winter," said Abhishek Agarwal, Founder and Managing Partner of Rockstud Capital.
"The fund will focus on partnering and identifying early-stage growth companies through a well-defined process and deep network to foster partnerships with founders building scalable businesses with a clear focus on profitability," he added. The fund will be managed by a team of experienced professionals with a deep understanding of the alternative investment landscape, Rockstud Capital said.