Fireside Ventures invests in mosquito trap maker, ready-to-cook masala firm

VC fund expects its portfolio of consumer brand start-ups to go global, cross $100 million in sales each in next few years

Fireside Ventures, an early-stage venture fund founded by ace investor Kanwaljit Singh, said it expects its portfolio of consumer brand start-ups to go global and cross $100 million in sales each over the next few years. 

The fund which has a corpus of Rs 340 crore and has been anchored by marquee investors, including Premji Invest, Flipkart co-founder Binny Bansal and Sunil Munjal’s Hero Enterprise Investment Office, said it is on track to achieve its vision to help build 25 iconic consumer brands over the next 15 years. According to the VC firm, while boAt, one of its portfolio companies and