Friday, March 8, 2024

Tech-first VCs line up for new-age consumer firms

Tech-first VC Nexus Venture Partners will lead a $5 million funding round in specialty coffee brand AbCoffee and it will also invest in lab-grown diamond maker Aukera, sources told ET. Accel, one of Flipkart's earliest investors, will close a $12 million round in fast fashion brand Newme. Why are tech-first VCs lining up for new-age brands with a horde of affluent young customers?

from Tech-Economic Times https://ift.tt/3HRW9iA

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