Monday, August 5, 2024

Sauce VC logs final close of third fund at Rs 365 crore

Consumer-focused venture investor Sauce VC, which has invested in new-age brands like luggage maker Mokobara, has announced the final close of its third fund at Rs 365 crore, against a target corpus of Rs 250 crore. Founder and managing partner Manu Chandra told ET that the fund received demand for subscriptions amounting to about Rs 700 crore.

from Tech-Economic Times https://ift.tt/0pRgZ81

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OpenAI Foundation outlines $1 billion push, expands leadership team

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