India, Aug. 12 -- Early and growth stage-focussed VC firm Atomic Capital has announced the final close of its maiden fund at INR 400 Cr.

With this fund, the VC firm aims to back Pre Series A and Series A startups operating in the consumer tech and consumer-enabler segments. The average first cheque size will be around INR 10-30 Cr, with the rest of the amount to be invested during the follow-on rounds, the firm said in a statement.

Atomic Capital aims to back 10-12 startups under this fund, the VC firm added. The fund announced its first close at INR 155 Cr in 2024.

The maiden fund will focus on areas including food & beverages, nutraceuticals, personal care & beauty, jewellery, apparel & footwear, pet care, travel & accessories, elect...