India, Feb. 26 -- Consumer-focused venture capital (VC) firm Sauce.vc has marked the final close of its second "opportunities fund" at Rs.750 Cr (about $82.5 Mn).

With the fund, the VC firm intends to double down on four to six high-growth startups from its portfolio. It intends to invest in the range of Rs.220-250 Cr in portfolio startups like Hocco, The Whole Truth, Mokobara, Innovist, XYXX and Supertails.

Yash Dholakia, Partner at Sauce.vc, said that this strategy will help it build long-term partnerships with founders it has backed since the seed stage.

"This allows us to form a long term partnership with our founders who we have backed from seed stage, and also deploy larger capital without blind pool risk, and meet liquidity need...