1 year ago

Atomic Capital Launches ₹400 Crore Fund for Consumer Tech

Atomic Capital Launches ₹400 Crore Fund for Consumer Tech
Atomic Capital closes ₹400 crore fund, targets high-conviction bets in consumer tech · CNBC TV 18

Imagine a company called Atomic Capital that invests in other new companies.

They just raised a large amount of money, about 400 crore rupees, to invest.

They're focusing on the growing consumer tech market in India, like new online shops.

They won't invest in many companies, but the ones they choose will get a lot of support from them.

Atomic Capital believes in partnering closely with the founders and helping them make smart decisions from the start.

They want the companies they invest in to be careful with money and start earning revenue early.

Atomic Capital's goal is to assist these new companies in their business strategy and implementation.

Key facts

Fund Size
₹400 crore
Investment Focus
Consumer tech
Investment Strategy
High-conviction bets
Number of Startups
10-12
Investment Amount
₹10–30 crore per startup
Location
Mumbai, India
Investment Pace
About one per quarter

Quotes

Apoorv Gautam

Founder of Atomic Capital

“We’re extremely bullish about the way middle India is going to drive the future of India’s consumption. The way India’s digital infrastructure is evolving, led by UPI, we are very bullish on how we can leverage that in our investments.”
CNBC TV 18
“What it takes for companies to go from zero to one is not necessarily the same for one to 100. Building and hiring is not something you can do reactively.”
CNBC TV 18

Sources

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