Atomic Capital makes final close of Rs 400 Cr maiden fund for consumer startup

Early growth investment fund Atomic Capital has announced the final close of its maiden fund with a corpus of over Rs 400 crore, focused on early growth-stage Indian consumer, consumer-tech, and consumer-enabler startups.

With an average first cheque size of Rs 10 to 30 crore, the fund aims to build a curated portfolio of 10–12 companies, with a portion of the corpus reserved for follow-on investments.

According to Atomic Capital, the fund would evaluate startups looking to raise…