The Week that Was: Indian Startup News Overview (11th August -17th August)


Funding News: Atomic Capital Seals Rs 400 Crore Fund to Power India's Next Consumer Champions

Company: Atomic Capital

Founders: Apoorv Gautam

About us: Atomic Capital is an early growth investment fund positioned as an ‘Operating VC’, focusing on consumer, consumer-tech, and consumer-enabler startups in India. It differentiates itself by offering not just capital, but also deep operational engagement and strategic support to founders building enduring, capital-efficient brands.

Founded Year: 2024

Office: India

Sector: Venture Capital / Consumer & Consumer-Tech Investments

Funding Round: Maiden Fund Close

Investors: Not disclosed

Early growth investment fund Atomic Capital has announced the final close of its maiden fund, raising over Rs 400 crore to invest in early growth-stage Indian consumer, consumer-tech, and consumer-enabler startups. The fund, which reached its first close at Rs 155 crore in 2024, has since attracted strong investor commitments to achieve full closure.

With an average first cheque size of Rs 10-30 crore, Atomic Capital plans to build a focused portfolio of 10–12 companies, reserving a portion of the corpus for follow-on investments. The fund is targeting startups at the Pre-Series A to Series A stage that have achieved product–market fit (PMF).

Website: https://atomiccapital.vc