Sparrow Capital

Latest, : Consumer-focused VC Sparrow Capital has closed a ₹475 Cr third fund, nearly 4x its ₹120 Cr Fund II, to write $1M-$2M cheques into 25-30 startups over three years.

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    Background

    From 3 stories, the newest dated 14 Sept 2026. Summary written 6 Oct 2026.

    Sparrow Capital is an India-focused venture investor that backs startups, with consumer among its focus sectors.[1] source: Entrackr

    Show 3 more paragraphs and 3 sources

    Its portfolio includes the Indian D2C and retail names Apnamart, GoKwik, Furnishka, Aukera and Deconstruct.[1] source: Entrackr

    On 2 July 2026, Entrackr reported that Sparrow Capital closed a Rs 475 crore third fund to back 25-30 startups.[1] source: Entrackr The fund writes cheques of $1M-$2M.[1] source: Entrackr Its Fund II was Rs 120 crore.[1] source: Entrackr

    Two of its portfolio companies raised money in 2026. Aukera, a lab-grown diamond jewellery brand, raised Rs 90 crore led by Alteria Capital in July 2026, and its store count grew from 13 to 35.[2] source: YourStory[1] source: Entrackr In September 2026, Furnishka, a Bengaluru omnichannel furniture retailer, was reported to be raising Rs 26.8 crore in an extended pre-Series A at an estimated post-money valuation of Rs 230 crore.[3] source: Entrackr[1] source: Entrackr

    Sources

    1. Sparrow Capital closes Rs 475 Cr third fund to back 25-30 consumer startupsEntrackr
    2. Lab-grown diamond brand Aukera raises Rs 90 Cr to fuel store and omnichannel pushYourStory

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    Stories that mention Sparrow Capital

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    Sparrow Capital is named in these stories but is not their subject.