Urgent.News

What's breaking now, across thousands of outlets.

Business

Daksham Capital Launches ₹300 Cr Consumer Fund, Marks First Close At ₹125 Cr

Daksham Capital Launches ₹300 Cr Consumer Fund, Marks First Close At ₹125 Cr

Daksham Capital, a multi-family office and wealth management group, has launched its maiden consumer-focused fund, Daksham Growth Ventures (DGV) Fund I. The fund has secured around ₹125 Cr in its first close, following its registration as a SEBI Category II AIF last month. The fund will invest in 10-15 startups, with cheques ranging from ₹5 Cr to ₹20 Cr, primarily backing Pre-Series A and Series A startups.

DGV expects AI to play a growing role in consumer businesses over the next decade, particularly in product discovery, personalization, customer acquisition, and fulfilment.

Brief written by urgent.news from Inc42's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at inc42.com →

More in Business

Saudi Tourism Minister Inaugurates Saudi Land Pavilion in London

Saudi Minister of Tourism Ahmed Al Khateeb formally opened the Saudi Land pavilion at World Travel Market London 2026 to promote regional travel partnerships

  • Saudi delegation of 37 tourism partners showcased expanding tourism offerings
  • Pavilion highlighted AMAALA with seven luxury resorts opening since June

BP raises £785m to pay off debt after selling down Aker BP stake

BP has offloaded around a third of its stake in Norwegian oil and gas company Aker BP marking a major cash injection as it seeks to bring down its debt pile. The FTSE 100 energy giant told markets on Thursday it had sold a five per cent stake in Aker for around NOK9.83bn (£785m). BP [...]

More from Thursday 5 November →