About RPSG Capital Ventures
RPSG Capital Ventures is a venture capital firm founded in 2018. It is primarily based out of Gurugram, India. As of Aug 2026, RPSG Capital Ventures is an active investor, having invested in 28 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and HealthTech. Most recently it participated in the $***** Series A round of Lissun Overall, RPSG Capital Ventures portfolio has seen 3 acquisitions, namely Plix, True Elements and IncNut Digital. A lot of funds co-invest with RPSG Capital Ventures, with names like Tejas Subramanian sharing a substantial percentage of its portfolio. RPSG Capital Ventures has team of 9 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
RPSG Capital Ventures' List of Top Investments
RPSG Capital Ventures has a portfolio of 28 companies. Their most notable investments are in Merlin Brands and Plix.Their portfolio spans across and India. They have invested in Retail, Consumer, HealthTech and 7 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by RPSG Capital Ventures:
1. Supertails
Online pet store specializing in supplies for dogs, cats, and exotic pets. The product catalog includes dog and cat food, treats, grooming tools, toys, accessories, and waste disposal products. The pet pharmacy provides prescription medicines, supplements, dewormers, and flea control.
Key facts about Supertails
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $63.8M
- Employee Count: 307 as on Aug 31, 2025
- Investors: Nippon, Fireside Ventures and 44 Others
- Latest Funding Round: Series C, Feb 10, 2026, $*****
- Highlight: Editors' Pick
Retailer of skincare products formulated for pigmentation and acne treatment. The inventory includes serums, moisturizers, sunscreens, and cleansers designed to address skin concerns such as dark spots, blemishes, and uneven skin tone. The product line features chemical peels, spot targeting gels, and various sun protection formulations. These items are intended for topical application to manage skin health and appearance.
Key facts about World of Asaya
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $15.2M
- Employee Count: 54 as on May 01, 2026
- Investors: RPSG Capital Ventures, Indian Silicon Valley Capital and 27 Others
- Latest Funding Round: Series A, Jul 30, 2026, $*****
- Highlight: Editors' Pick
3. mCaffeine
Retailer of caffeinated skin and hair care products. The company offers a diverse range of personal care items including body scrubs, lotions, face washes, and hair care solutions. These products are formulated with natural ingredients to provide exfoliation, hydration, and cleansing benefits for various skin and hair concerns. PF = Yes
Key facts about mCaffeine
- Founded Year: 2015
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $48.4M
- Employee Count: 211 as on Aug 31, 2025
- Investors: BlackSoil, DSP Mutual Fund and 99 Others
- Latest Funding Round: Series C, Sep 28, 2023, $*****
- Highlight: Editors' Pick
Fashion and lifestyle brand offering apparel, sneakers, and pop-culture merchandise. It focuses on contemporary and pop-culture-inspired products and sells through its online platform and physical retail stores, supported by services such as order tracking, returns, gift vouchers, and customer support.
Key facts about The Souled Store
- Founded Year: 2013
- Location: Mumbai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $29.7M
- Employee Count: 981 as on May 31, 2026
- Investors: Elevation Capital, Xponentia Capital and 58 Others
- Latest Funding Round: Angel, Oct 28, 2024, $*****
- Highlight: Editors' Pick
5. Plix
Online brand offering nutritional supplements. The company uses clinically backed wholefood ingredients to create plant-based supplements that empower the body, skincare, haircare, and more. It offers apple cider vinegar, fit and slim shake, and more.
Key facts about Plix
- Founded Year: 2018
- Location: Thane (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2026
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $11.1M
- Employee Count: 260 as on Aug 31, 2025
- Investors: RPSG Capital Ventures, Guild Capital and 6 Others
- Latest Funding Round: Series B, Jul 26, 2023, $*****
- Highlight: Acquired
RPSG Capital Ventures' Year-on-Year Investment Trends
RPSG Capital Ventures has invested in 28 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 8 investments, while as of Aug 2026, it has made 5 investments in this year. Its most recent first time investment was in MyDesignation and most recent follow-on round was in Lissun.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 4 | 5 |
2025 | 5 | 3 | 8 |
2024 | 4 | 1 | 5 |
2023 | 2 | 2 | 4 |
2022 | 0 | 3 | 3 |
2021 | 6 | 0 | 6 |
2020 | 3 | 1 | 4 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
RPSG Capital Ventures' Investments by Stage
RPSG Capital Ventures has made 12 investments in Series A stage with an average round size of $3.52M, 11 investments in Seed stage with an average round size of $1.42M and 1 investment in Series B stage with an average round size of $15.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Seed | 11 |
Series B | 1 |
Note: We have considered here, only first round of investments
RPSG Capital Ventures' Investments by Sector
RPSG Capital Ventures has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, Food and Agriculture and Food and Agriculture Tech. Notably, it has invested in 27 Consumer (B2C) companies, 24 Tech companies, 3 Software companies and 1 company focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 16 |
Retail | 16 |
Consumer Goods | 15 |
Food and Agriculture | 5 |
Food and Agriculture Tech | 4 |
Others | 10 |
Note: We have considered here, only first round of investments
RPSG Capital Ventures' Investments by Geography
RPSG Capital Ventures has made most investments in India (24).RPSG Capital Ventures' recent investments
RPSG Capital Ventures has made 5 investments in 2026 so far. Lissun and World of Asaya are the latest among them.Here are the most recent investments by RPSG Capital Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2026 | India | Series A | 8800 | [+7] | |
Jul 30, 2026 | India | Series A | 2039 | [+13] | |
Feb 23, 2026 | India | Series A | 3674 | [+2] | |
Feb 10, 2026 | India | Series C | 4618 | [+5] | |
Feb 05, 2026 | India | Seed | 3447 | [+1] |
Acquired companies in RPSG Capital Ventures' Portfolio
3 companies from RPSG Capital Ventures' portfolio have been acquired. The most recent acquisition was IncNut Digital in May 2026 by Emami Group for $*****.Here are RPSG Capital Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 07, 2026 | Mar 24, 2020 | Series A | 4056 | |
Jul 26, 2023 | Oct 21, 2021 | Series A | 4328 | |
May 23, 2022 | - | - | 3825 |
Team profile of RPSG Capital Ventures
RPSG Capital Ventures has a team of 9 members including 2 Partners and 1 Principal located in India. RPSG Capital Ventures' team sits on the board of 2 companies.Here is a list of all team members in RPSG Capital Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Gurugram | |||
Partner | India | - | - | |
Principal | - | - |
Co-investors of RPSG Capital Ventures
Over the past 8 years, 510 investors have co-invested in RPSG Capital Ventures's portfolio companies. This includes funds and angels.
- Invested before RPSG Capital Ventures: Sauce, Manu Chandra and 269 others have invested in rounds before RPSG Capital Ventures. There are 3 companies where Sauce has invested before RPSG Capital Ventures and 2 companies where Manu Chandra has invested before RPSG Capital Ventures.
- Top Co-investors of RPSG Capital Ventures: 83 investors entered a company along with RPSG Capital Ventures. These include investors like Tejas Subramanian (3 companies).
- Invested after RPSG Capital Ventures: A total of 156 investors have invested in RPSG Capital Ventures's portfolio after their investments. Top Investors include Hyperscale Ventures (2 companies), Alteria Capital (2 companies) and Ramakant Sharma (2 companies).
Recent News related to RPSG Capital Ventures
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Science-first skincare brand Asaya raises Rs 88 crore at a valuation of Rs 400 croreIndian Startup News•Aug 24, 2026•Huddle Ventures, OTP Ventures, RPSG Capital Ventures, Hyperscale Ventures and 1 other
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Lissun Raises INR 48 Cr in Series A Funding Led by Colossa VenturesEnablers•Aug 18, 2026•Colossa Ventures, RPSG Capital Ventures, Lissun, Rainmatter and 2 others
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MyDesignation Raises 40 Cr in Series A RoundEntrackr•Feb 23, 2026•RPSG Capital Ventures, MyDesignation, Veltis Capital, Dominor and 1 other
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Supertails Bags $30 Mn To Open New Pet ClinicsStartupNews•Feb 10, 2026•Saama, Supertails, RPSG Capital Ventures, Fireside Ventures and 3 others
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Nutrition Startup Good Monk Raises Rs 25 Cr in Funding ExtensionIndian Retailer•Jan 30, 2026•Good Monk, RPSG Capital Ventures, Sharrp Ventures, Hypescale Ventures and 2 others
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BabyOrgano Secures Rs 20 Cr Funding Led by RPSG Capital VenturesEntrackr•Nov 05, 2025•BabyOrgano, RPSG Capital Ventures, Sauce, DeVC
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D2C Skincare Brand Asaya Secures INR 28 Cr for New Product LaunchesInc42•Sep 10, 2025•OTP Ventures, World of Asaya, RPSG Capital Ventures, Huddle Ventures and 1 other
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Rabitat Secures $5 Million in Series A Funding with Accurize Startgrowers as Advisorbignewsnetwork.com•Jul 10, 2025•Rabitat, RPSG Capital Ventures, DSG Consumer Partners
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Rabitat secures INR 40 Cr funding in Series A to lead parenting essentials marketOnline Media Cafe•Jun 23, 2025•Rabitat, RPSG Capital Ventures, DSG Consumer Partners,
