About Sauce
Sauce is a venture capital firm founded in 2019. It is primarily based out of Delhi, India. As of Sep 2026, Sauce is an active investor, having invested in 47 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Seed round of Unniyarcha Overall, Sauce portfolio has seen 4 acquisitions including key companies like Innovist, &Me and VCCircle. A lot of funds co-invest with Sauce, with names like Whiteboard Capital sharing a substantial percentage of its portfolio. Sauce has team of 16 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Conventional Debt & 2 more
Portfolio Soonicorns
Deals in last 12 months
Sauce's List of Top Investments
Sauce has a portfolio of 47 companies. Their most notable investments are in Dr Paws and Misters.Their portfolio spans across and India. They have invested in Retail, Consumer, Enterprise Applications and 12 other sectors, across stages such as Seed, Conventional Debt and 2 more. Here is the list of top investments by Sauce:
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
2. Innovist
Retailer of personal care products for hair skin and sun. The business offers various formulations for hair growth, dandruff control, and hair repair. Skin care items include cleansers, moisturizers, serums, and body washes designed for specific concerns such as acne, pigmentation, and exfoliation. Additionally, the inventory features sun protection products formulated for different skin types. These items are available for purchase through digital platforms.
Key facts about Innovist
- Founded Year: 2018
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $19.2M
- Employee Count: 198 as on May 31, 2026
- Investors: Amazon, Omega Finhold and 51 Others
- Latest Funding Round: Series B, Apr 03, 2025, $*****
- Highlight: Acquired
3. Mokobara
Chains providing luggage, bags, and travel accessories. The company offers a range of travel gear including suitcases, trolley bags, backpacks, briefcases, and various lifestyle accessories designed for travel and daily use.
Key facts about Mokobara
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $33.6M
- Employee Count: 324 as on May 31, 2026
- Investors: Sauce, Chona Family Office and 61 Others
- Latest Funding Round: Series C, Sep 05, 2026, $*****
- Highlight: Editors' Pick
4. Epigamia
Manufacturer of dairy and plant based yogurt and beverage products. The product range includes Greek yogurt, curd, lactose-free dairy items, and coconut milk-based alternatives. These food items are distributed through online channels and retail platforms.
Key facts about Epigamia
- Founded Year: 2007
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $67.3M
- Employee Count: 251 as on May 31, 2026
- Investors: Verlinvest, Innoven Capital and 52 Others
- Latest Funding Round: Angel, Dec 04, 2023, $*****
- Highlight: Editors' Pick
Manufacturer of clean label food products including protein powders, bars, muesli, and nut spreads. The company produces various food items focused on ingredient transparency and nutritional content. Offerings include plant protein supplements, snack bars, and spreads made with natural ingredients. The business emphasizes the disclosure of all components used in its food production process.
Key facts about The Whole Truth Foods
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $71.3M
- Employee Count: 299 as on May 31, 2026
- Investors: Trifecta Capital, Sauce and 39 Others
- Latest Funding Round: Series D, Jan 13, 2026, $*****
- Highlight: Editors' Pick
Sauce's Year-on-Year Investment Trends
Sauce has invested in 47 companies over the last 7 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 14 investments, while as of Sep 2026, it has made 12 investments in this year. Its most recent first time investment was in Unniyarcha and most recent follow-on round was in Mokobara.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 8 | 12 |
2025 | 5 | 9 | 14 |
2024 | 6 | 7 | 13 |
2023 | 3 | 6 | 9 |
2022 | 4 | 9 | 13 |
2021 | 5 | 5 | 10 |
2020 | 2 | 5 | 7 |
2019 | 7 | 1 | 8 |
Sauce's Investments by Stage
Sauce has made 33 investments in Seed stage with an average round size of $1.01M, 1 investment in Conventional Debt stage, 1 investment in Series A stage with an average round size of $3.3M and 1 investment in Series C stage with an average round size of $5.27M.Stage of entry | No. of Investments |
|---|---|
Seed | 33 |
Conventional Debt | 1 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Sauce's Investments by Sector
Sauce has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, HealthTech and Food and Agriculture. Notably, it has invested in 40 Consumer (B2C) companies, 34 Tech companies, 7 Enterprise (B2B) companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 25 |
Retail | 24 |
Consumer Goods | 17 |
HealthTech | 5 |
Food and Agriculture | 4 |
Others | 15 |
Note: We have considered here, only first round of investments
Sauce's Investments by Geography
Sauce has made most investments in India (36).Sauce's recent investments
Sauce has made 12 investments in 2026 so far. Unniyarcha and Betterhood are the latest among them.Here are the most recent investments by Sauce:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2026 | India | Seed | 9460 | ||
Sep 11, 2026 | India | Seed | 4927 | ||
Sep 05, 2026 | India | Series C | 8713 | [+3] | |
Aug 22, 2026 | India | Seed | 2685 | [+4] | |
Aug 20, 2026 | India | Seed | 9966 | [+3] |
Acquired companies in Sauce's Portfolio
4 companies from Sauce's portfolio have been acquired. The most recent acquisition was Innovist in Jun 2026 by L'Oreal for $*****.Here are Sauce's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 18, 2026 | Jul 31, 2019 | Seed | 1860 | |
Apr 29, 2022 | Jul 12, 2019 | Seed | 9917 | |
Aug 18, 2021 | Jan 18, 2020 | Seed | 8060 | |
Jul 29, 2020 | - | - | 9212 |
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Team profile of Sauce
Sauce has a team of 16 members including 2 Partners and 3 Principals located in India. Sauce's team does not sit on the board of any company as of now.Here is a list of top team members in Sauce:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Delhi | - | ||
Partner | Delhi | Bonito Designs and Reap | ||
Principal | Delhi | - | ||
Principal | Bengaluru | - | ||
Principal | India | - |
Co-investors of Sauce
Over the past 7 years, 763 investors have co-invested in Sauce's portfolio companies. This includes funds and angels.
- Invested before Sauce: Peak XV Partners, Manu Chandra and 162 others have invested in rounds before Sauce. There are 2 companies where Peak XV Partners has invested before Sauce and 2 companies where Manu Chandra has invested before Sauce.
- Top Co-investors of Sauce: 281 investors entered a company along with Sauce. These include investors like Whiteboard Capital (5 companies).
- Invested after Sauce: A total of 318 investors have invested in Sauce's portfolio after their investments. Top Investors include Angel List (7 companies), Kunal Shah (4 companies) and Trifecta Capital (4 companies).
Recent News related to Sauce
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Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26India Retailing•Sep 22, 2026•Hocco, Sauce
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Mokobara Secures Rs 170 Crore in Series C Funding Led by Sauce.VCIndian Startup News•Sep 12, 2026•Peak XV Partners, Sauce, Mokobara, Ayra Ventures and 1 other
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Be Clinical Secures Rs 21 Crore Seed Extension Funding Led by SauceIndian Startup News•Aug 22, 2026•Sauce, V3 Ventures
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Bruno Milano Secures Rs 7.5 Crore Funding Led by Sauce VC for ExpansionViestories•Aug 21, 2026•Brunomilano, Sauce, Titan Capital
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3one4 Capital, Arkam Ventures, Sauce VC, and V3 Ventures Invest in Consumer StartupsMoneycontrol•Jun 26, 2026•Sauce
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Uni Seoul Raises Rs 35 Cr in Series A Funding RoundEntrackr•Jun 10, 2026•Uni Seoul, Panthera Peak, Riverwalk Holdings, Sauce
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