About Sauce
Sauce is a venture capital firm founded in 2019. It is primarily based out of Delhi, India. As of Oct 2026, Sauce is an active investor, having invested in 50 companies, with 8 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 SOFACET 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 Sangeet Agrawal sharing a substantial percentage of its portfolio. Sauce has team of 14 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Soonicorns
Sauce's List of Top Investments
Sauce has a portfolio of 50 companies. Their most notable investments are in Krieya Beauty & Wellness and Dr Paws.Their portfolio spans across and India. They have invested in Retail, Consumer, Enterprise Applications and 12 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Sauce:
1. Supertails
Retailer of pet supplies and provider of veterinary services. The company offers a wide range of products including pet food, treats, grooming essentials, toys, and accessories for various animals. It also provides veterinary consultations, pharmacy services, and specialized pet care solutions to support pet health and wellness.
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: $62.7M
- Employee Count: 400 as on May 31, 2026
- Investors: Nippon, Fireside Ventures and 50 Others
- Latest Funding Round: Series C, Jan 17, 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: ₹500 - ₹1,000 Cr as on Mar 31, 2026
- 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: $33.2M
- Employee Count: 324 as on May 31, 2026
- Investors: Sauce, Chona Family Office and 60 Others
- Latest Funding Round: Series C, Sep 03, 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, protein bars, muesli, and nut spreads. The company produces a range of health-focused food items using transparent ingredient lists. Its product line includes various protein-based snacks, energy bars, and pantry staples designed to provide nutritional alternatives to conventional packaged foods. The business emphasizes ingredient clarity and food quality across its entire range of offerings.
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 01, 2026
- Investors: Trifecta Capital, Sauce and 37 Others
- Latest Funding Round: Series D, Jan 13, 2026, $*****
- Highlight: Editors' Pick
Sauce's Year-on-Year Investment Trends
Sauce has invested in 50 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 Oct 2026, it has made 15 investments in this year. Its most recent first time investment was in SOFACET and most recent follow-on round was in Mokobara.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 8 | 15 |
2025 | 5 | 9 | 14 |
2024 | 6 | 7 | 13 |
2023 | 3 | 6 | 9 |
2022 | 4 | 10 | 14 |
2021 | 5 | 5 | 10 |
2020 | 2 | 5 | 7 |
2019 | 7 | 1 | 8 |
Sauce's Investments by Stage
Sauce has made 35 investments in Seed stage with an average round size of $950K, 2 investments in Series A stage with an average round size of $2.43M, 1 investment in Conventional Debt stage and 1 investment in Series C stage with an average round size of $5.27M.Stage of entry | No. of Investments |
|---|---|
Seed | 35 |
Series A | 2 |
Conventional Debt | 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 43 Consumer (B2C) companies, 37 Tech companies, 7 Enterprise (B2B) companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 27 |
Retail | 26 |
Consumer Goods | 18 |
HealthTech | 6 |
Food and Agriculture | 4 |
Others | 16 |
Note: We have considered here, only first round of investments
Sauce's Investments by Geography
Sauce has made most investments in India (39).Sauce's recent investments
Sauce has made 15 investments in 2026 so far. SOFACET and The Stack are the latest among them.Here are the most recent investments by Sauce:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 19, 2026 | India | Seed | 5224 | [+4] | |
Oct 14, 2026 | India | Seed | 4456 | [+2] | |
Oct 06, 2026 | India | Series A | 8064 | [+2] | |
Sep 23, 2026 | India | Seed | 8377 | ||
Sep 11, 2026 | India | Seed | 9169 |
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 | 1886 | |
Apr 29, 2022 | Jul 12, 2019 | Seed | 4742 | |
Aug 18, 2021 | Jan 18, 2020 | Seed | 6432 | |
Jul 29, 2020 | - | - | 1975 |
Team profile of Sauce
Sauce has a team of 14 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 | Mumbai | - | ||
Principal | Delhi | - | - |
Co-investors of Sauce
Over the past 7 years, 791 investors have co-invested in Sauce's portfolio companies. This includes funds and angels.
- Invested before Sauce: Peak XV Partners, Manu Chandra and 181 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: 274 investors entered a company along with Sauce. These include investors like Sangeet Agrawal (6 companies).
- Invested after Sauce: A total of 334 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
•
•
The Stack Raises ₹21.5 Cr To Broaden Its Supplements PortfolioInc42•Oct 14, 2026•Huddle Ventures, OTP Ventures, The Stack, Sauce
•
Lorazzo Raises ₹15 Crore to Disrupt India’s Kitchen & Bathroom Market with Design‑Led Smart FittingsIndianWeb2•Oct 06, 2026•Sprout Venture Partners, Alteria Capital, Panthera Peak, Sauce and 1 other
•
Indian Beehive EDT Secures $2.4M in Pre-Series A Funding Led by SauceIncubees•Oct 01, 2026•Sauce, Alteria Capital, Lorazzo, Sprout.vc and 1 other
•
Sauce leads Rs 11.5 crore seed funding round for preventive pain care brand betterhoodEntrackr•Sep 23, 2026•Betterhood, Kairon Capital, Sauce
•
Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26India Retailing•Sep 22, 2026•Hocco, Sauce
•
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
•
Be Clinical Secures Rs 21 Crore Seed Extension Funding Led by SauceIndian Startup News•Aug 22, 2026•Sauce, V3 Ventures
•
Bruno Milano Secures Rs 7.5 Crore Funding Led by Sauce VC for ExpansionViestories•Aug 21, 2026•Brunomilano, Sauce, Titan Capital
•
Consumer Startups Seek Funding Amid Growing Investor InterestMint•Aug 13, 2026•Sauce, Alvarez & Marsal
