India consumer vc @ Sauce, sucker for good home made mutton, Madridista

New Delhi, India
Joined November 2009
Real Madrid in UCL is beyond science
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Excited to be with the OG Sauce Bois ๐Ÿ‘Œ not as excited as @twitellectual though ๐Ÿ˜‚
Replying to @ETtech
๐Ÿ† Navin Parwal of Mokobara, Yogesh Kabra of XYXX, Manu Chandra of Sauce, Shashank Mehta of @wholetruthfood, @RohitChawla27 of Innovist, @YashDholakia and Atul Phull of Sauce
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To one of the most thoughtful and intellectually honest folks I have met in the investing world- thank you ๐Ÿ™. And yes, we look forward to a Sauce x Blume partnership deal soon ๐Ÿ‘
Congrats to @Manu_Chandra of @SauceVc on winning the Midas Touch award at @StartupAwardsET this year. I think it is the first time I am hearing of someone outside the larger funds winning this; and it is incredible that Manu won it investing in consumer brands (no tech, no SaaS) and today Sauce has a track record that is the envy of everyone in venture. Love that he is also pushing the envelope with his growth vehicles. I also got to spend some time w Manu outside of the awards - he was gracious enough to take out time to share his learnings and pov. Once again congrats Manu on behalf of Blume, and we look forward to partnering together on an opportunity soon!
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Thanks @pranavmukul. What's bodes well is that not only are young Indian brands meeting the high bar of big global/Indian strategics, they are also performing incredibly well post acquisition. Most VC backed targets have created significant value and scale post acquisition.
๐Ÿ›’ Had a detailed chat with Sauce's @Manu_Chandra as part of the winner interview series for ET Startup Awards 2026 Manu won the Midas Touch award for best investor But during our conversation, what stuck with me was that Rs 100 crore brands aren't exciting anymore Context ๐Ÿ‘‡
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From my first angel cheque to Sauce's latest growth cheque entry - @epigamia has been a "life comes full circle" journey for me. The idea for Sauce was born over ๐Ÿฅƒ in my balcony jamming with Rohan. Ever so grateful for the role he played in my life๐Ÿ™ linkedin.com/posts/manuchandโ€ฆ
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Time-ly investment hopefully! Here's my Bruno watch :) linkedin.com/posts/manuchandโ€ฆ
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Sugar price up, whey protein price up. India is getting healthier and unhealthier alongside ๐Ÿ˜ฌ
BREAKING: Indian sugar prices hit a new all-time high of โ‚น5,340/Quintal New high after 16 years (Since 2010)
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Had fun chatting candidly with new and emerging VCs. We ran out of time and still had many questions in queue, many of which people msged later & I answered the best I could. This post distills takeaways from the day. Thanks @IndianVCA for organising and sharing this ๐Ÿ™๐Ÿผ
๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—˜๐—ป๐—ฑ๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐—ฉ๐—ฒ๐—ป๐˜๐˜‚๐—ฟ๐—ฒ ๐—™๐—ถ๐—ฟ๐—บ๐˜€: ๐—ž๐—ฒ๐˜† ๐—Ÿ๐—ฒ๐˜€๐˜€๐—ผ๐—ป๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฎ๐—ป ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ #๐—ฉ๐—–๐Ÿญ๐Ÿฌ๐Ÿญ ๐— ๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ๐—ฐ๐—น๐—ฎ๐˜€๐˜€ As part of its commitment to advancing venture capital (VC) education, Indian Venture and Alternate Capital Association (@IndianVCA) Academy hosted an exclusive #VC101 Online Masterclass with @Manu_Chandra, Founder and Managing Partner, @SauceVc. Drawing on his experience of building one of India's leading early-stage consumer-focused VC firms, Manu shared practical insights on investment conviction, resilient portfolios, and investment strategies designed with successful exits in mind. ๐—ž๐—ฒ๐˜† ๐˜๐—ต๐—ฒ๐—บ๐—ฒ๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐˜€๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐—ฑ: โ€ขโ ย โ Aligning fund strategy with the expectations of founders and limited partners โ€ขโ ย โ Building conviction through sector expertise and disciplined portfolio construction โ€ขโ ย โ Planning for exits from the very beginning of the investment journey โ€ขโ ย โ Creating long-term value through integrity, discipline, and consistent execution Join IVCA Academy for more exclusive #VC101 webinars and masterclasses. A limited-period 50% fee is currently available, providing access to both the first and second editions of #VC101, along with upcoming exclusive webinars. To avail of this limited time offer, please reach out to us at [email protected]. IVCA Academy: academy.ivca.in/ #IVCA #IVCAAcademy #VC101 #VentureCapital #FundManagement
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Manu Chandra retweeted
Learn to sell to the rich The top 5-6m households in India represent a very deep profit pool - rich Indians are not catered to by existing fmcg brands who build for the average. Theres a huge opportunity to build scaled profitable brands by sharply addressing this audience 1/n
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7 minutes for the greatest number 7
From a small kid in Madeira to the greatest player football has ever seen. This 7-minute Cristiano Ronaldo career compilation is pure emotion. ๐Ÿฅน๐Ÿ
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For GPs early in their journey of starting funds I will share what I can about my journey and fund strategy that aligns the best interest of LPs, founders and my team. Freewheeling chat about sizing, specialisation, exits, portfolio construction,carry,fund economics & more.
๐—™๐—ฟ๐—ผ๐—บ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐—ฐ๐—ต๐—ฒ๐—พ๐˜‚๐—ฒ ๐˜๐—ผ โ‚น๐Ÿฑ๐Ÿฌ๐Ÿฌ+ ๐—ฐ๐—ฟ๐—ผ๐—ฟ๐—ฒ ๐—ฒ๐˜…๐—ถ๐˜๐˜€ โ€“ ๐—น๐—ฒ๐˜€๐˜€๐—ผ๐—ป๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฆ๐—ฎ๐˜‚๐—ฐ๐—ฒ ๐—ฉ๐—– Join us for an exclusive @IndianVCA Academy #VC101 Online Masterclass featuring @Manu_Chandra, Founder and Managing Partner of @SauceVc, one of India's most successful early-stage consumer-focussed venture firms. Since its launch in 2019, Sauce VC has grown into a โ‚น2,500+ crore AUM fund, backing category-defining brands from their earliest stages โ€“ including Innovist, Mokobara, The Whole Truth Foods, Hocco Ice Creams, epigamia, and XYXX Apparels Innerwear. Fresh off a landmark exit: Sauce VC's recent success through L'Orรฉal's acquisition of Innovist adds to a growing list of exits, including QuikAF, &Me, and Postcard. The firm's track record reflects disciplined execution โ€“ Fund I is tracking a 10x MOIC with nearly 2x DPI returned to investors, while Fund II and the Continuity Fund have both achieved a 2.5x MOIC. In this masterclass, Manu will share how to build differentiated investment theses, develop conviction before the market catches on, construct high-performing portfolios, and partner with founders from the first cheque through exit. Whether you are an emerging or first-time fund manager, a micro VC, an early-stage investor, or part of the broader ecosystem, this session will offer practical lessons on building enduring venture firms. ๐Ÿ“… Date: 8 July 2026 ๐Ÿ•› Time: 12:00 PM โ€“ 1:00 PM IST ๐Ÿ’ป Platform: Zoom ๐Ÿ”— Register here: luma.com/yyn3qij4 ๐ŸŽ“ #VC101 is now live on IVCA Academy! Access the first and second editions of #VC101 โ€“ featuring insights from India's top venture investors. ๐Ÿ”— academy.ivca.in/ Sources: @Inc42 @ET_Marketing @moneycontrolcom @businessline @MITSloan #IVCA #IVCAAcademy #VC101 #VentureCapital #FundManagement #SauceVC #ConsumerBrands
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Why do you think we HQed in Delhi ๐Ÿ™ƒ
Delhi has officially overtaken Bengaluru in the D2C race ๐Ÿ‘€ For years, Bengaluru was seen as India's startup capital. But when it comes to consumer brands, Delhi NCR is pulling ahead. ๐Ÿ“ˆ $3.5 Bn+ funding raised ๐Ÿค 434 D2C startup deals ๐Ÿ† Home to brands like boAt, Mamaearth, Lenskart, Country Delight & more Meanwhile, Bengaluru isn't far behind with $3.4 Bn+ backing brands like Wakefit, Mokobara, Snitch and Licious. The bigger question: Is Delhi becoming the default launchpad for India's next consumer giants? ๐Ÿ‡ฎ๐Ÿ‡ณ ๐Ÿ›๏ธ The D2C & Retail Summit 2026 | Aug 2026, Gurugram ๐ŸŽฏ 600+ Modern Retail Leaders. Invite-only. Comment 'DRS' and we'll send the application to your DM. #D2C #Startups #Ecommerce #DRS2026 #DelhiNCR #Bengaluru #Retail #Inc42 #D2CSummit2026 #trending
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Manu Chandra retweeted
๐Ÿš€ Big milestone, bigger ambitions! Weโ€™ve officially closed our โ‚น35 Crore ($3.7M) Series A funding round, led by @Riverwalk_VC & @SauceVc, alongside Panthera Peak Ventures, @arunvenk & our incredible strategic angels. From 15 stores in 8 cities to the next chapterโ€ฆ
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The time is right for your pets ๐Ÿถ ๐Ÿ˜ธ @Supertails_IND
Good morning! Taking you back to 2006 with this โ˜”๏ธ
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Manu Chandra retweeted
Till now, the gold standard of customer experience for me was what we created at Urban Ladder in mid 2010s. Happy to see @my_mokobara taking the torch forward. My 2.5 old luggage cracked and they just replaced it without haggling ๐Ÿฅน
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Manu Chandra retweeted
Fantastic Evening at @SauceVc Annual Day Yesterday . Unbelievable Focus & Execution by @Manu_Chandra @ @YashDholakia & Team Also spent good time with the legends behind @Uni_Seoul_ - Gaurav & Mohit This one seems special - glad I got to be a small part of it โญ๏ธ
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