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Founded by former Helion Venture Partners senior Managing Director Kanwaljit Singh in 2014, the firm will invest across sectors like food & beverages, personal care, home products from seed to series-A stage of a company and provides strategic support through mentors and in-house resources. Some of the brands the fund has invested in include Paper Boat, ID Fresh, Epigamia, Hokey Pokey, Yogabar, Goodness Beverages, Licious, Mama Earth, Vahdam Teas and Fable Street. Fireside has tied up with Avendus as a strategic partner for the fund raise and will continue to work with the Avendus team across the range of their services. 2. Mumbai-based Stay Vista Pvt. Ltd, which operates budget hotel aggregator Vista Rooms, has raised a little over Rs 5 crore ($776,000) from a bunch of investors including seed-stage investor Artha India Ventures and online funding platform LetsVenture. Google India head Rajan Anandan and Freshworks CEO Girish Mathrubootham also invested in their individual capacity, reported VCCircle. The investment was made in two tranches in November last year. However, it could not be ascertained as to which round of funding this was. Founded in 2015 by former head of acquisitions at OYO Rooms Ankita Sheth, Amit Damani and Pranav Maheshwari, Vista Rooms raised about Rs 1.5 crore in December 2015 from a clutch of investors.
For the original version including any supplementary images or video, visit http://bwdisrupt.businessworld.in/article/Fireside-Ventures-Announces-First-Close-of-Rs-180-Cr-Vista-Rooms-Bags-Rs-5-Cr-RAIN-to-Raise-Rs-100-Cr-More/12-06-2017-119989/
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