Fireside Ventures

Fireside Ventures is a venture capital firm established in 2017 and based in Bengaluru, India. The firm specializes in investing in early-stage consumer brands, focusing on the consumer products and services sectors throughout India. By adopting a distinctive approach to investment, Fireside Ventures aims to support the growth and development of innovative consumer businesses, contributing to the evolving market landscape. The firm identifies promising startups and provides them with the resources and expertise necessary to navigate the challenges of scaling in the competitive consumer landscape.

Sonia Abraham

Senior Associate

Ankita Balotia

Vice President

Dipanjan Basu

Partner and CFO

Shreyans Gangwal

Vice President

Siddharth Gupta

Vice President

Ankit Jain

Associate

Ankur Khaitan

Principal

Jyotbir Khuman

Senior Associate

Amit Kulkarni

Director, Finance

Prateek Kurup

Senior Associate

Vasudha Mathur

Senior Associate

Aashish Mirchandani

Senior Associate

Prayag Mohanty

Principal

Shuchi Pandya

Principal

Shuchi Pandya

Principal

Satwik Rajput

Associate

Reemsha Reen

Vice President

VS Kannan Sitaram

Co-Founder and Partner

Ankita Balotia

Vice President

Past deals in Fashion

Terractive

Seed Round in 2024
Terractive is a lifestyle activewear brand that specializes in innovative, high-performance fabrics for men and women. The company blends advanced fabric technology, such as CoolKnit and TerraKnit, with exceptional comfort to empower active individuals in their everyday adventures.

Moxie Beauty

Seed Round in 2024
Moxie Beauty is a company dedicated to revolutionizing the hair care industry. It specializes in creating high-performance, organic, and entirely clean hair care products. Moxie's unique approach involves combining art and science to deliver exceptional results. The company caters specifically to consumers with Indian hair types, considering local habits and weather conditions. Its product range is vegan and cruelty-free, ensuring it aligns with ethical consumer preferences.

NewMe

Series A in 2024
NewMe is a fashion e-commerce platform that specializes in providing a wide range of trendy clothing options. The company operates through both online and offline channels, ensuring accessibility to its diverse clientele. Targeting Generation Z, NewMe promotes individuality and self-expression by offering fashionable apparel that reflects the latest trends in streetwear and runway styles. By focusing on affordability and accessibility, NewMe empowers its customers to embrace their unique identities through contemporary fashion choices.

NewMe

Seed Round in 2024
NewMe is a fashion e-commerce platform that specializes in providing a wide range of trendy clothing options. The company operates through both online and offline channels, ensuring accessibility to its diverse clientele. Targeting Generation Z, NewMe promotes individuality and self-expression by offering fashionable apparel that reflects the latest trends in streetwear and runway styles. By focusing on affordability and accessibility, NewMe empowers its customers to embrace their unique identities through contemporary fashion choices.

FS Life

Series B in 2022
FS Life is a House of Brands focused on providing apparel and lifestyle products for modern Indian women. Launched in 2016 by Ayushi Gudwani, FableStreet initially specialized in premium workwear. However, in response to changing market demands, the brand evolved into a multi-category western wear label, expanding its offerings to include evening and day wear. The success of FableStreet led to the establishment of two additional brands: Mikoto, which offers affordable high-quality sterling silver and semi-precious jewelry, and Marigold, a contemporary take on traditional Indian wear. In July 2022, FableStreet transitioned into FS Life, emphasizing the creation of a collection of domestic direct-to-consumer lifestyle brands that cater to the needs of today’s women in the mass-premium to premium segments. The company aims to address unmet apparel and lifestyle demands while ensuring that women feel confident and stylish in their daily lives.

10club

Series A in 2022
10club is a company focused on acquiring and scaling small brands that operate in the e-commerce space, particularly in the home and kitchen categories. It identifies businesses that have established a strong foundation but struggle to expand in a competitive environment dominated by major platforms like Amazon and Flipkart. By providing these brands with the resources and expertise needed for growth, 10club enables entrepreneurs to exit their ventures while reaping the benefits of their hard work. The company offers a diverse range of products, including kitchenware, home furnishings, garden tools, and fitness accessories, aiming to enhance the comfort and aesthetic appeal of customers' homes.

Smytten

Series B in 2022
Smytten is an online discovery platform focused on premium products and services, founded in 2015 by Swagata Sarangi and Siddhartha Nangia. It caters to the direct-to-consumer market by providing a unique platform for free trials and curated shopping experiences across various categories, including beauty, skincare, male grooming, food and beverages, and smart technology. Smytten enhances the shopping experience with assisted shopping features, customized offers, and the ability for users to create personalized wishlists for regular purchases, allowing consumers to test products before making a purchase decision.

Smytten

Series A in 2021
Smytten is an online discovery platform focused on premium products and services, founded in 2015 by Swagata Sarangi and Siddhartha Nangia. It caters to the direct-to-consumer market by providing a unique platform for free trials and curated shopping experiences across various categories, including beauty, skincare, male grooming, food and beverages, and smart technology. Smytten enhances the shopping experience with assisted shopping features, customized offers, and the ability for users to create personalized wishlists for regular purchases, allowing consumers to test products before making a purchase decision.

10club

Seed Round in 2021
10club is a company focused on acquiring and scaling small brands that operate in the e-commerce space, particularly in the home and kitchen categories. It identifies businesses that have established a strong foundation but struggle to expand in a competitive environment dominated by major platforms like Amazon and Flipkart. By providing these brands with the resources and expertise needed for growth, 10club enables entrepreneurs to exit their ventures while reaping the benefits of their hard work. The company offers a diverse range of products, including kitchenware, home furnishings, garden tools, and fitness accessories, aiming to enhance the comfort and aesthetic appeal of customers' homes.

FS Life

Series A in 2019
FS Life is a House of Brands focused on providing apparel and lifestyle products for modern Indian women. Launched in 2016 by Ayushi Gudwani, FableStreet initially specialized in premium workwear. However, in response to changing market demands, the brand evolved into a multi-category western wear label, expanding its offerings to include evening and day wear. The success of FableStreet led to the establishment of two additional brands: Mikoto, which offers affordable high-quality sterling silver and semi-precious jewelry, and Marigold, a contemporary take on traditional Indian wear. In July 2022, FableStreet transitioned into FS Life, emphasizing the creation of a collection of domestic direct-to-consumer lifestyle brands that cater to the needs of today’s women in the mass-premium to premium segments. The company aims to address unmet apparel and lifestyle demands while ensuring that women feel confident and stylish in their daily lives.

Azani Sports

Venture Round in 2019
Azani Sports is a sportswear manufacturer based in Bengaluru, India, specializing in a range of products including shoes, compression tops, t-shirts, and combo shorts. The company was founded by a former professional athlete who aimed to create high-quality performance apparel accessible to athletes at all levels. Azani Sports has achieved notable recognition, including being a Collegiate National Champion in the USA and winning a medal at the Asian Games, highlighting its commitment to excellence in sports apparel. The company has also made significant strides in the global sports community, having ranked among the top 40 in squash.

Azani Sports

Seed Round in 2019
Azani Sports is a sportswear manufacturer based in Bengaluru, India, specializing in a range of products including shoes, compression tops, t-shirts, and combo shorts. The company was founded by a former professional athlete who aimed to create high-quality performance apparel accessible to athletes at all levels. Azani Sports has achieved notable recognition, including being a Collegiate National Champion in the USA and winning a medal at the Asian Games, highlighting its commitment to excellence in sports apparel. The company has also made significant strides in the global sports community, having ranked among the top 40 in squash.

boAt

Venture Round in 2018
boAt is a lifestyle brand that deals with fashionable consumer electronics including earphones, headphones, speakers, travel chargers, and premium rugged cables. boAt's products blend into people's daily lifestyle, almost to the point of being a fashion accessory and a perfect fit for their ambient surroundings.

Pipa.Bella

Series A in 2018
Pipa.Bella currently offers custom-made and ready-made fashion jewelry at affordable prices to over 40,000+ customers across India through an innovative online platform and aims to reach to 1.5 lakh customers over the next twelve months. With few branded players in the fashion jewelry segment, Pipa.Bella aims to solve a pain point that many women face while shopping for jewelry - branded jewelry is either overpriced with high mark-ups, or unbranded jewelry is cluttered and lacks any proper curation or style guidance. Pipa.Bella launches approximately 100 new styles every week that are all priced well between INR 500 - 3000. The demand for fashion jewellery has grown significantly in the last few years due to high prices of gold and silver and is estimated to be a $6 billion market. The brand has hit operational profitability in FY 17-18 and is aiming to be cash flow positive in the next twelve months. Pipa.Bella targets the 22-35-year-old urban woman who is fashion-conscious, social media savvy and is quick to adapt to latest trends. Pipa.Bella derives its name from two European words that describe the company's range of products and customers. A typical "Pipa" woman is bold, edgy and always ready to experiment and a typical "Bella" woman is a classicist, graceful, more conservative. The brand celebrates the different styles that exemplify these two aesthetics through its product range, which consist of earrings, necklaces, bracelets and rings, sterling silver jewelry, charms, personalized jewelry, wedding jewelry Pipa.Bella is a recipient of the Google SMB Heroes 2017 Award, Top 25 Startups by Singapore's Javelin Startup-O Victory Fund, and Digital Women in E-Commerce 2017 Award by Shethepeople.tv. The brand has been worn on top Bollywood celebrities and has been featured in International fashion and business publications such as Vogue, Harpers, Femina, Grazia, Cosmopolitan, Elle, Economic Times, and Wall Street Journal.
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