Fireside Ventures raises $225 million for third fund

Fireside Ventures announced that it has raised third fund at $225 million (₹1,830 crore), which is the largest capital raised yet by the five-year-old firm. The early-stage investor said the new fund would invest in about 25-30 Indian startups focusing on the health and wellness, lifestyle and consumer goods categories. Investors include SBI, ITC and Premji Invest, among other firms.