Portobello Capital

About The Fund

Portobello Capital, also known as Fireside Ventures on their website, is a venture capital fund headquartered in Bengaluru, India. They specialize in early-stage, expansion, management buyouts (MBO), and leveraged buyouts (LBO) within the equity domain. With a deep expertise in equity investments, the fund operates primarily in the venture capital sphere, backing innovative companies across a diverse set of industries including Software (Web Marketplace SaaS, etc.), Education, FinTech (& Financial Services), Hardware (& Manufacturing), HealthTech (& Fitness), Food & Beverage, and Aerospace (& Defense). Portobello Capital aims to build iconic and purposeful consumer brands, particularly focusing on responsible consumer brands in India, and provides sector-specific support that is well-suited to early-stage founders. Touting approximately ~3000Cr in capital managed and a portfolio comprising 53 companies, the firm leverages the diversity of perspectives within its team to offer more than just capital. They emphasize digital-first businesses with the intent to make life better and help the world thrive. Throughout their 8-year journey, they've launched 3 funds and grown to a 27 member team. Portobello's investment thesis revolves around nurturing purpose-led early-stage consumer brands with a digital-first approach, ideally scaling from India to global markets. They carry a particular interest in companies that integrate social good into their business models, as emphasized in their 'Value of Good' principle. The fund also seeks to foster a diverse ecosystem and is open to engaging with seed-stage startups through their platform 'Fireside Ignite', which provides resources and insights to burgeoning entrepreneurs. Their portfolio covers innovative products and services across sectors, evidencing their commitment to diversifying investments and supporting digital transformation.