Consumer brands set for bigger exits, says Sauce's Manu Chandra
India's new-age consumer brands are entering a phase offering larger exits to investors, with strategic acquisitions becoming more frequent as companies scale, Sauce founder Manu Chandra told ET. Chandra, who won the Midas Touch award for best investor at The ET Startup Awards 2026, said Sauce earned an estimated Rs 500-550 crore from L'Oreal's acquisition of Innovist, where it had invested Rs 50-55 crore. He expects brands with Rs 1,500-2,000 crore revenue to command Rs 10,000-12,000 crore valuations.