Minerva Ventures Fund bought 2,42,000 shares of Encompass Design for ₹5.83 Cr at ₹241.00 apiece in a bulk deal.
A consumer brand builder and scaler operating in India's trading and distribution sector, Encompass Design develops and grows brands across multiple categories. The company focuses on identifying market opportunities and establishing distribution networks to bring consumer products to Indian markets. Known by its operating brand ScaleSauce, it combines brand development expertise with comprehensive distribution capabilities to support product launches, market expansion, and long-term brand growth in India.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.
