Mauritius-based DSG Consumer Partners, an early-stage consumer-focused investment firm, has collected $65 million for its third venture capital fund.

DSG Consumer noted that the third fund will invest in seed and Series A rounds of $500,000 to $2 million, and will invest a maximum of 15 percent of the fund in a company.

The firm added that it is also raising its second add-on fund, a fund dedicated to backing the best companies from its own portfolio, as they raise Series B rounds and beyond.

More so, along with the third fund’s closure, DSG Consumer has also held the first close of its add-on fund at $35 million.