Venture capital firm 2am VC has launched its second fund to invest in 30 Indian startups across consumer tech, fintech, AI, food & beverage, and global SaaS.
The firm will allocate 60% of the fund for initial investments and 40% for follow-on rounds.
2am VC has previously invested in 47 companies, including NEWME, Apna Mart, Bimaplan, and Karbon Card.
The firm focuses on early-stage startups, mainly at the pre-seed to seed stage, and aims to support young and first-time Indian founders.