<ul><li>Early-stage venture capital firm 2am VC has launched its second fund and plans to invest in 30 Indian startups, primarily in the consumer tech, fintech, food and beverage, AI, and global SaaS sectors.</li><li>The fund aims to provide 60% of the investments initially and allocate 40% to support follow-on investments for the founders.</li><li>2am VC connects global investors with Indian founders as a hyperlocal partner and aims to challenge outdated misconceptions about India's venture ecosystem.</li><li>The venture capital firm had previously closed its first fund with $10 million and has invested in 47 companies including NEWME, Apna Mart, Bimaplan, and Karbon Card.</li></ul>

2am VC launches second fund; to invest in consumer tech, fintech and AI

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