Mumbai-based VC firm Cornerstone Ventures is planning to close its $200 Mn second fund by the end of 2025.
The firm has already raised $40 Mn and aims to close another $10 Mn to $15 Mn in April.
The second fund will focus on industries such as logistics, healthcare, financial services, retail and ecommerce enablers, and technology marketplaces.
Cornerstone Ventures aims to attract 60% of investments from institutions and raise $130 Mn from domestic investors.