2am VC has launched its second fund to invest in up to 30 Indian startups, focusing on consumer tech, fintech, food and beverage, AI, and global SaaS.
60% of the fund will be allocated for initial investments, while 40% will be reserved for follow-on investments to support founders through later stages of growth.
2am VC aims to support India's next generation of founders by leveraging its extensive resources in the Indian ecosystem and serving as a hyperlocal partner.
The firm has already invested in 47 startups and closed a $10 million Fund I, blending Indian and international perspectives to tap into India's consumer markets.