IIFL Fintech Fund has secured Rs 200 crore in its second fund from local family offices and high-net-worth individuals.The fund will focus on investing in Indian fintech startups, particularly those working in the generative AI sector.Since its establishment in 2021, IIFL Fintech Fund has supported 14 startups and experienced a 22.5x revenue growth in the past three years.Recently, the fund led a Rs 80 crore Series B funding round in GrayQuest, a fintech startup focused on education.