India, March 27 -- Early-stage venture capital firm 2am VC has launched its second fund with an aim to invest in 30 Indian startups, predominantly in pre-seed to seed stage.

The VC firm plans to invest in sectors across consumer tech, fintech, food and beverage, artificial intelligence and SaaS.

"60% of the fund will be committed to initial investments and the remaining 40% to support founders in follow-on investments," 2am VC said in a statement.

2am VC, which has offices in Mumbai, Bengaluru, Delhi NCR and Los Angeles, launched its debut fund in 2021 with a target corpus of $10 Mn.

The VC firm is led by founding partners Hershel Mehta and Brendan Rogers. Mehta brings investment experience via Mehta Ventures and has backed a number o...