India, March 20 -- Early stage VC firm All In Capital has launched its second venture capital fund with a target corpus of INR 200 Cr ($23.2 Mn).

In a statement, the firm said that the fund also has a greenshoe option of INR 100 Cr, taking its total corpus to INR 300 Cr ($34.8 Mn).

All In Capital said it has already marked the first close of Fund II at INR 85 Cr, with investments from prominent family offices across India and overseas.

The fund will invest up to INR 5 Cr each in 50 startups over the next three years, with select startups getting follow-on investments. While the fund is sector agnostic, it would have a special focus on consumer tech, deeptech, fintech, and consumer brands.

All In Capital said it has already made some i...