India, Sept. 16 -- Ex-100Unicorns' partners Rajesh Mane and Ankit Jain have launched a new venture capital (VC) firm Spotlight Strategic Partners to back early-stage Indian startups across various sectors.

Mane informed Inc42 that the VC firm has also launched its maiden early-stage focused fund, "Spotlight Strategic Partners Fund", with a corpus of INR 200 Cr. "Spotlight is intentionally limited in size, enabling us to work closely with a select group of founders and LPs. This focus allows us to go deeper, move faster, and create lasting outcomes," he said.

The recently launched VC firm will be focusing on backing 18-20 startups at the pre-seed and seed stages with initial investments in the range of INR 3 Cr to 5 Cr range and "capacit...