India, Jan. 23 -- Venture capital firm Eximius Ventures has launched its second fund with a target corpus of $30 Mn.

With Fund II, the pre-seed focussed VC firm is looking to invest in 25-30 companies across fintech, artificial intelligence (AI)/software-as-a-service (SaaS), frontier tech and consumer tech.

Eximius Ventures has kept the initial ticker size per investment worth $500K while reserving "half of the corpus for follow-on investments, to further support its high-potential portfolio companies," the VC firm said in its statement.

Its Fund II has invested in four companies so far across consumer tech and AI/Saas, the statement added. Eximius Ventures has either led or co-led these investments along with other investors.

(The st...