🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

2am VC launches Fund II to invest in 30 Indian startups

EntrackrEntrackr · 3m ago
2am VC launches Fund II to invest in 30 Indian startups
Medial

2am VC launches Fund II to invest in 30 Indian startups 2am VC, an early-stage India-only venture capital firm, has announced the formal launch of 2am VC Fund II. The fund will invest in innovative areas generated by the New India opportunity, including startups in consumer tech, fintech, food & beverage, AI, and global SaaS. According to 2am VC, Fund II plans to invest in up to 30 Indian startups, predominantly at the pre-seed to seed stage, aspiring to lead investment rounds and take meaningful ownership in companies to provide operational value to founders. 60% of the fund will be committed to initial investments, leaving 40% to support founders in follow-on investments. 2am VC connects global investors with Indian founders as a hyperlocal partner, curating deal flow for global investors into the next generation of Indian founders while unlocking global resources for Indian founders to reach international networks and opportunities. The firm is dedicated to speed, transparency, founder-friendliness, and cross-border synergies, blending operational agility and institutional processes to effectively secure deals and go above and beyond to support founders. 2am VC states that it examines the key elements driving the New India, as founders build companies to tap into uniquely Indian contexts to better serve Indian end-users. The maturation of foundational models is giving way to new niche categories that meet emerging needs. The firm goes the extra mile to support founders as their hyperlocal and hyperglobal partners by introducing key relationships, arranging customers, and offering targeted guidance to support growth and achieve product-market fit. 2am VC has closed a $10 million Fund I. To date, 2am VC has invested in 47 companies, including notable startups such as NEWME, Apna Mart, Bimaplan, and Karbon Card, among others. Launched in 2021 by Hershel Mehta and Brendan Rogers, 2am VC is an early-stage Indian venture capital firm investing in innovative startups. With offices in Mumbai, Bengaluru, Delhi NCR, and Los Angeles, 2am VC blends the best of both East and West through the firm’s India Beachhead Strategy.

7

Related News

Gemba Capital launches Rs 250 Cr Fund-II

EntrackrEntrackr · 11m ago
Gemba Capital launches Rs 250 Cr Fund-II
Medial

Gemba Capital, a Sebi-registered micro VC firm, has announced the launch of its second fund with a corpus of Rs 250 crore (around $30 million), including a green shoe option of Rs 50 crore ($6 million). As per Gemba, Fund-II will invest in around 30 early-stage ‘Platform-first’ businesses across fintech, consumer tech and B2B platforms with first cheque of Rs 5 crores and 30% reserve ratio for making follow-on investments. Founded in 2018, Gemba Capital invests at seed and pre-seed stage in scalable tech startups. It has backed over 120 founders across 50 startups in fintech, consumer tech and B2B platforms since its inception. Some of the notable portfolio companies arePlum (Insurtech), Grip Invest, Wint Wealth, Strata, Navadhan, Zuper, Showroom, Smartstaff, ClickPost and LightFury.

Kettleborough VC launches fund II with Rs 80 Cr target, closes Rs 35 Cr in first tranche

EntrackrEntrackr · 1d ago
Kettleborough VC launches fund II with Rs 80 Cr target, closes Rs 35 Cr in first tranche
Medial

Venture capital firm Kettleborough VC, founded by early-stage investor Nisarg Shah, has launched its second fund with a target corpus of Rs 80 crore and announced a first close at Rs 35 crore. The fund is backed by a mix of family offices and entrepreneurs from India and the US. According to Kettleborough, Fund II will continue to invest in deeply experienced founders at the earliest stages, typically those with over 10 years of domain expertise and a strong execution focus. The firm will write initial cheques of $300,000–$500,000 in about 10 startups, with significant follow-on reserves for high-performing bets. Founded in 2021, Kettleborough VC has built a name as a conviction-led, construct-specific fund. Its Fund I backed 12 startups including Zippmat, InPrime, Finhaat, and Elivaas, nine of which received their first institutional cheque from Kettleborough. These portfolio companies have since raised follow-on rounds from investors like Omnivore, Lightspeed, 3one4, and Bessemer. “We only back founders for whom the startup is a natural outcome of a decade-long journey in their domain. Fund I has validated this thesis with strong portfolio traction and early PMF. Fund II doubles down on this conviction,” said Shah. Kettleborough added that it focuses on “Dhandha-first” businesses, with interest across financial services, commerce infrastructure, and vertical SaaS/AI platforms. Shah has personally backed over 30 startups, with 10 exits and 80 follow-on rounds, including hits like Foxtale, Onebanc, and Homeville.

Download the medial app to read full posts, comements and news.