2am VC Launches $10M Fund II to Back 30 Promising Indian Startups – Transforming Innovation and Growth

2am VC, an early-stage venture capital firm in India, has launched its second fund, 2am VC Fund II, with a target to invest in up to 30 startups. The fund will focus on sectors such as consumer tech, fintech, AI, food & beverage, and global SaaS. With a commitment of 60% for initial investments and 40% for follow-ons, the firm plans to lead investment rounds and take significant ownership in the startups. 2am VC aims to connect global investors with Indian founders, offering both financial backing and operational support. By focusing on India’s growing innovation landscape, the firm helps startups achieve product-market fit and scale.

It blends local expertise with international resources to accelerate growth. To date, 2am VC has invested in 47 startups, including NEWME and Karbon Card. The firm operates out of offices in Mumbai, Bengaluru, Delhi NCR, and Los Angeles.

2am VC Launches $10M Fund II to Back 30 Promising Indian Startups – Transforming Innovation and Growth

Venture capital firm 2am VC has announced the launch of its second fund, 2am VC Fund II, reinforcing its commitment to nurturing early-stage startups in India. The fund will target up to 30 Indian startups, primarily in their pre-seed and seed stages, with a strategic focus on high-growth sectors such as consumer technology, fintech, food and beverage, artificial intelligence (AI), and global Software-as-a-Service (SaaS). By leading investment rounds and securing significant stakes in these companies, the firm aims to empower founders with both capital and hands-on operational guidance.

Investment Strategy: Flexibility and Long-Term Support

The fund has allocated 60% of its capital for initial investments, ensuring startups receive critical early-stage funding. The remaining 40% is reserved for follow-on investments, allowing 2am VC to double down on high-potential ventures as they scale. This approach reflects the firm’s emphasis on building enduring partnerships with founders and supporting them through multiple growth phases.

Bridging Global Networks with Local Expertise

A cornerstone of 2am VC’s strategy is its ability to connect Indian entrepreneurs with global investors and resources. By leveraging cross-border networks, the firm provides startups with access to international markets, mentorship, and industry insights. This global-local synergy is designed to help startups refine their product-market fit, accelerate growth, and navigate scaling challenges. The firm operates with a culture of speed and transparency, prioritizing swift decision-making to capitalize on emerging opportunities in India’s fast-paced startup ecosystem.

Focus on India’s Rising Innovation Wave

2am VC is positioning itself to tap into India’s rapidly evolving innovation landscape, particularly startups addressing the changing needs of Indian consumers. Sectors like fintech and consumer tech are witnessing explosive growth, driven by increasing digital adoption and a young, tech-savvy population. The firm’s investments in AI and global SaaS also highlight its confidence in Indian startups’ potential to compete on a worldwide stage. With deep local market knowledge and global connections, 2am VC aims to identify ventures that blend scalability with real-world impact.

Track Record: Building a Portfolio of Disruptors

The firm’s first fund, which closed at $10 million, backed 47 startups across diverse industries. Notable names in its portfolio include fashion e-commerce platform NEWME, grocery delivery service Apna Mart, insurance-tech startup Bimaplan, and fintech company Karbon Card. This experience has honed 2am VC’s ability to spot promising founders early and provide tailored support, from refining business models to facilitating partnerships.

Founders and Vision: Blending East-West Perspectives

Founded in 2021 by Hershel Mehta and Brendan Rogers, 2am VC combines insights from India’s dynamic startup environment with global best practices. The firm maintains offices in Mumbai, Bengaluru, Delhi NCR, and Los Angeles, enabling it to bridge cultural and operational gaps for founders. Mehta and Rogers bring complementary expertise—rooted in local market understanding and international scaling strategies—to help startups navigate challenges from ideation to expansion.

Why This Matters for Indian Startups

For early-stage founders, securing capital is just one piece of the puzzle. 2am VC differentiates itself by offering operational support, such as talent acquisition, go-to-market strategies, and regulatory guidance. This hands-on approach is critical for startups aiming to transition from concept to scalable business. Additionally, the firm’s global networks open doors to partnerships, customers, and investors beyond India’s borders—a key advantage for SaaS and tech startups targeting international markets.

Looking Ahead

With Fund II, 2am VC is poised to deepen its impact on India’s startup ecosystem. By focusing on sectors aligned with macroeconomic trends—such as digital finance, AI-driven solutions, and consumer-centric innovations—the firm aims to back businesses that redefine industries. Its hybrid model of local expertise and global reach positions it as a catalyst for startups ready to scale sustainably.

For investors, the fund represents an opportunity to engage with India’s growth story through a curated portfolio of high-potential ventures. For founders, it offers more than capital—it’s a partnership built on trust, agility, and a shared vision for long-term success. As India solidifies its position as a global innovation hub, 2am VC’s role in shaping the next generation of entrepreneurs will be one to watch.