2am VC, an early-stage India-focused venture capital firm, has officially launched 2am VC Fund II, aimed at investing in startups leveraging the New India opportunity. The fund will focus on high-growth sectors, including consumer tech, fintech, food & beverage, artificial intelligence (AI), and global SaaS.
With Fund II, 2am VC plans to invest in up to 30 Indian startups at the pre-seed to seed stage. The firm aims to lead funding rounds and take significant ownership in its portfolio companies to offer operational expertise and value to founders. The allocation strategy designates 60% of the fund for initial investments, while 40% is reserved for follow-on investments to support portfolio companies as they scale.
2am VC serves as a bridge between global investors and Indian entrepreneurs, acting as a hyperlocal partner that facilitates deal flow and unlocks international resources. By providing access to global networks and opportunities, the firm enables Indian founders to scale beyond domestic markets. Committed to speed, transparency, founder-friendly practices, and cross-border synergies, 2am VC blends institutional investment discipline with operational agility to secure high-potential deals and deliver extensive support to its portfolio companies.
Recognizing the evolving needs of the Indian market, 2am VC evaluates key factors shaping the country’s startup landscape. As foundational business models mature, niche sectors are emerging, addressing uniquely Indian challenges and consumer needs. The firm actively supports founders by fostering essential connections, arranging customer acquisition strategies, and providing tailored guidance to help them achieve product-market fit and sustainable growth.
Previously, 2am VC successfully closed a $10 million Fund I, deploying capital into 47 companies, including prominent startups such as NEWME, Apna Mart, Bimaplan, and Karbon Card.
Founded in 2021 by Hershel Mehta and Brendan Rogers, 2am VC operates from Mumbai, Bengaluru, Delhi NCR, and Los Angeles. The firm employs its India Beachhead Strategy to seamlessly merge expertise from both Eastern and Western markets, ensuring optimal outcomes for startups in its portfolio.
