India: Early-stage VC 8i Ventures to raise $50m for second fund from global institutions

Photo by Josh Appel on Unsplash

8i Ventures, an Indian early-stage VC firm, is in the process of raising $50 million for its second fund to invest in consumer and fintech sectors across the country.

Established in 2018, 8i Ventures had a corpus of $15 million for its first fund of which 40 per cent has been exhausted. Its portfolio companies include Blue Tokai Coffee, and card issuing platform M2P, among others.

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