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.