2am VC, a Us-Domiciled early-stage venture capital firm focused on assisting young and Gen Z India, is gearing up to invest USD 10 million in more than 50 Indian startups by the end of next year.
2am VC has already made ten investments in the first four months of this financial year. Moreover, it has also made commitments to complete five more investments by the end of this quarter. Its list of portfolio companies includes – Bimaplan, an affordable insurance company; Karbon Card, a corp credit card for Small and Medium Enterprises (SMEs) and startups; and BurnCal, a digital fitness trainer. In addition, 2am VC has co-invested with Titan Capital, 3one4 Ventures, Inflexor VC, 100X.VC, LSIP, Y-Combinator, India Quotient, Orios Ventures, and iSeed.
Hershel Mehta, Co-founder, and Partner of 2am VC, said, “Our family has been backing young Indian entrepreneurs for over 10 years, we are and always will be unreasonably long on India. We aspire to be our US VC investor base’s boots on the ground and eyes and ears for decoding the Indian startup ecosystem. We aim to win, and win BIG with Indian entrepreneurs”
Co-founder & Partner of 2am VC, Brendan Rogers, said, “I firmly believe India is the next Silicon Valley. Global venture funds are keen to access early-stage deals in the subcontinent. We at 2am VC aim to be that game-changing factor. With a rising number of people adopting digital products and the amount of capital being invested at the early stage, this rapidly growing ecosystem will continue to thrive. Having raised over $350M from top global VC’s like Softbank and General Catalyst uniquely positions me to help startup navigate fundraising landscapes”