All In Capital Launches INR 200 Cr Fund II

SUMMARY

The fund also has a greenshoe option of INR 100 Cr, taking its total corpus to INR 300 Cr ($34.8 Mn)

All In Capital has already marked the first close of Fund II at INR 85 Cr, with investments from prominent family offices across India and overseas

The fund will invest up to INR 5 Cr each in 50 startups over the next three years, with select startups getting follow-on investments

Early stage VC firm All In Capital has launched its second venture capital fund with a target corpus of INR 200 Cr ($23.2 Mn).

In a statement, the firm said that the fund also has a greenshoe option of INR 100 Cr, taking its total corpus to INR 300 Cr ($34.8 Mn).

All In Capital said it has already marked the first close of Fund II at INR 85 Cr, with investments from prominent family offices across India and overseas. 

The fund will invest up to INR 5 Cr each in 50 startups over the next three years, with select startups getting follow-on investments. While the fund is sector agnostic, it would have a special focus on consumer tech, deeptech, fintech, and consumer brands.

All In Capital said it has already made some investments from the second fund, including in FMCG brand Taakat, medtech platform MedMitra, gaming studio Spill Games, shapewear brand Krrvy, and AI animation company Mixar.

Commenting on the launch of the fund, All In Capital cofounder Aditya Singh said, All In Capital was built on the belief that the boldest companies of tomorrow are being forged today. The pre-seed stage is where the real risk—and real opportunity—exists, and we’re here to back visionary founders with deep conviction, offering not just capital but hands-on support, mentorship, and a network that accelerates their journey.”

Founded by Kushal Bhagia and Singh in 2022, All In Capital is a pre-seed and seed stage firm that backs tech startups.

The firm launched its first fund in 2022 and has deployed $11 Mn in 51 startups from it, with 50% of the startups securing follow-on rounds. It counts MeetRecord, Hotelzify, NewMe, SuperNova, Vaaree, Volt, Slick, Arva, PierSight, among others, in its portfolio.

The development comes at a time when a number of investment firms have been launching new funds to back Indian startups, as the country’s startup ecosystem continues to flourish.

Just yesterday, Singapore-based Venturi Partners launched its second fund with a corpus of $225 Mn to back consumer brands in India and Southeast Asia. 

Earlier this month, US-based Bessemer Venture Partners closed its second India-focussed fund with a corpus of $350 Mn (INR 3,052.3 Cr) and Prime Venture Partners launched its fifth fund with a corpus of $100 Mn.

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