All In Capital, a pre-seed venture fund, has launched its second fund with a target corpus of ₹200 crore. The fund also includes a greenshoe option of another ₹100 crore, bringing its total capacity to ₹300 crore.
For Fund-II, the firm has already marked the first close at ₹100 crore, securing investments from prominent family offices across India and overseas.
The fund’s focus is on consumer tech, deeptech, fintech, and consumer brands. The firm has already made a few investments from Fund II, including Taakat (a mass-market FMCG brand); MedMitra (an AI co-pilot for doctors); Spill Games (a mobile gaming studio); Krrvy (a shapewear and lingerie brand for modern Indian women); and Mixar (an AI start-up for 3D modelling and animation).
Portfolio
With a portfolio that includes early bets on companies like PierSight Space, NewMe, Magma, Vaaree, and MeetRecord, the firm has first fund deployed $11 million, backing 51 start-ups—with nearly half securing follow-on rounds. With Fund-II, it plans to invest in 50 more companies over the next three years, writing first cheques of up to ₹5 crore while also deploying follow-on investments in select winners.
Commenting on Fund-II, Kushal Bhagia, Founding Partner of All In Capital, said, “Across my 13-year career as an entrepreneur, operator, and investor in India, I have never been more bullish. The India story is just taking off—brilliant young Indians are choosing to stay back, raise capital, and build products and companies that are poised to impact millions. I consider it the privilege of my life that so many of them choose us as their first backers.”
Aditya Singh, Co-founder of All In Capital added, “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.”
