Venture Capital
Last week, Kae Capital, an early-stage venture capital firm, closed its second fund at $53 million. SASHA MIRCHANDANI, founder and managing director, tells Ranju Sarkar why he's bullish on consumers and consumer internet. Edited excerpts:How will your second fund differ from the first? It will be relatively similar. However, we will invest in non-tech, consumer-facing businesses in this fund. Also, we will invest up to a million dollars in the seed round, whereas we invested a maximum of $500,000 on this in our first fund.

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