American hedge fund Steadview Capital plans to invest $500 million in growth-stage companies in India over the next two years, two people aware of its strategy said. The hedge fund, which has previously invested in unicorns, such as Flipkart and Ola, is looking at consumer internet startups in vertical e-commerce, content and fintech. “Steadview could invest up to $100 million in a single firm if the company’s financial metrics justify heavy capital,” the first person cited above said.