India, July 6 -- Japan-based Suzuki Motor's Next Bharat Ventures has launched its second impact investment fund with a corpus of Rs.2,000 Cr for Indian startups.

The fund will focus on early and growth stage startups and will have an average ticket size of $500K to $1 Mn (about Rs.4.8 Cr to Rs.9.6 Cr), significantly higher than the Rs.1 Cr to Rs.5 Cr it disbursed from the first fund.

The new fund is expected to start making investments in the next month, with a target to make 10-12 deals per year over the next four years. Notably, half of the fund's corpus will be allocated to a fund-of-funds strategy, investing as a limited partner in high-performing VC firms, allowing the fund to hedge the risks associated with its impact investments....