An undisclosed US university endowment has helped the consumer-focused venture firm hit a $118m final close for its second fund, surpassing its $100m target in the process.

India-based venture capital firm Fireside Ventures has closed its second fund at Rs 8.63bn ($118m), raising capital from limited partners (LPs) including an unnamed large US university endowment, VCCircle has reported. The firm initially targeted $100m for Fireside Fund II and secured $60m for its November 2019 first close, having picking up a commitment from…

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