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. We can then double down in any one company.
You will invest 40

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