Early-stage venture capital firm YourNest has launched its second fund, YourNest India Fund II, with a target corpus of INR 300 Crore ($45 million). The Fund II will focus on pre-Series A funding of about 25-30 technology startups over the next 3-4 years. YourNest will focus on sectors including Internet of Things, electronic system design, artificial intelligence, advanced robotics, enterprise software and mobile Internet.