Currently, 80% of Good Capital's pipeline consists of companies leveraging AI across a variety of industries
press trust of india New Delhi
Mauritius-based venture capital firm Good Capital on Friday said it plans to invest $25 million, or about Rs 200 crore, in Indian AI startups this fiscal year.
The investment will be made from US$50 million of Good Capital Fund II assets and is expected to be used by 2027.
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“The total funding is $50 million and will be used by 2027,” said Arjun Malhotra, General Partner at Good Capital. He said that he is planning to introduce this by 2025.
“The company, which invests in technology products that solve India-centric problems, announced plans to invest $25 million in AI startups by FY2025. These investments will primarily be in cleantech, e-commerce, edtech, and healthtech. , SaaS, and deep tech, Good Capital said.
The company invests in 15-20 AI startups across early and Series A funding stages using AI and LLM (Large-Scale Language Models), empowering intermediaries rather than global trends The company plans to create new businesses through an investment strategy that supports startups. The statement called it “confusion.”
Currently, 80% of Good Capital's pipeline consists of companies leveraging AI across a variety of industries.
“At Good Capital, we are focused on leveraging the inherent potential of India’s unique structure as a small business economy. We leverage the expertise of local intermediaries to ensure low acquisition costs and We focus on investing in startups that offer services and products with high conversion rates,” said Malhotra.
Good Capital's portfolio consists of over 25 startups, including unicorns like Meesho and LEAD, as well as promising ventures like Entri and Solar Square.
