Mauritius-based venture capital firm Good Capital announced plans to inject USD 25 million into Indian AI startups, focusing on sectors such as cleantech, e-commerce, and healthtech. Arjun Malhotra, General Partner at Good Capital, highlighted the firm’s commitment to investing in startups that leverage local intermediaries to offer innovative services and products tailored to India’s unique market. With a total fund of USD 50 million, Good Capital aims to utilize AI and LLM to support startups empowering intermediaries, bucking the global trend of disruption. The investment strategy will target 15-20 AI startups across early-stage and Series-A funding stages. Good Capital’s portfolio includes successful ventures like Meesho and LEAD, showcasing its dedication to nurturing promising startups in the Indian AI ecosystem.
Good Capital to Invest $25 Million in Indian AI Startups by 2025
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