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Good Capital launches $50m fund to back Indian AI startups

By Viestories
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Good Capital, a seed-stage, India-focused venture capital firm, recently unveiled a new $50 million fund to support founders who are utilising AI for marketing, customer personalization, or business management.

Good Capital, a seed-stage, India-focused venture capital firm, recently unveiled a new $50 million fund to support founders who are utilizing AI for marketing, customer personalization, or business management.

According to Good Capital, the fund will be invested with target cheques of up to $1.5 mn over the following four years. The VC firm invested in unicorn companies like Meesho and LEAD School very early on, as per reported by The Economic Times.

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"Integrating AI is now table stakes for any startup. Much like the platform shift to mobile in the past, the success of tech businesses will depend on how they leverage AI", said Good Capital co-general partner Arjun Malhotra.

Good Capital invests in Indian technology startups. Investopad founders Arjun and Rohan Malhotra founded the venture capital firm in 2019. Good Capital invests in many sectors, but they prioritise software that helps middlemen, traders, and micro-SMEs.

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"We invest with deep conviction by being lead investors for every investment we make", said Good Capital co-GP Rohan Malhotra.

About Good Capital

The company known as Good Capital is an early-stage venture investment firm that invests in technology products aimed at resolving issues that are specific to India.

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