TechCrunch reports that Good Capital, a VC fund that would invest in early-stage startups in India has been set up.
Run by two brothers Rohan Malhotra & Arjun Malhotra, they plan to use Good Capital’s maiden fund of US $25 million to invest in about half a dozen startups in a year.
Good Capital will focus on investing in startups that are building solutions that address users who have come Online in India for the first time in the last two years, they said.
On its Website, Good Capital has said:
While we don’t have a sector-specific focus, we tend to invest in technology products solving India-centric problems. We’re generally quite excited about software that can enable middlemen, traders, and micro-SMEs through technology – Meesho and Wealthy are two examples from our portfolio.
