Venture Intelligence (TSJ Media Pvt. Ltd.)
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Good Capital makes first close of $50 M Fund II
Good Capital, an early-stage venture capital firm, has made a first close for its USD 50 million (INR 410 crore) second fund at 50% of the target corpus. The firm, led by brothers and co-GPs Arjun and Rohan Malhotra aims to back startups that use artificial intelligence (AI) for growth. The latest fund comes four years after the seed-stage investor launched its USD 25 million maiden fund in 2019. The firm ended up deploying about USD 45 million which included co-investments from limited partners in 25 startups.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.