Good Capital, a Mauritius-based early-stage venture capital firm, has committed about $25 million to invest in artificial intelligence (AI) startups in India by the end of fiscal year 2025. This dedicated fund will be sourced from the firm’s $50 million Good Capital Fund II, anticipated to be fully deployed by 2027.
The firm intends to allocate funds to 15 to 20 AI startups during their early-stage and Series A funding rounds. Good Capital’s investment strategy focuses on supporting startups within sectors such as cleantech, e-commerce platforms, educational technology, health-tech and SaaS. Rather than seeking to disrupt entire industries, the firm aims to back startups that empower intermediaries. This commitment reflects Good Capital’s confidence in AI’s potential to foster innovation and generate fresh opportunities within the Indian startup ecosystem.
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