Symphony International adds to India exposure – Asia-focused Symphony International (SIHL) has invested in a minority stake in Good Capital Partners (GCP), the general partner of Good Capital Fund I as well as the owner of investment manager, Good Capital Management.
GCP is owned by Rohan Malhotra and Arjun, who founded Investopad in 2014, laying the foundations for a dynamic ecosystem of technology startups across in India, in the likes of Delhi, Bangalore and Gurgaon.
Anil Thadani, chairman of Symphony Asia Holdings Pte. Ltd. and a drector of Symphony, had this to say: “We have been impressed by GCP’s approach, their network and their access to quality opportunities in India’s burgeoning technology sector. We are now looking forward to partnering with them to invest in selected early stage transactions through GCF 1.
GCP’s approach to risk mitigation through their focus on nascent companies, strong entrepreneurs and extended due diligence impressed us as an attractive way to invest in India’s technology space. Along with our recent investment in Soothe Healthcare (we covered this – click here to read), Symphony has now made two investments in Indian businesses looking to benefit from the economic growth and promising business prospects the country has to offer.”
SIHL: Symphony International adds to India exposure