Good Capital, a seed-stage venture capital firm focusing on India, has revealed its plans to launch a new $50 million fund to back founders who are utilizing AI for distribution, personalization, or business operations. The firm aims to deploy the fund over the next four years, offering investments of up to $1.5 million. Notably, Good Capital has previously invested in successful unicorns such as Meesho and LEAD School.

“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,” stated Arjun Malhotra, Co-General Partner at Good Capital. He further added, “This isn’t an AI-focused fund as much as a recognition of a land-grab moment, where startups leveraging AI in intelligent ways will have the right to win.”

Good Capital has demonstrated its investment expertise through partnerships with companies like OrangeHealth, which recently secured Series A funding from General Catalyst and Accel Partners. Additionally, SimSim, an AI-powered firm, was acquired by Google, while SolarSquare successfully raised a significant $13 million in a Series A funding round led by Lowercarbon and Elevation Capital.

“We invest with deep conviction by being lead investors for every investment we make,” highlighted Rohan Malhotra, Co-General Partner at Good Capital, emphasizing the firm’s proactive approach in guiding startups. This hands-on approach aims to contribute to the growth and success of these ventures. Shreya Mishra, CEO and Co-founder of SolarSquare, commended Good Capital’s pivotal role in their growth trajectory, saying, “Good Capital has been instrumental in our growth by first leading our Seed round and then introducing us to Lowercarbon Capital, who led our Series A round.”