Announced
Synopsis
Symphony International Holdings, a private equity and venture capital firm, acquired a minority stake in Good Capital Partners, the General Partner of Good Capital Fund I. Financial terms were not disclosed. Anil Thadani, Chairman of Symphony Asia Holdings and a Director of Symphony, said: "The Founders of Good Capital were introduced to us by one of our independent directors, Mr. Rajiv Luthra, and we have been working with them to understand their investment methodology for over a period of two years. During this period we have been impressed with their 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."
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