Growth capital firm Playbook Partners has reached a milestone with a first close, securing over $130 million in funding from investors from across the globe, including Europe, the US, the Middle East, and India. The fund has an option to grow up to $250 million, leaving room for further investments.
Growth Stage Investments
Playbook’s primary focus is on partnering with growth-stage, tech-enabled businesses in large addressable markets. The firm, led by Vikas Choudhury, targets companies with positive unit economics and the potential to scale sustainably to market leadership. By merging capital with expertise, Playbook aims to provide a unique value proposition to its portfolio companies, utilizing a data-driven and strategic approach.
Diversified Investing Experience
Choudhury boasts an impressive track record of investments in companies such as 10 unicorns, IPOs, and successful exits, including inMobi, Myntra, Fractal, Nazara, PolicyBazaar, Rapido, and others. This experience positions him as a sought-after investor in the growth stage.
Strong Senior Team and Operating Partners
Playbook’s senior investing team includes Dushyant Singh and Sumit Jain, complemented by a strong network of operating partners. Notable operating partners include Manish Choksi, Aakash Chaudhry, and Milan Sheth, who join the firm through their personal capacity or family offices. These partners bring significant expertise from their respective industries, further enhancing the firm’s capability to add value to its portfolio companies.
Focus on Digital Transformation in India
Playbook is positioning itself as a key player in driving digital transformation in India, focusing on themes such as distribution and disruption, and driving consumption and innovation in the aspirational Indian market. With its robust investment strategy and experienced team, Playbook Partners is well-poised to make a meaningful impact in the Indian startup ecosystem.