Playbook Partners, a Growth Capital (GC) firm, has successfully raised over $130 million in the first close of its funding round, just four months after its launch. The funds have come from prominent global investors from Europe, the US, the Middle East, and India. With a green shoe option available, Playbook Partners aims to increase its total fund size to $250 million.

Playbook Partners Funding

Playbook Partners is set to work with growth-stage companies that are tech-enabled and operate in large markets with significant growth potential. These businesses should have healthy operating margins and the ability to scale rapidly. This funding will provide the needed capital to help these companies grow and expand further in the market.

Leadership Experience

The firm is led by Vikas Choudhury, who has extensive experience in leadership roles at major companies like Reliance Jio and Aimia Inc. Choudhury has played a key role in growing large global and Indian businesses in the digital economy. His investment portfolio includes successful startups like inMobi, Myntra, Fractal, PolicyBazaar, Nazara, and Rapido, some of which have become unicorns, gone public, or had successful exits.

Our goal is not just to provide capital, but also to build relationships and offer strategic insights,” said Vikas Choudhury, Founder and Managing Partner at Playbook Partners.

Vikas Choudhury, Founder and Managing Partner at Playbook Partners

Playbook Partners is focused on helping India grow in the digital economy, which is expected to see a 5x growth to over $1 trillion. India is predicted to contribute over 15% of global economic growth in the next decade.

Leadership Team Support

The leadership team at Playbook Partners includes well-known figures such as Manish Choksi from Asian Paints, Aakash Chaudhry from Aakash Education, and Milan Sheth, formerly of Automation Anywhere. They contribute their knowledge and expertise through family offices and personal investments.

Based in Mumbai, Playbook Partners aims to drive digital transformation and innovation in India’s growing markets. The firm is particularly interested in businesses that are leading digital consumption and market disruption in sectors with high growth potential.