Playbook Partners Raises $130 Million in Maiden Growth Capital Fund

Growth capital firm Playbook Partners, founded by Vikas Choudhury, has raised $130 million from global investors in its maiden $250M fund. The firm targets tech-enabled businesses with growth potential. Playbook aims to leverage India's booming digital economy, which is projected to drive significant global growth.

Growth capital firm Playbook Partners has successfully raised $130 million from a group of investors for its maiden $250 million growth capital fund.

The firm, founded by ex-Reliance Jio executive Vikas Choudhury, secured investments from Europe, the US, the Middle East, and India, according to a company statement released on Tuesday.

Playbook Partners achieved its first close within four months, raising over $130 million through established global investors. The fund, capitalizing on strong institutional interest, can grow up to $250 million using the green-shoe option.

(With inputs from agencies.)