Investpad, Starfish Growth Partners, team up for a $100 million

An innovation fund that will raise $100 million to invest in early-stage startups over the next three years has been jointly funded by Starfish Growth Partners and Investpad, both companies said on Monday.

Senior executives at both firms said that the Starfish Investpad Innovation Fund would provide funding and fundraising advisory, company incubation, and growth acceleration services.

Philip Thomas, founding partner, and chief executive of Starfish Growth Partners, an idea-stage funding, incubation, and accelerator advisory firm, said the Starfish-Investpad fund will remain agnostic to the industry but with a particular emphasis on verticals such as education, manufacturing, deep-tech, agriculture, fin-tech, healthcare, and sustainability.

“We look forward to investing between Rs 25 lakh and $10 million in businesses everywhere,” Thomas said.

Starfish has incubated more than 25 startups, earned more than Rs 125 crore in the capital, and has already contributed to the profitability of more than 50 percent of its portfolio companies.

Investpad offers the vital growth resources needed to launch and propel the best moon-shot concepts onto the right success trajectory.