<p>Gray Matters Capital, a US-based impact investment company, plans to set up a separate global fund for India.</p>.<p>In an interaction with DH, Gray Matters Capital India Chief Executive Officer Ragini Bajaj Chaudhary said India gives an immense opportunity for investors.</p>.<p>“We are planning a growth fund for India. It will be a global fund with a sizeable amount and will invest in Indian companies,” she said.</p>.<p>Over the last two decades, Gray Matters Capital has invested more than $150 million in Indian startups and one investment company.</p>.<p>“We started our investment in India with microfinance companies. As part of our 2020 strategy, whatever money we earned from microfinance and edu-tech companies will be redeployed in India,” she said.</p>.<p>Chaudhary said as part of the first edu-tech fund, Gray Matters Capital invested in seven companies ranging between $1 million and $11 million. Gray Matters Capital India is now looking at onboarding 10 companies this year with a small ticket size of Rs 1 core.</p>.<p><strong>GMC Calibrator</strong><br /> </p>.<p>The Atlanta-based impact investor on Friday held a demo day of eight startups as part of the Mobile EdTech Accelerator - GMC Calibrator.</p>.<p>“As part of the programme, we looked at the product with great content but very low uptick. We looked at their UX, UI and product design from a behavioural perspective and helped them to scale up,” she said.</p>.<p>Stones2Milestones became the winner of the GMC Calibrator 2018 and Million Sparks Foundation selected as a runnerup. The Second cohort will start receiving application till January. The focus is primarily on edu-tech and employability.</p>
<p>Gray Matters Capital, a US-based impact investment company, plans to set up a separate global fund for India.</p>.<p>In an interaction with DH, Gray Matters Capital India Chief Executive Officer Ragini Bajaj Chaudhary said India gives an immense opportunity for investors.</p>.<p>“We are planning a growth fund for India. It will be a global fund with a sizeable amount and will invest in Indian companies,” she said.</p>.<p>Over the last two decades, Gray Matters Capital has invested more than $150 million in Indian startups and one investment company.</p>.<p>“We started our investment in India with microfinance companies. As part of our 2020 strategy, whatever money we earned from microfinance and edu-tech companies will be redeployed in India,” she said.</p>.<p>Chaudhary said as part of the first edu-tech fund, Gray Matters Capital invested in seven companies ranging between $1 million and $11 million. Gray Matters Capital India is now looking at onboarding 10 companies this year with a small ticket size of Rs 1 core.</p>.<p><strong>GMC Calibrator</strong><br /> </p>.<p>The Atlanta-based impact investor on Friday held a demo day of eight startups as part of the Mobile EdTech Accelerator - GMC Calibrator.</p>.<p>“As part of the programme, we looked at the product with great content but very low uptick. We looked at their UX, UI and product design from a behavioural perspective and helped them to scale up,” she said.</p>.<p>Stones2Milestones became the winner of the GMC Calibrator 2018 and Million Sparks Foundation selected as a runnerup. The Second cohort will start receiving application till January. The focus is primarily on edu-tech and employability.</p>