Playbook Partners to invest $20 million each in 12-15 companies over 2 years

Growth capital firm Playbook Partners intends to invest $20 million (around Rs 175 crore) each in about 12-15 companies over the next two years, a top company official said. The firm’s investment portfolio includes companies like Myntra, PolicyBazaar, InMobi, Nazara Technologies, Rapido, and Renee, among others. While primarily investing in India, it has also backed global companies like SpaceX and Stripe.

“With planned investments up to $20 million each in 12-15 companies, we are targeting high-potential ventures across SaaS, E-commerce,…