GTI Capital Group
6th Floor, Two Tribeca, Tribeca Central, Trianon, Plaines Wilhems, 72261, Mauritius
Overview
GTI Capital Group is an India-focused investment company founded by Gaurav Dalmia, Jonathan Schulhof and Madhav Dhar. GTI invests in Indian or India-related businesses, is sector agnostic, and invests in opportunities where it can play an active role in creating value for the businesses it invests in. GTI is a Permanent Capital vehicle, and hence takes a long-term view on its investments, and invests in both early stage and late stage opportunities. Founded in 2010, GTI has raised capital from an exciting group of value added investors globally, who typically also co-invest in all the transactions that GTI invests in.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Asset Management
- Finance
- Financial Services
Investment portfolio
- Ignighter
Participated · Series A · Feb 2011
Ignighter operates an online group-dating platform that lets groups of friends build shared profiles with photos and interests, then matches them with other groups and helps arrange in-person meetups. The product’s core differentiator is facilitating social, group-based introductions to reduce awkward one-on-one situations. The company is part of the TechStars class of 2008. Ignighter reports growth of “hundreds of thousands” of new users each month and a registered user base in the millions. Financially, the company has raised a total of $4.2 million to date, including the latest financing described below. Ignighter is a group-dating site that lets small groups of friends collaborate on a shared profile with photos and stated interests. The service matches groups with other groups and helps them arrange real-world get-togethers to avoid awkward one-on-one situations. Ignighter debuted at the TechStars demo day as part of TechStars' 2008 class. The site launched with an estimated 10,000 users and has grown to 15,000 registered members. The company closed a $1.2 million angel funding round and plans to use the money to expand its team—particularly development staff—and to run a marketing push to increase awareness. The article notes the dating space is crowded but that popularity is shifting toward alternative formats, which Ignighter aims to capitalize on.
Team
No current team members are available.