We back companies where tech is an enabler, not the hero: C4D Partners CEO

Our crucial thesis is that the business model is woven around a societal problem, said CEO Agarwal

Arvind Agarwal, co-founder and CEO of C4D Partners, believes that impact funding needs to turn a profit to make a serious impact. Many impact funding players, he says, have moved to tech-focused investing owing to a lack of exits.

Agarwal points out that his fund does not engage with companies which already have numerous venture capitalists (VCs). Importantly, in firms where tech is the hero. In an interaction with Shivani Shinde, Agarwal talks about C4D’s investment thesis, the current fundraise and why he shies away from tech-focused investments. Edited excerpts.

So, will C4D not invest in tech-focused companies or