Last Updated on Wednesday, 5 August, 2020 at 2:27 pm by Andre Camilleri
GO Ventures has signed an investment agreement with Mindbeat Ltd, a digital coaching platform that connects people with great coaches, an investment that should fuel Mindbeat’s international growth over the next twelve months.
Mindbeat combines virtual coaching through a video-based portal, with access to analytics and bite sized learning designed to fuel good habits, strengthen mindsets and skills, empowering people to better themselves personally and professionally, and to fully realise more their potential.
“Despite the uncertainty of the past few months, GO remains committed to investing in ideas and technology in the digital domain,” GO CEO Nikhil Patil said on the announcement of the deal. “Last year we set up GO Ventures to help us deliver on this commitment. The primary aim of this fully owned subsidiary is that of identifying and investing in tech-based start-ups. It is a sign of our ambition that GO Ventures has been ramping up its activities during a global pandemic.”
“We are humble enough to realise that to drive innovation forward, we need to have the right partners. Investing in Mindbeat is hopefully another of our successful investments over the years,” continued Nikhil Patil.
Although GO has a very strong IT and telecommunications infrastructure, it also enjoys a strong track record of investing in start-ups and scaling them into large players. A prime example of this is BMIT – a success story in its own right. BMIT was grown by GO and today is listed on the Malta Stock Exchange after a very successful IPO in 2019.
“Mindbeat is a perfect example of the kind of idea that we are eager to get behind,” Nikhil Patil explained. “A Maltese entrepreneur and her team have developed an exceptional digitally-based solution to a real-life problem that is limiting millions around the world from expressing their full potential. This is a company that definitely has the capacity to make a wide-reaching impact and we are now committed to making this idea as successful as possible.”