Fund News

A91 Partners closes its third fund at $665-M

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Mumbai-based growth venture capital firm ?A91 Partners? has closed its third fund at USD 665 million. This announcement follows earlier disclosures that the International Finance Corporation (IFC) was evaluating a commitment of USD 35 million, along with a potential USD 30 million co-investment into the fund. A91 had set a target of USD 675 million for its third fund.Founded in 2018 by Sequoia Capital's former directors Abhay Pandey, VT Bhardwaj and Gautam Mago, A91 Partners' portfolio companies include dairy products startup Akshayakalpa, specialty coffee brand Blue Tokai Coffee Roasters, and beauty and personal care brand Sugar, and Go Digit General Insurance, an insurance distribution firm.

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