Venture Intelligence (TSJ Media Pvt. Ltd.)
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Growth VC firm A91 Partners closes 2nd fund at $550-M
Growth Capital focused A91 Partners has closed its second India-dedicated fund at USD 550 million. It was previously reported, in August, that A91's new fund had roped in limited partners like The Canada Pension Plan Investment Board and financial services major Allianz Group. Founded in 2018 by three former Sequoia Capital managing directors Abhay Pandey, VT Bharadwaj and Gautam Mago, the firm had raised $350 million two years ago. Having invested in 13 companies since its inception, including Digit Insurance (which is currently valued at USD 3.5 billion), Sugar Cosmetics and Exotel, A91 will take slightly larger sized bets from the new corpus.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.