In September, International Finance Corporation (IFC), the World Bank’s private-sector investment arm announced an equity investment of $25 million for the fund.. Photo: iStock

A91 Partners, a venture capital company driven by former Sequoia Capital executives, has shown its final fund for the second quarter at $ 550 million ($ 550 million). 4,095 kroner)

Visicir Reported In November last year, the investor was preparing to launch a second fundraising process.

Gautham Pandy, partner of A91 Partners, said: “We would like to thank all of our investors and founders for joining us and continuing to encourage and educate us on a daily basis.

The fund mainly invests in 15 to 17 companies in India or related to India such as consumer goods and services (food, home and personal care, consumer services, retail, etc.), and financial services (special loans). , Savings, insurance, etc.), health care (consumer-led pharmacy and health care services) and technology (software products and services).

“We believe there is an opportunity to create a world-class Indian investment firm for founders who want to build big sustainable businesses in India for both domestic and international markets. All these beliefs have been strengthened over the past three years,” Pandy added.

International Finance Corporation (IFC), the World Bank’s private sector investment arm, in September Announced $ 25 million equitable investment for the money.

A91 Partners was flown in 2018 by former Sequoia Capital executives VT Bharadwaj, Gautam Mago and Abhay Pandey. Between June 2017 and August 2018, the three left Sekoya Capital.

VCCircle in August Reported A91 Partners is in advanced talks to invest in the home cycle Outdoors91 (formerly known as Frog).

Venture Capital Fund is said to have invested in Soothe Healthcare, a brand of sanitary ware in Paris.

In February Investor Supported healthy snack maker hapilo. A91 partners also supported the spice maker Pushp, I Finance, Consumer-Technology Organization Atomberg Technologies, Beverage Brand Paper Boat and Makeup Brand Sugar Cosmetics.

This year, several venture capital companies, such as Chirata Venture and Stellaris Venture Partners, have been announcing new fundraising platforms. Others, such as Blume Ventures and Alkemi Venture Partners, have started processes for their new vehicles.

Sign up Mint newspapers

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and understand Mint.
take down
Our app now !!

.