The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an equity investment of up to $35 million, with an additional co-investment envelope of up to $30 million, into A91 Partners' third fund.
This new fund aims to raise $675 million in total commitments, marking A91's largest fund to date.
A91 Partners, established in 2018, focuses on providing capital to small and mid-market companies across sectors such as consumer, financial services, healthcare, manufacturing, and technology. The third fund is expected to invest between $10 million to $50 million in approximately 15 companies.
The firm has shown significant growth in its fundraising efforts:
First fund (2018): $350 million
Second fund: $550 million
Third fund (current target): $675 million
A91's investment portfolio includes companies like Akshayakalpa (dairy products), Blue Tokai (specialty coffee), and Sugar (beauty and personal care). Additionally, their portfolio company, Go Digit General Insurance, went public last year.
This proposed investment by IFC reflects a growing interest in Indian venture capital firms, with others like Accel and Bessemer Venture Partners also raising substantial India-focused funds recently.
Source: Your Story
#healthcarefundingindia #dseidehealthcarenetwork
This new fund aims to raise $675 million in total commitments, marking A91's largest fund to date.
A91 Partners, established in 2018, focuses on providing capital to small and mid-market companies across sectors such as consumer, financial services, healthcare, manufacturing, and technology. The third fund is expected to invest between $10 million to $50 million in approximately 15 companies.
The firm has shown significant growth in its fundraising efforts:
First fund (2018): $350 million
Second fund: $550 million
Third fund (current target): $675 million
A91's investment portfolio includes companies like Akshayakalpa (dairy products), Blue Tokai (specialty coffee), and Sugar (beauty and personal care). Additionally, their portfolio company, Go Digit General Insurance, went public last year.
This proposed investment by IFC reflects a growing interest in Indian venture capital firms, with others like Accel and Bessemer Venture Partners also raising substantial India-focused funds recently.
Source: Your Story
#healthcarefundingindia #dseidehealthcarenetwork
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an equity investment of up to $35 million, with an additional co-investment envelope of up to $30 million, into A91 Partners' third fund.
This new fund aims to raise $675 million in total commitments, marking A91's largest fund to date.
A91 Partners, established in 2018, focuses on providing capital to small and mid-market companies across sectors such as consumer, financial services, healthcare, manufacturing, and technology. The third fund is expected to invest between $10 million to $50 million in approximately 15 companies.
The firm has shown significant growth in its fundraising efforts:
First fund (2018): $350 million
Second fund: $550 million
Third fund (current target): $675 million
A91's investment portfolio includes companies like Akshayakalpa (dairy products), Blue Tokai (specialty coffee), and Sugar (beauty and personal care). Additionally, their portfolio company, Go Digit General Insurance, went public last year.
This proposed investment by IFC reflects a growing interest in Indian venture capital firms, with others like Accel and Bessemer Venture Partners also raising substantial India-focused funds recently.
Source: Your Story
#healthcarefundingindia #dseidehealthcarenetwork
