A91 Partners Secures $665 Million for Third Fund

BENGALURU: In a significant move that underscores the growing international interest in India's startup ecosystem, A91 Partners has successfully closed its third fund at $665 million. Founded by former executives of Sequoia Capital India, now known as Peak XV Partners, A91 has been a pivotal player in the Indian venture capital scene since 2018.

Investment Focus and Portfolio

The firm specializes in growth-stage investments, typically ranging between $10 million and $50 million, across diverse sectors including consumer, healthcare, financial services, and industrials. Notable investments in its portfolio include Digit Insurance, Atomberg, and Push Health.

Commitment to Indian Entrepreneurs

Announcing the fund closure on LinkedIn, A91 reiterated its dedication to supporting Indian entrepreneurs over the long haul. "We started A91... with the belief that patient capital will play an important role in accelerating value creation in Indian businesses," the firm stated.

Venture Funding Landscape in India

This development comes on the heels of other major fundraising activities in the region, including Accel's $650 million fund for India and Southeast Asia and Stellaris Venture Partners' $300 million third fund, highlighting a robust appetite for venture investments despite recent funding slowdowns.