Venture Capital firm A91 Partners, floated by former Sequoia Capital’s managing directors VT Bharadwaj, Gautam Mago and Abhay Pandey, has closed its maiden fund at $350 million.
The capital is expected to invest on early to growth stage private companies across consumer, healthcare, financial services, and technology sectors. The Mumbai-based firm was in talks with IFC to raise about $25 million and has already invested in Paper Boat beverages and cosmetic brand Sugar. (Source)