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Happy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the know. Details of this and more in todays super packed ETtech Morning Dispatch. ....
A91 Partners, launched in 2018, debuted with a $350 million maiden fund. Just three years later, they scaled up significantly, securing $550 million for their second fund, targeting both late-stage venture and early-growth investments. This will be among the fastest scale-ups in terms of fund size for a domestic investment fund. ....
Nikhil Vora, founder and CEO of Sixth Sense Ventures, told ET that the investment includes a significant secondary component, in which it bought a stake in the 49-year-old spices maker Pushp from A91 Partners. ....