- Investment firm A91 Partners has closed its second fund, notching up a corpus of around $525 million amid heightened deal activity in India, two people in the know of the matter said.
- Founded in 2018 by three former Sequoia Capital managing directors, Abhay Pandey, VT Bharadwaj and Gautam Mago, A91 had raised $350 million two years ago, one of the largest such fundraises by Indian general partners.
- ET reported on August 11 that Stellaris Venture Partners had raised $225 million for its second India-dedicated fund, almost three times the size of its $90 million maiden fund, launched four years ago.
[Via]
