IFC likely to invest in A91 Partners’ Fund

According to a disclosure, Indian Bangalore based Venture capital firm A91 Partners’ Fund is likely to get funds of $25 million from the investment wing of World Bank, International Finance Corporation.

A91 Partners is planning to raise between $250 million and $250 million, committed to invest in 10-15 startups in growth stage. The key industries they are looking to invest is consumer goods and services, healthcare, financial services and technology. 4Point9 Capital Advisors LLP will manage the funds.

Elvis Gomes