{"id":1791,"date":"2024-03-11T06:03:04","date_gmt":"2024-03-11T06:03:04","guid":{"rendered":"https:\/\/www.founderlabs.in\/?p=1791"},"modified":"2024-03-11T06:03:04","modified_gmt":"2024-03-11T06:03:04","slug":"start-up-venture-a91-partners-has-sourced-out-550m-for-its-second-maiden-venture-funding","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=1791","title":{"rendered":"A91 Partners on Track to Raise Funds at $700-750mn"},"content":{"rendered":"\n<p>A91 Partners has sourced out 550m for its second maiden funding which is actually &nbsp;a bigger fund from 2018, when its raised 350m and &nbsp;one of the fastest scaleups among its peers.<\/p>\n\n\n\n<p>A91 Partners, which has backed companies like Digit Insurance, HealthKart, Blue Tokai Coffee,&nbsp;is targeting to raise $700-750 million&nbsp;for its third India-focussed fund, people in the know told ETtech.<\/p>\n\n\n\n<p>So far the organization has invested half of its capital from Fund II across 9 firms.<\/p>\n\n\n\n<p><br><strong><em>\u201cA91 has expressed to its LPs (limited partners, or sponsors in funds) that they are aiming to raise their third fund at $700-750 million. They will launch and market the fund after a few months,\u201d one of the sources said<\/em><\/strong>.<\/p>\n\n\n\n<p>Armed with a bigger fund, A91 may look to increase its average cheques from $20-30 million to $35-40 million from Fund-III, they added.<br><br>It logged partial exits from&nbsp;energy-efficient small appliances brand Atomberg&nbsp;and&nbsp;<a href=\"https:\/\/nltrack.indiatimes.com\/tracking\/track\/cl\/native?param=900d2820d5f768da6d55ebff46daed82c780e99855a65e40fd4775a4b42dd5bab51fe83b2bf7c264f0916332d79de4dd3f771963affd9c93a251d685ee5274b213ff5d41cb29702c4998c76abe471d3a&amp;o=65ee65953682522f512c5021\" target=\"_blank\" rel=\"noreferrer noopener\">spice maker Pushp<\/a>.<\/p>\n\n\n\n<p>Its other significant bets include Sugar Cosmetics, software firm Exotel, and silver jewellery-focused startup &nbsp;Giva.<\/p>\n\n\n\n<p>Digit Insurance, which figures in its portfolio, is likely to go public this year.<br><br><strong>The bottom line:&nbsp;<\/strong>Global LPs are moving towards diversified investment firms that offer steady returns, even though tech venture capital funds have lagged in cash distributions. These funds are also perceived to be more cautious and similar to private equity firms. In contrast, VC firms chase big returns by investing in younger, early-stage<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A91 Partners has sourced out 550m for its second maiden funding which is actually &nbsp;a bigger fund from 2018, when its raised 350m and &nbsp;one of the fastest scaleups among its peers. A91 Partners, which has backed companies like Digit Insurance, HealthKart, Blue Tokai Coffee,&nbsp;is targeting to raise $700-750 million&nbsp;for its third India-focussed fund, people [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[645],"tags":[],"class_list":{"0":"post-1791","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-funding"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A91 Partners on Track to Raise Funds at $700-750mn - Founderlabs<\/title>\n<meta name=\"description\" content=\"Armed with a bigger fund, A91 may look to increase its average cheques from $20-30 million to $35-40 million from Fund-III, venture capital\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.founderlabs.in\/?p=1791\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A91 Partners on Track to Raise Funds at $700-750mn\" \/>\n<meta property=\"og:description\" content=\"Armed with a bigger fund, A91 may look to increase its average cheques from $20-30 million to $35-40 million from Fund-III, venture capital\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.founderlabs.in\/?p=1791\" \/>\n<meta property=\"og:site_name\" content=\"Founderlabs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/founderlabsindia\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-11T06:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.founderlabs.in\/wp-content\/uploads\/2024\/03\/fffffffffffffffffffffff.png\" \/>\n\t<meta property=\"og:image:width\" content=\"786\" \/>\n\t<meta property=\"og:image:height\" content=\"597\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gargi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:site\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gargi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791\"},\"author\":{\"name\":\"Gargi\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/#\\\/schema\\\/person\\\/afab350a7a241df759bfd7f712a8039d\"},\"headline\":\"A91 Partners on Track to Raise Funds at $700-750mn\",\"datePublished\":\"2024-03-11T06:03:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791\"},\"wordCount\":254,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.founderlabs.in\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/fffffffffffffffffffffff.png\",\"articleSection\":[\"Founder Playbook\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791\",\"url\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=1791\",\"name\":\"A91 Partners on Track to Raise Funds at $700-750mn - 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