A91 Partners, an Indian venture capital firm, has similar hopes. Founded by Abhay Pandey, VT Bharadwaj and Gautam Mago, they are looking to raise their biggest corpus to date. The firm is seeking to raise $700 million-$750 million for its new India-focused fund. In March 2024, ET exclusively broke the news of the shift. This was later confirmed by A91 Partners in a LinkedIn post, demonstrating the firm’s desire to double down on its investments in the Indian market. About A91 Partners A91 Partners is committed to building world-class, sustainable institutions out of entrepreneurial companies. They invest in key sectors, including technology, consumer and financial services.

A91 Partners' Investment Strategy

A91 Partners distinguishes itself through its commitment to investing in companies poised for significant growth and long-term success within India. The venture capital firm’s strategy is to deploy patient capital to drive differentiated value creation in sectors where it is most readily available. A91 Partners is successfully anchored by a team of experienced and astute investors and founders. Beyond just capital, they work to provide the mentorship and guidance necessary to help their portfolio companies grow.

The firm's focus on technology, consumer, and financial services reflects its understanding of the key sectors driving India's economic growth. By targeting these areas, A91 Partners positions itself to capitalize on emerging opportunities and contribute to the development of innovative businesses. The firm’s partners are personally, and often literally, deeply entrenched in the Indian venture capital ecosystem.

Aiming for Enduring Businesses

With a shared long-term vision of building a world-class Indian investment firm, A91 Partners was formed. The stage agnostic firm looks to invest alongside passionate founders who want to build large and lasting institutions out of India. This new approach highlights the firm’s commitment to develop and grow entrepreneurial talent and build the inclusive prosperity of an emerging Indian economy.

“We started A91 in 2018 with the following beliefs — patient capital will play an important role in accelerating value creation in Indian businesses across sectors. We also believed in the opportunity to create a world-class Indian investment firm — for founders who are aiming to build large enduring businesses from India. All these beliefs have been strengthened over the last six years,” - A91 Partners

The proposed fundraise is a significant step to realizing this vision. It will help A91 Partners strengthen its impact and reach within the Indian ecosystem. The company has been well-founded in the past half dozen years.

India Fund Expansion

A91 Partners is in the midst of raising its largest India fund. This strategic maneuver further cements its status in the venture capital ecosystem. This initiative reflects the firm's confidence in the Indian market's potential and its ability to identify and nurture promising companies. With a legacy of successful investments from A91 Partners, their investment marks yet another success. As a result, they are uniquely positioned to keep advancing India’s entrepreneurial ecosystem.

The firm’s emphasis on creating lasting enterprises dovetails nicely with the rise of sustainable and responsible investing. A91 Partners has a long-term orientation in everything it does. Their stated ambition is to make a strong and self-reliant Indian economy. The company first revealed its intentions to raise such a big fund in March 2024 (main picture).