Genderinclusion Stories

Mumbai, India - The International Finance Corporation (IFC), part of the World Bank Group, plans to invest up to $65 million in A91 Partners' third venture capital fund, aimed at supporting India's fast-growing mid-market companies. The commitment includes $35 million in equity and $30 million for potential co-investments, focusing on sectors such as healthcare, consumer products, technology, and financial services. Founded in 2018 by former Sequoia Capital partners V T Bharadwaj, Abhay Pandey, and Gautam Mago, A91 Partners targets companies that have moved beyond the startup phase but are not yet at late-stage growth. Their strategy includes investments ranging from $10-$50 million per company. With a target corpus of $675 million, Fund III will invest in around 15 companies with a focus on scalable, sustainable, and inclusive business models. IFC's investment reinforces its strategy to drive private-sector development in emerging markets while ensuring environmental, social, and governance (ESG) standards. The partnership enhances IFC's ability to support high-impact businesses directly through co-investments, while also attracting more institutional capital into India. A91's gender-inclusive approach is another highlight. The firm ensures every portfolio company has at least one female board member and promotes inclusive workplace practices-an initiative well-aligned with IFC's global gender strategy. India's venture ecosystem is seeing increased interest in mid-market funding, with international firms like Accel and Bessemer also launching major India-focused funds. This trend, combined with favorable regulatory reforms and digital expansion, makes India a prime ground for strategic private equity. Read Full Article: businessinfopro.com #IFCInvestment #A91Partners #IndianVC #MidMarketGrowth #GenderInclusion