IFC proposes $25m commitment to Indian VC firm A91 Partners’ second fund

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a $25 million commitment, with an equivalent amount in co-investment envelope, in the second fund of Indian venture capital firm A91 Partners.

In its disclosure, IFC said A91 is targeting $500-550 million in commitments for A91 Emerging Fund II to invest in 15-17 companies in consumer, financial services, healthcare, and technology sectors.

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