A91 Partners closes its largest fund at $665 million

Homegrown venture capital firm A91 Partners has announced the close of its Fund-III at $665 million – making it the investor’s largest ever fund.

ET had first reported about A91 Partners’ plan to raise capital in March 2024. The firm has backed the likes of Blue Tokai Coffee, Rare Rabbit, Paperboat and Atomberg.

This is among the fastest scaleups in terms of fund size for a local investment fund amid. For its maiden fund in 2018, A91 Partners had raised $350 million, followed by a $550 million investment vehicle in 2021.

Founded by former Sequoia…