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A91 Partners plans $750m fund; Fashinza, Virgio to return investor capital

Happy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the know. Details of this and more in today’s super packed ETtech Morning Dispatch.Also in this letter:■ Cobranded credit cards under RBI lens■ BigBasket, Flipkart deliveries to pick up pace■ Byju’s clears February salary for some A91 Partners on track to raise its largest fund at $700-750 million (L-R) VT Bharadwaj, Abhay Pandey, and Gautam Mago, A91 PartnersA91 Partners, which has backed…

A91 Partners new fund: A91 Partners on track to raise its largest fund at $700-750 million

Homegrown investment fund A91 Partners – which has backed companies like Digit Insurance, HealthKart, Blue Tokai Coffee, and Paper Boat, among others – is in the process of raising its largest-yet fund at $700-750 million, three people in the know said. This will be among the fastest scale-ups in terms of fund size for a domestic investment fund amid a broader appetite for the India market among limited partners.“A91 has expressed to its LPs (limited partners, or sponsors in funds) that they are aiming to raise their…