A91 Partners

A91 Partners LLP is a venture capital firm based in Mumbai, India, founded in 2018. It focuses on early- to growth-stage investments in small- and mid-sized private companies across various sectors, including consumer, healthcare, financial services, and technology. The firm typically targets investments ranging from $10 million to $30 million, aiming to support emerging companies in India as they scale and develop their offerings. A91 Partners seeks to foster innovation and growth within its chosen sectors, emphasizing the potential of its portfolio companies to make significant impacts in their respective markets.

Gautam Mago

General Partner

Bharadwaj, V.T.

General Partner

32 past transactions

GIVA

Series B in 2022
GIVA is an omnichannel platform that offers affordable fine jewelry. GIVA also offers a range of designs in metals like 18K gold, Rose Gold, and oxidized silver with embellishments of zircon, pearl, marcasite, and other colored stones. GIVA's collection includes earrings, necklaces, bracelets, and rings, crafted from sterling silver for everyday wear.

FinBox

Series A in 2022
FinBox is a technology and data science company that specializes in providing solutions for banks and non-banking financial companies (NBFCs). The firm focuses on digitizing customer journeys and facilitating the underwriting of non-traditional customers by leveraging alternative data sourced from smartphones. Its software as a service platform simplifies the lending process, allowing businesses to offer customized credit products to their customers and partners. By integrating a sophisticated credit infrastructure and risk intelligence tools, FinBox enables lenders to perform millions of credit assessments monthly through its proprietary alternative credit scoring algorithm. This approach empowers financial institutions to regain control over their lending processes while concentrating on their core business operations. FinBox is ISO27001 compliant, underscoring its commitment to data security and customer trust.

SUGAR Cosmetics

Series D in 2022
SUGAR Cosmetics is a prominent Indian beauty brand that specializes in manufacturing and retailing color cosmetics, including lipsticks, eyeliners, foundations, blushes, and nail lacquers. Founded in 2012 and headquartered in Mumbai, the company has gained popularity among millennials for its unique branding and innovative product offerings, which are designed to cater to bold, independent women. SUGAR Cosmetics products are crafted in advanced facilities across various countries, including Germany, Italy, the USA, and Korea, ensuring high quality and performance. The brand emphasizes cruelty-free cosmetics and aims to provide solutions that match diverse Indian skin tones. It operates through a combination of retail stores and online channels, boasting over 2,500 retail outlets across more than 130 cities as of 2020. SUGAR Cosmetics is committed to expanding its presence and accessibility, aiming to reach every makeup user in India.

Plum

Series C in 2022
Plum Haircare Is Silicone-Free & Sulphate-Free. Designed For Damaged & Dandruff-Free Hair

Box8

Secondary Market in 2022
Box8 is a rapidly growing on-demand food delivery company in India, founded by IIT graduates Anshul Gupta and Amit Raj. The company manages every aspect of its supply chain, from procurement to product development, and has dedicated teams for food delivery and customer support. Box8 offers a diverse menu featuring chef-crafted options with a distinct Indian flair, including fusion boxes, all-in-one meals, wraps, sandwiches, curries, biryanis, and desserts. Their innovative All-in-One meal box provides a convenient, fulfilling dining experience suitable for any occasion. By combining technology with a strong emphasis on logistics, Box8 ensures a seamless ordering process through mobile apps, supported by an integrated delivery management system that consistently delivers hot meals.

DaMENSCH

Series B in 2022
DaMENSCH is a Bengaluru-based company that specializes in designing and selling premium innerwear and undergarments for men. Founded in 2018, the company offers a diverse range of products, including trunks, briefs, boxer briefs, vests, shorts, and tanks, all crafted from soft fabrics that provide comfort and odor control. DaMENSCH aims to redefine men's fashion through innovation, with a particular focus on thermoregulating vests made from bamboo materials. The company markets its products online through its own website and various e-commerce platforms, catering to the modern consumer's needs.

Shipsy

Series B in 2022
Shipsy is a logistics software developer that enhances operational efficiency and visibility within the supply chain. Its platform utilizes data analytics and machine learning algorithms to provide actionable insights, enabling logistics companies to track parcels effectively, reduce costs, and improve on-time delivery rates. By capitalizing on existing data, Shipsy empowers organizations to make informed business decisions and offers real-time data processing along with live alerts, thereby supporting enhanced service levels. This comprehensive software suite is designed to meet the needs of logistics and supply chain companies seeking to optimize their operations.

GIVA

Series A in 2022
GIVA is an omnichannel platform that offers affordable fine jewelry. GIVA also offers a range of designs in metals like 18K gold, Rose Gold, and oxidized silver with embellishments of zircon, pearl, marcasite, and other colored stones. GIVA's collection includes earrings, necklaces, bracelets, and rings, crafted from sterling silver for everyday wear.

Ninety One

Series A in 2021
Frog Cycles is a manufacturer and designer of bicycles intended to add more fun and thrill to the riding experience. The company epitomizes the best in bicycles and bike accessories focusing on quality, design and innovation, providing customers with world-class bikes to make their everyday ride better.

Atomberg

Venture Round in 2021
Atomberg Technology Pvt. Ltd. is a manufacturer based in Navi Mumbai, India, specializing in energy-efficient home appliances, particularly fans. Founded in 2012, the company produces a range of products including ceiling fans, pedestal fans, table fans, and wall-mounted fans. Atomberg focuses on reducing power consumption through advanced features such as smart remote control, timer mode, sleep mode, and boost mode. The company sells its products through both physical retail outlets and an online store. By integrating energy efficiency with smart technology, Atomberg aims to create innovative appliances that enhance user experience while contributing to energy savings.

Exotel

Series C in 2021
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.

Soothe Healthcare

Series C in 2021
Soothe Healthcare Private Limited manufactures and markets consumer-healthcare products. It offers personal care products, which include sanitary pads for women and girls in India. The company was incorporated in 2012 and is based in Greater Noida, India.

Exotel

Venture Round in 2021
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.

Public App

Venture Round in 2021
Public App is a social network for local information, including updates on local events, commerce, jobs, classifieds, and others. This platform is used by political leaders, government authorities, media houses, and citizen journalists to connect with communities and disseminate verified and trustworthy video content, while local businesses like shops, astrologers, doctors, and lawyers use the platform to reach out to consumers.

Inshorts

Venture Round in 2021
Inshorts is an internet company that features a software application based products that send out news stories in 60-word bites for busy and uninspired readers. The company specializes in the fields of internet, information technology, and digital media. It was founded in 2013 and headquartered in Noida, Uttar Pradesh.

Happilo

Venture Round in 2021
Happilo is a healthy food brand based in Karnataka, India, specializing in a diverse range of nutritious snacks. The company offers an exclusive selection of products, including nuts, dried fruits, organic seeds, dry roasted snacks, trail mixes, and festive gift hampers. Happilo focuses on providing consumers with naturally sweet and multi-flavor options, ensuring that its products contain no added oil. Through its offerings, Happilo aims to promote healthier snacking choices for consumers.

Digit Insurance

Venture Round in 2021
Go Digit General Insurance Limited is a digital insurance company based in Bengaluru, India, founded in 2016 by Kamesh Goyal. The company offers a wide range of insurance products, including car, travel, home, commercial vehicle, bike, health, mobile, and shop insurance, as well as flight delay coverage. Go Digit focuses on enhancing customer experience through its online platform, which facilitates claims, renewals, and provides information on motor vehicle and health insurance. The company is known for its innovative approach to insurance, aiming to simplify products and pricing processes. It operates as a subsidiary of Go Digit Infoworks Services Private Limited and generates significant revenue from its motor insurance offerings.

La Renon

Venture Round in 2021
La Renon" is created out of passion to become a global healthcare company by offering World-class quality pharmaceutical products and services for various critical illnesses and diseases."La Renon" is founded and managed by a group of professionals of varied domains of healthcare industry itself who have got vast experience with unmatched expertise to achieve the above said objective. The company's focus is on continuous value addition to its business model, to make it an unparallel platform for their every stakeholder.

Exotel

Venture Round in 2020
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.

Atomberg

Series B in 2020
Atomberg Technology Pvt. Ltd. is a manufacturer based in Navi Mumbai, India, specializing in energy-efficient home appliances, particularly fans. Founded in 2012, the company produces a range of products including ceiling fans, pedestal fans, table fans, and wall-mounted fans. Atomberg focuses on reducing power consumption through advanced features such as smart remote control, timer mode, sleep mode, and boost mode. The company sells its products through both physical retail outlets and an online store. By integrating energy efficiency with smart technology, Atomberg aims to create innovative appliances that enhance user experience while contributing to energy savings.

SUGAR Cosmetics

Debt Financing in 2020
SUGAR Cosmetics is a prominent Indian beauty brand that specializes in manufacturing and retailing color cosmetics, including lipsticks, eyeliners, foundations, blushes, and nail lacquers. Founded in 2012 and headquartered in Mumbai, the company has gained popularity among millennials for its unique branding and innovative product offerings, which are designed to cater to bold, independent women. SUGAR Cosmetics products are crafted in advanced facilities across various countries, including Germany, Italy, the USA, and Korea, ensuring high quality and performance. The brand emphasizes cruelty-free cosmetics and aims to provide solutions that match diverse Indian skin tones. It operates through a combination of retail stores and online channels, boasting over 2,500 retail outlets across more than 130 cities as of 2020. SUGAR Cosmetics is committed to expanding its presence and accessibility, aiming to reach every makeup user in India.

Paper Boat

Series C in 2020
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.

Aye Finance

Series E in 2020
Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India.The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises. Aye Finance was founded in 2014 and is headquartered in Gurgaon, Haryana, India.

Pushp Brand

Private Equity Round in 2020
Pushp Brand sells a range of CTC spices, other pure spices and blended spices and value added items such as pachan cool masala, lemon cool masala and Jaljira.

Digit Insurance

Venture Round in 2020
Go Digit General Insurance Limited is a digital insurance company based in Bengaluru, India, founded in 2016 by Kamesh Goyal. The company offers a wide range of insurance products, including car, travel, home, commercial vehicle, bike, health, mobile, and shop insurance, as well as flight delay coverage. Go Digit focuses on enhancing customer experience through its online platform, which facilitates claims, renewals, and provides information on motor vehicle and health insurance. The company is known for its innovative approach to insurance, aiming to simplify products and pricing processes. It operates as a subsidiary of Go Digit Infoworks Services Private Limited and generates significant revenue from its motor insurance offerings.

Aye Finance

Secondary Market in 2020
Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India.The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises. Aye Finance was founded in 2014 and is headquartered in Gurgaon, Haryana, India.

Paper Boat

Venture Round in 2019
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.

Atomberg

Series A in 2019
Atomberg Technology Pvt. Ltd. is a manufacturer based in Navi Mumbai, India, specializing in energy-efficient home appliances, particularly fans. Founded in 2012, the company produces a range of products including ceiling fans, pedestal fans, table fans, and wall-mounted fans. Atomberg focuses on reducing power consumption through advanced features such as smart remote control, timer mode, sleep mode, and boost mode. The company sells its products through both physical retail outlets and an online store. By integrating energy efficiency with smart technology, Atomberg aims to create innovative appliances that enhance user experience while contributing to energy savings.

Paper Boat

Series C in 2019
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.

Paper Boat

Venture Round in 2019
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.

SUGAR Cosmetics

Venture Round in 2019
SUGAR Cosmetics is a prominent Indian beauty brand that specializes in manufacturing and retailing color cosmetics, including lipsticks, eyeliners, foundations, blushes, and nail lacquers. Founded in 2012 and headquartered in Mumbai, the company has gained popularity among millennials for its unique branding and innovative product offerings, which are designed to cater to bold, independent women. SUGAR Cosmetics products are crafted in advanced facilities across various countries, including Germany, Italy, the USA, and Korea, ensuring high quality and performance. The brand emphasizes cruelty-free cosmetics and aims to provide solutions that match diverse Indian skin tones. It operates through a combination of retail stores and online channels, boasting over 2,500 retail outlets across more than 130 cities as of 2020. SUGAR Cosmetics is committed to expanding its presence and accessibility, aiming to reach every makeup user in India.

SUGAR Cosmetics

Venture Round in 2017
SUGAR Cosmetics is a prominent Indian beauty brand that specializes in manufacturing and retailing color cosmetics, including lipsticks, eyeliners, foundations, blushes, and nail lacquers. Founded in 2012 and headquartered in Mumbai, the company has gained popularity among millennials for its unique branding and innovative product offerings, which are designed to cater to bold, independent women. SUGAR Cosmetics products are crafted in advanced facilities across various countries, including Germany, Italy, the USA, and Korea, ensuring high quality and performance. The brand emphasizes cruelty-free cosmetics and aims to provide solutions that match diverse Indian skin tones. It operates through a combination of retail stores and online channels, boasting over 2,500 retail outlets across more than 130 cities as of 2020. SUGAR Cosmetics is committed to expanding its presence and accessibility, aiming to reach every makeup user in India.
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