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- Investors
- A91 Partners
A91 Partners portfolio
A91 Partners has 6 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.
About this page
It is a growth equity firm based in Mumbai, IN, founded in 2018. It led 5 of the 7 rounds it joined. Its most recent investment on record is SUGAR Cosmetics's $15.3M Series B+ round in September 2026, which it led. By category, its portfolio leans toward Commerce and retail (3) and AI coding and devtools (2). It has co-invested with Aditya Birla Ventures, Prosus Ventures and Susquehanna International Group, most often Aditya Birla Ventures (2 rounds).
About A91 Partners
What A91 Partners invests in
- Commerce and retail · 3 · 50%
- AI coding and devtools · 2 · 33%
- AI agents · 2 · 33%
- Consumer and social · 2 · 33%
- Logistics and mobility · 1 · 17%
- Foundation models and research · 1 · 17%
- Sales and marketing · 1 · 17%
- Fintech · 1 · 17%
A91 Partners recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
 SSUGAR Cosmetics | Series B+ · $15.3M · lead | none named | |
| Series A · $25M · lead | Susquehanna International Group, Prosus Ventures | ||
| Series B+ · $60M · lead | Goldman Sachs Alternatives (lead) | ||
| Series B+ · $40M | Aditya Birla Ventures, WestBridge Capital (lead) | ||
| Series B+ · $135M | Kae Capital, Temasek (lead) | ||
| Series A · $15M · lead | Flipkart Ventures, Aditya Birla Ventures, Arali Ventures | ||
| Series A · lead | Survam Partners, Sandeep Tandon, Whiteboard Capital |
How A91 Partners invests
A91 Partners portfolio companies
- SSUGAR Cosmetics$15.3MSeries B+ · Sep 2026
DDeccan AI$25MSeries A · Mar 2026
MMoEngage$60MSeries B+ · Nov 2025
FFinBox$40MSeries B+ · Sep 2025
HHealthKart$135MSeries B+ · Dec 2022
AAtombergSeries A · Sep 2019
| Company | Round with A91 Partners | Total raised | Latest raise |
|---|---|---|---|
| SSUGAR Cosmetics Commerce and retail |
Series B+ · $15.3M · lead | $15.3M | Sep 1, 2026 Series B+ |
AI coding and devtools |
Series A · $25M · lead | $25M | Mar 26, 2026 Series A |
AI coding and devtools |
Series B+ · $60M · lead | $238.25M | Dec 21, 2025 Series B+ |
Fintech |
Series B+ · $40M | $55M | Sep 17, 2025 Series B+ |
Health and bio |
Series B+ · $135M | $185.99M | Dec 5, 2022 Series B+ |
Climate and energy |
Series A · lead | $86M | Aug 5, 2026 Series B+ |
Most frequent co-investors
AAditya Birla Ventures2 shared rounds · last Sep 17, 2025
PProsus Ventures1 shared round · last Mar 26, 2026
SSusquehanna International Group1 shared round · last Mar 26, 2026
GGoldman Sachs Alternatives1 shared round · last Nov 5, 2025
WWestBridge Capital1 shared round · last Sep 17, 2025
KKae Capital1 shared round · last Dec 5, 2022
TTemasek1 shared round · last Dec 5, 2022
FFlipkart Ventures1 shared round · last Jun 20, 2022
AArali Ventures1 shared round · last Jun 20, 2022
WWhiteboard Capital1 shared round · last Sep 4, 2019
- SSurvam Partners1 shared round · last Sep 4, 2019
SSandeep Tandon1 shared round · last Sep 4, 2019
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Investors whose portfolios on Recent Funding center on the same category (Commerce and retail).
How this is counted
Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 7 rounds on Recent Funding that name A91 Partners. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists A91 Partners, which is a subset of its real portfolio. API: /api/v1/investors/a91-partners (get a free API key). More: the most active VC firms and new venture capital funds.