Endiya Partners Announces Final Close Of INR 500 Cr Fund-II With BIRAC AcE Investment
India, Jan. 5 -- Hyderabad-based early-stage venture capital firm Endiya Partners has raised INR 17.5 Cr from the Biotechnology Industry Research Assistance Council's (BIRAC) AcE Fund, for the final close of its INR 500 Cr Fund-II, through which Endiya has already made three investments with more in the pipeline.
Besides the AcE Fund, the India-Japan Fund of Funds infused nearly $6.6 Mn (INR 50 Cr) in the Fund II. Besides this, Endiya Partners also raised $10 Mn (nearly INR 75 Cr) from World Bank's International Finance Corporation (IFC), which also committed an additional $10 Mn for direct co-investments.
Founded in 2016 by Sateesh Andra, Ramesh Byrapaneni and Abhishek Srivastava, Endiya Partners, Endiya has invested in several Indian ...
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