New Delhi, March 19 -- Endiya Partners' first fund of Rs.175 crore has fetched its returns of four times its investments, the early-stage venture capital firm said on Wednesday while announcing a partial stake sale in human resources technology platform Darwinbox.

More specifically, Endiya said it made a 4x multiple on invested capital, a metric that includes both realized and unrealized value and provides a broader view of a fund's performance.

The Hyderabad-based investor has backed several product startups across enterprise, industrial tech, and healthcare sectors, including fitness firm Cult.fit, cancer care company Karkinos, and fintech firm Grip Invest.

Earlier this month,Darwinbox secured $140 million in a funding round co-led b...