Endiya Partners has closed its third venture capital fund at $100 million, backed by the International Finance Corporation (IFC) and Asian Infrastructure Investment Bank (AIIB).
Founded in 2015, Endiya is known as an early backer of high-growth companies such as HR tech unicorn Darwinbox; AI startup Myelin Foundry; compliance automation firm Scrut Automation; and lending platform Kissht, which is preparing for an IPO. Kissht is targeting a valuation of over Rs 5,000 crore ($600 million) when it lists later this year.
