World Bank’s investment arm backs Endiya Partners’ Fund II to help Indian startups
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World Bank’s International Finance Corporation (IFC) has committed to invest $10 Mn (nearly INR 75 Cr) in Hyderabad-based early-stage venture capital firm Endiya Partners’ Fund II. Along with this, IFC has also committed an additional $10 Mn for direct co-investments alongside Endiya Fund II. The partnership with IFC will provide Endiya’s portfolio companies with financial and strategic support.