World Bank arm to invest $10 mn in Hyd-based VC firm's fund

World Bank's investment arm, International Finance Corporation has committed to invest $10 million (nearly ₹75 crore) in Hyderabad-based venture capital (VC) firm Endiya Partners' Fund II. An additional $10 million for direct co-investments alongside Endiya Fund II have also been slotted. Endiya's investments include health and fitness startup Cure.fit and cloud kitchen Innerchef, among others.