India: Alteria Capital closes its maiden venture debt fund at $140m

India: Alteria Capital closes its maiden venture debt fund at $140m

Vinod Murali. Photo: Mint

Alteria Capital, which provides loans to startups, has closed its maiden venture debt fund at a corpus of $140 million ( ₹960 crore), signalling a sharp rise in appetite for debt financing from startups, said a senior executive of the firm.

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