Unicorn India shifts focus to venture debt, eyes first close of $93m debt fund by June

Unicorn India shifts focus to venture debt, eyes first close of $93m debt fund by June

Sudip Bandyopadhyay, Managing Partner, Unicorn India Ventures

Unicorn India Ventures, which closed its early-stage venture capital fund, is now pivoting its focus towards venture debt, which has recently emerged as a strong asset class. The Mumbai-based investment firm, after closing its $15 million venture capital fund, last year launched its debut venture debt fund of Rs 600 crore ($93 million).

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