Indian venture debt funds gear up to raise larger funds for startups

Indian venture debt funds gear up to raise larger funds for startups

Photo: Unsplash

Venture debt funds are gearing up to raise new, larger funds on the back of higher demand from startups, which aim to extend the cash runway and fund working capital requirements.

Debt providers, such as Alteria Capital, Innoven Capital, and Trifecta Capital are raising new funds, with many of them witnessing their highest momentum in transactions in December. They also plan to close more deals this year.

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