Business »  Topic »  Start-ups looking to tap into venture debt, avoid large funding rounds

Start-ups looking to tap into venture debt, avoid large funding rounds


Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business

The country’s top three venture debt firms — Alteria Capital, Innoven Capital, and Trifecta Capital — combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket, Cure.fit, Ninjacart, Dunzo and Lendingkart till April end.

Start-up founders are now looking to raise funds through venture debt or at least have some debt element mixed with their current small-ticket funding, as bigger rounds are expected to be delayed owing to the ...


Read the full text business-standard