Venture Debt Funds

Company will use the financing to add more batteries to its network and expand services

Company says it will 'aggressively expand' presence in US, Africa and West Asia

Targets repaying remaining debt in eight years; Rs 1,200 crore opened on Tuesday

Company that provides debt capital says its assets under management have grown 55% YoY

Most investors are more cautious in deploying capital towards growth businesses, especially in late-stage startup investments, which are key drivers in a funding cycle

Trifecta Capital has committed Rs 3,500 crore in venture debt and equity investments across more than 85 start-ups till date

Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India

Out of the second fund which has a target corpus of Rs 350 crore, the VC firm is looking at investing in around 20 start-ups in a span of 3-4 years beginning this year

Alteria Capital, the venture debt fund floated by Hattangdi and his former colleague Vinod Murali, has roped in a public sector bank and a private bank