Alteria reaches first close on India venture debt fund
Alteria Capital, an Indian venture debt firm established by InnoVen Capital co-founders Vinod Murali and Ajay Hattangdi, has reached a first close of INR3.6 billion ($54.6 million) for its debut fund.
Anchor LPs include an unnamed family office and IndusInd Bank, a former partner of InnoVen Capital when the firm was known as SVB India Finance. The fund is planned to be the largest venture debt instrument...
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