SG-based Lighthouse Canton hits first close of new venture debt fund at $20m
The $100m fund will focus on distributing debt capital to tech-based startups in India & Southeast Asia.
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The $100m fund will focus on distributing debt capital to tech-based startups in India & Southeast Asia.
Singapore-based global investment firm Lighthouse Canton has marked the first close of its INR 550 Cr India-focused venture debt fund.
The fund has seen participation from onshore and offshore institutions and family offices, the investment firm said in a statement.LC Lighthouse Canton Venture Debt fund expects to deploy the capital in the next two years across 35-40 companies, the statement said.Given that our venture debt strategy is regional, we can also support a startup with aspirations to expand out of the domestic market.
Get latest articles and stories on Latest News at LatestLY. Electric vehicle financing digital platform Revfin on Thursday said it has raised USD 10 million (over Rs 80 crore) in a Series A round of funding. Latest News | Revfin Raises USD 10 Mn in a Series A Funding.
Uniindia: Mumbai, Oct 20 (UNI) Revfin, India’s largest EV financing platform for individual drivers has closed its Series A round of funding worth USD 10mn in a combination of equity and debt.