PhableCare Raises USD25M in Series B Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Elevation Capital has pumped about $2 Bn in more than 150 companies, of which 13 startups have become unicorns
Capital-hungry start-ups are turning to venture debt as increasing frequency of liquidity events make founders realise the true cost of equity capital. Plus, venture debt can be deployed faster, and might even yield greater returns at lower risks.
The funding also saw participation from Axilor Ventures, Fundamental, Arali Ventures, Stride Ventures & Alteria Capital.
Investment marks largest Series A funding in Indian logistics; Wiz plans expansion into SE Asia, Middle East & Africa.