Alteria Capital hits first close of third fund as venture debt gains traction
Alteria expects to complete the entire fundraise over the next few quarters.
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Alteria expects to complete the entire fundraise over the next few quarters.
Mumbai-based Alteria Capital has announced the first close of its INR 1,000 Cr debt fund 3, to back consumer, tech and healthcare startups.
PE activity in India this year won’t match the blistering pace set in 2021, but the sector remains healthy. AsianInvestor looks at how challenges and opportunities in the current global environment are affecting the outlook for the industry.
Venture debt fund BlackSoil, which has backed unicorns like OYO, Udaan, Upstox, etc. has raised a new fund to invest in mid and growth-stage startups. This comes amidst a slowdown in public equity markets.
Following a surge in activity last year, India’s PE industry has had a less frenetic 2022, but the pace of dealmaking is expected to stay brisk, drawing the likes of Ontario Teachers’ and CPP Investments.