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Startup news and updates: daily roundup (June 9, 2021)

Consumer and business loans company Capital Float said on Wednesday it has raised Rs 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The Bengaluru-based startup said it expects to use the funds to scale its operations and meet the demand of its user base of over two million customers, which has doubled over the last eight months.
B2B buyer engagement platform BuyerAssist.io on Wednesday announced that it had raised $2 million in seed financing led by Stellaris Venture Partners and Emergent Ventures. The round also saw participation from Better Capital and angel investors who are senior business executives/startup founders in the US and India. ....

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[Funding alert] Invoice factoring startup Reevoy raises seed round led by Stellaris Venture Partners

The startup said the funding will help the company to scale its technology and sales capabilities. ....

United Kingdom , Mohit Agarwal , Ritesh Banglani , Megha Reddy , Kishan Dadhich , Vaibhav Domkundwar , Ankur Khetan , Vinod Murali , Alok Bansal , Vinod Murali Alteria , Ramakant Sharma Livspace , Ashish Sharma Innoven , World Bank Group , Startup Angel Network , Stellaris Venture Partners , Better Capital , Ashish Sharma , Innoven Capital , Atul Mehta , Kunal Shah , Ramakant Sharma , Alteria Capital , Himanshu Aggarwal , Aspiring Minds , Managing Partner , Co Founder Ankur ,

Alteria Capital announces first close of venture debt fund at Rs 1325 Cr

Alteria Capital announces first close of venture debt fund at Rs 1325 Cr
Alteria Capital II has been heavily oversubscribed, exceeding the fund target of Rs. 1000 crore within four months of launch.
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The venture debt fund, Alteria Capital, has announced the close of its second fund. The fund stated that Alteria Capital II has been heavily oversubscribed, and has exceeded the target fund of Rs 1000 crore within four months of its launch.
The fund now has an AUM of Rs. 2300 Cr across two venture debt funds and is the largest venture debt provider in India currently. The fund received SEBI approvals in 2020 for its second venture debt fund with a target corpus of Rs. 1000 crore and a greenshoe of Rs. 750 crore. ....

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