Stride Ventures closes third fund at $165M yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
The third fund has garnered strong support from a diverse mix of investors, including insurance companies, family offices, corporate treasuries and high net-worth individuals (HNI), it said in a statement.
Get latest articles and stories on Latest News at LatestLY. Venture debt firm Stride Ventures has raised USD 165 million (about Rs 1,380 crore) for its Fund III, which it plans to invest in Indian startups within a year, the company said on Wednesday. Latest News | Stride Ventures Raises USD 165 Mn for Fund III.
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.
NEW DELHI, Jan 21: Clinical beauty tech startup Toothsi on Friday said it has raised USD 9 million (over Rs 65 crore) in a debt funding round led by Stride Ventures. The company, which offers at-home smile makeover services, such as dental alignment, said it plans to invest in technological advancements, geographical expansion and brand building. Currently, it is present in 11 cities across the country. “We aim to leverage our health tech doctor directed platform to provide Indians the […]