Stride Ventures closed a $165 million third fund, supported by various entities. The fund focuses on consumer and financial services sectors, with Apoorva Sharma explaining the adjustment from the initial $200 million target.
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.
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