The only argument in favour of dilution at JSW Neo Energy would have been that the green energy generation companies are commanding higher valuation versus the fossil fuel-based energy generation companies.
For decades, venture capital (VC) funding has been the go-to option for startups seeking the financial support necessary to turn their innovative ideas
May 05, 2021
The amount of funding raised through venture debt hit a 25-quarter high in the January to March quarter of 2021. According to data from Venture Intelligence, a firm that tracks private companies’ investments, financials, and valuations, venture debt funding raised by Indian companies in the first quarter of the 2021 calendar year shot up to $91 million.
Debt investments led by Alteria Capital, Trifecta Capital, Stride Ventures, BlackSoil Capital, Anicut Capital, and InnoVen Capital have been considered here for the analysis.
Higher funding amount
“Founders have started understanding the benefits of having debt on one’s balance sheet and utilising the same to build assets.