This investment aims to support fast-growing startups in fintech, EVs and consumer brands by addressing their short-term funding needs, such as working capital and inventory financing.
Trifecta Capital, Alteria Capital, EvolutionX, BlackSoil, Kalaari Capital, Stride Ventures, Chiratae Ventures, 3one4 Capital, and Northern Arc are the Top 10 Active Venture Debt Funds in India.
Mokobara, a direct-to- consumer backpack startup, secured $3.6 Mn (INR 29 Cr) from a number of funding partners, such as its current investors Saama Capital, Sauce VC, and Alteria Capital.
Showroom B2B, a business-to-business marketplace for unbranded clothing, secured $6.5 Mn in a Pre-Series A financing round, which was led by Jungle Ventures and included participation from Accion Venture Lab, Saison Capital, and ICMG Partners.