Start-up founders turn to venture debt funds

The country’s top three venture debt firms -- Alteria Capital, Innoven Capital, and Trifecta Capital -- combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket,......

Post devaluation, Quikr is no longer a unicorn

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now......

Why investors are putting their money on venture debt

In 2018, venture debt providers cumulatively deployed Rs 1,300 crore.This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore.So what makes this asset class so......

Banks are investing big time in venture capital

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds Illustration: Uttam Ghosh/Rediff.com Raising a new fund from......