services for startup

Mumbai-based venture debt firm Alteria Capital has once again proven its prowess in the investment landscape by closing its third fund at an impressive amount of Rs 1,550 crore, surpassing its initial target of Rs 1,000 crore. The firm, founded in 2018, has quickly established itself as a reliable partner for startups looking for growth capital.

Alteria Capital is known for its strategic investments in high-potential startups like Rebel Foods and Ather, which have seen tremendous success in their respective industries. With this new fund, Alteria aims to continue its support for startups across diverse sectors, including consumer brands, fintech, and emerging areas like Gen AI and space tech.

The venture debt model adopted by Alteria provides startups with a non-dilutive source of capital, enabling them to scale their operations without giving up equity. This approach has proven to be especially valuable for startups that have reached a stage of growth where traditional debt financing may not be suitable.

services for startup

The success of Alteria’s third fund is a testament to the firm’s strong track record and the confidence that investors have in its ability to identify and nurture promising startups. With the Indian startup ecosystem booming, there is a growing demand for alternative sources of funding, and Alteria is well-positioned to meet this need.

In addition to providing capital, Alteria also offers valuable strategic guidance and networking opportunities to the startups it invests in. This hands-on approach has helped many of its portfolio companies achieve significant milestones and reach new heights of success.

As Alteria Capital continues to expand its investment portfolio, it is poised to make a significant impact on the Indian startup ecosystem. By fueling the growth of innovative and ambitious startups, Alteria is playing a crucial role in driving economic growth and technological advancement in the country. With its latest fund, the firm is well-equipped to support even more startups in their journey towards success.

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