Alteria Capital makes final close of third Venture Debt fund at Rs.1,550-Cr

Alteria Capital has made the final close of its third Venture Debt fund with INR 1,550 crore (about USD 186 million). The firm had adopted a twin scheme strategy as part of its Alteria Fund III, including - apart from the regular Venture Debt Scheme - a Shorter Duration Scheme. The final fund size, across both schemes, is expected to be USD 250-300 million.