Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Lighthouse Canton's maiden venture debt fund makes first close at Rs.155.4 Cr
Global investment institution Lighthouse Canton has announced the first close of its India focused venture debt fund, a Category – II AIF, at INR 155.4 crore. The fund has a capacity of INR 550 crore and a green-shoe option of additional INR 550 crore. The fund saw participation from institutions and family offices. It will provide debt capital to technology-enabled companies. Earlier this year, Lighthouse Canton partnered with Nueva Capital to launch its maiden venture capital fund, LC Nueva, focused on pre-series A and series A companies. The fund was oversubscribed and applied for an additional INR 50 crore with the regulator.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.