Fund News

Venture debt firm Stride launches fourth fund; eyes $300-M

Business Line  

Venture debt firm Stride Ventures has launched its fourth fund with a target corpus of USD 300 million.Stride, which has deployed funds across companies such as BlueStone, Upstox, Moneyview, Ather, among others, has surpassed USD 1 Billion in commitments across more than 150 portfolio companies.Stride Ventures announced the final closure of its Stride Ventures India Fund III at USD 165 million in May. The fund was focussed at backing start-ups across consumer brands, financial services and cleantech sectors.Stride’s portfolio has more than 140 start-ups under its belt, spanning sectors such as fintech, agritech, B2B SaaS and mobility.

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