BENGALURU -- Indian venture debt firm Alteria Capital on Monday announced it has raised 10 billion rupees ($120 million) to back startups in the country, which are increasingly looking for alternative sources of funding as equity investments dry up.
Finance
India's Alteria Capital raises $120m venture debt fund
Move comes as startups look for alternatives to equity financing
India's Alteria Capital has backed startups such as online restaurant company Rebel Foods and used car platform Spinny. (Source images from Alteria Capital Twitter and Kosaku Mimura)
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