Former senior executives of InnoVen Capital, Ajay Hattangdi and Vinod Murali, plan to launch Alteria Capital, touted to be the country’s biggest venture debt fund with a corpus of Rs 1,000 crore. Alteria Capital will have a corpus of Rs 800 crore ($125 million) with a greenshoe option of ra…
Tag: Ajay Hattangdi
65% start-up leaders in India believe the sector is in a tech bubble
Nearly 65 per cent of startup executives and founders believe that the Indian startups are in a technology bubble, while 18 per cent feel that the bubble was close to bursting soon, a study by venture debt and specialty lending business, InnoVen Capital, said. The India Startup Outlook Report 201…
InnoVen Capital extends loans worth $6 million to Capillary Technologies, Simplilearn
Venture debt firm InnoVen Capital India on Sep 6 said it has extended loans worth a total of $6 million to consumer analytics company Capillary Technologies Pvt. Ltd and education technology start-up Simplilearn Solutions Pvt. Ltd. Backed by Singapore’s sovereign wealth fund Temasek Holdings Pvt.…