Alteria announces final close of second venture debt fund at Rs 1,800 cr

Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India

Alteria Capital has announced the final close of its second venture debt fund at Rs 1,800 crore. Alteria Capital II is the largest venture debt fund raised in India till date. Alteria Capital now has an AUM (assets under management) of Rs 2,750 crore across two venture debt funds, raised from domestic investors. This is the largest pool of debt capital available for startups in India.

Alteria Capital received approvals from Sebi in December 2020 for its second venture debt fund with a target corpus of Rs 1,000 crore. There has been strong interest from domestic investors to participate in