B2B could be India's top sector for venture debt funding in 2023: Report

71% of founders of early-stage companies plan to raise venture debt this year

B2B (business to business) this year could potentially replace fintech as the most attractive sector for venture debt funding in India, said a report on Friday.

Consumer and electric vehicle (EV) sectors could become the second popular sector for such funding, said the India Venture Debt Report by Stride Ventures. The second-such survey was conducted among 150 start-up founders and venture capital (VC) firms.

B2B commerce is now behind fintech in amount disbursed, and the two sectors account for more than 70 per cent of venture debt transactions in India.

The survey said 82 per cent of start-up founders said