Stride Ventures, the venture debt firm, on Wednesday announced the close of its second India fund at $200 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.
Stride Ventures India Fund II witnessed participation from banks, family offices, corporate treasuries, sovereign funds, private equity funds, insurance firms, and high net worth individuals. The fund’s first close in August 2021 had similar participation.
The fund’s portfolio includes CredAvenue (Yubi), MyGlamm, Zepto, BluSmart, Uni, Upstox, WayCool, MensaBrands, MediBuddy, Wiz Freight, Perfios, Moneyview, VideoVerse, Chalo, and Groyyo.
"Stride Ventures has already committed a large portion of the fund