 "money, cash, investment, stocks, tax, funds, investors, investment, shares, lenders, lending, loans, funding")
Venture lending fund, Stride Ventures announced the first close of Stride Ventures India Fund II, securing commitments of Rs 550 crore out of its target corpus of Rs 1,000 crore, with an additional greenshoe option of Rs 875 crore.
Having received approval from Securities Exchange Board of India (SEBI) in June 2021, the firm has been able to raise more than half of its targeted corpus of Rs 1,000 crores within two months since the announcement of the launch, amidst significant investor interest.
Ishpreet Gandhi, founder and managing partner, Stride Ventures, said, “With the majority of investors from our maiden fund returning
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