Alteria Capital

Alteria Capital has given a debt line of of INR 13 Cr to Dunzo

Alteria also invested INR 7.5 Cr in Dunzo’s funding round

The company filings revealed that it aims to be profitable by FY2023

Alteria’s maiden fund becomes first to qualify for top-up investment from SIDBI

Expected IRR to investors after cost expected to be between 12%-13%

Alteria Capital to invest in more growth-stage rounds of funding 

mfine aims to expand to Delhi-NCR, Mumbai, Chennai and Kolkata by end-2019

The company recently raised $17.2 Mn in a Series B funding round

Mfine claims to have grown 30% m-o-m in June

Alteria Capital said this is its largest venture debt investment in an Indian company

Lendingkart’s other investors include Fullerton Financial Holdings, Sistema Asia Fund, Bertelsmann India Investment & Mayfield India

The new funding will go towards growing its MSME lending business

This is Alteria Capital's second investment in Vogo

Vogo is also backed by Ola, Kalaari Capital and Matrix Partners

As part of deal Alteria Capital to put in INR 25 Cr, had invested INR 8 Cr in October

The funding is part of Series C round

Google, Blume Ventures and Alteria Capital participated in the funding round

Dunzo is part of Inc42’s 42Next List, a curation of India’s most innovative startups

The company will use funds to build inventory of 1 Lakh beds by 2021

Strategic partnership with Alteria will help Stanza work on developing interesting financing and funding structures

It raised $12.3 Mn from Sequoia Capital, Matrix and Accel Partners in the last 15 months

Swiggy has invested $4.39 Mn in Fingerlix

Fingerlix has raised Series B and C funding since July 2018

Swiggy is reportedly in talks to acquire UberEATS

ZestMoney has raised an undisclosed venture debt funding from Alteria Capital

The startup had raised $13.4 Mn in extended Series A in August 2018, led by Xiaomi

Last week, Alteria Capital invested $4.2 Mn in Pune-based Faasos

The funding of $3.6 Mn (INR 25 Cr) in Portea comes is in the form of venture debt

Alteria Capital has committed about $39.3 Mn across 15 transactions till date

Portea claims to serve 2.5 Mn patients across 16 cities in India

Google and other existing investors, Aspada Investment Advisors and Blume Ventures may participate in the round

This funding round will be a part of an extended capital-raising initiative

As per sources, Google may invest around $10 Mn in Dunzo

“We were able to do our first close in 100 days flat,” says Vinod Murali, managing partner of Alteria Capital

The celebrity ecommerce segment is going to play out in a big way in the next three-five years, according to Murali

Hope to complete funding of seven startups in about four to eight weeks, says Murali.