Alteria Capital

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.

Alteria Capital has announced the second close of its fund at $85.48 Mn (INR 625 Cr)

The firm has also invested $1 Mn venture debt in scooter rental startup Vogo’s Series A round

Alteria Capital is already an investor in Raw Pressery, Fingerlix, and Toppr

Raw Pressery plans to use the funding to scale its new categories — nut milk, soups, and probiotic dairy drinks

Alteria Capital will invest 10% of its $150 Mn fund in Raw Pressery as equity

Till date, Raw Pressery has raised $27.13 Mn from existing investors Sequoia Capital, Saama Capital, and DSG Consumer Partners

The Firm Had Earlier Raised $56.1 Mn For The First Close Of Alteria Capital India Fund I

Invested In Fingerlix Last Month, This Is The Second Investment From Alteria Capital’s Maiden $154.5 Mn Fund, Closed Recently

Fingerlix Represents The First Investment Out Of Alteria Capital’s Maiden Venture Debt Fund

The Venture Debt Fund Will Also Have A Greenshoe Option Of $30 Mn

Here Are The Five Startup Funds That Garnered Attention In 2017

Unicorn India Ventures’ Debt Fund Will Look To Invest In About 10 Startups Every Year

Venture Debt Fund Alteria Capital Has A Corpus Of $157 Mn, Will Focus Bets On Series A Rounds