TLDR:
Stride Ventures has announced the closure of Stride Ventures India Fund III at $165 million, with a diverse mix of investors. The fund’s portfolio includes companies like BlueStone, Moneyview, Moove, Foxtale, CureSkin, NewMe, Nat Habit, and AgroStar.
- Fund III closed at $165 million
- Portfolio includes companies like BlueStone, Moneyview, Moove, Foxtale, CureSkin, NewMe, Nat Habit, and AgroStar
Stride Ventures, a venture debt firm, has closed Fund III at $165 million, with support from insurance companies, family offices, corporate treasuries, and high-net-worth individuals. The fund’s portfolio showcases a diverse range of companies in various sectors, and Stride Ventures aims to provide comprehensive financial solutions for Indian start-ups.
The firm has a portfolio of over 140 start-ups in different sectors, and has returned its Fund I in its entirety. Stride Ventures was also named ‘Venture Debt Investor of the Year’ for the third consecutive year at the APEX 2023 Awards by Venture Intelligence. The firm aims to continue supporting the Indian start-up ecosystem through innovative investment strategies and comprehensive financial solutions.
