Event Online Global FinTech Fest 2020 

 29 days ago
 Source: economictimes.indiatimes.com

How venture debt is becoming the go-to option for many startups

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With equity funding becoming dearer, venture debt is becoming the go-to option. Between January and May this year, venture debt funds disbursed $56 million across 21 deals. Businesses in spheres such as ed-tech, gaming, B-to-B marketplaces, intra-city logistics, health-tech, logistics, dairy-tech and agri-tech are finding it relatively easy to raise debt funding. "Venture debt, as an asset class, is relatively younger than venture equity... That apart, as startups grow older, their capacity to absorb debt also goes up. "We were lucky to raise some debt capital in December... By then, there were clear signs of a global slowdown.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

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