November 14, 2024 5:09 PM

Venture debt funding boosts Indian fintech and EV startups: report

The venture debt market in India is steadily expanding, resembling the early days of venture capital, particularly in emerging sectors like fintech and electric vehicles (EVs), according to a report released Thursday. Indian founders are increasingly turning to venture debt to bridge funding gaps and minimize equity dilution, as highlighted in the report by global investment firm Lighthouse Canton. This shift is primarily driven by limited equity funding in the market and a desire to preserve ...