Venture debt manager Alteria Capital on Thursday said the International Finance Corporation (IFC) has made an investment in its Shorter Duration Scheme to mark its entry into the SME credit segment.
IFC joins Alteria Capital as an anchor investor in its Shorter Duration Scheme, aiming to address short-term financing needs of Indian start-ups and drive economic growth.
Alteria Capital, which has backed startups such as Rebel Foods, BlueStone, OneCard and Ather Energy, primarily offers venture ...
While the firm is yet to mark the final close of SDS, it has already invested in companies such as Ivy Homes, Swara Fincare, ...
The move aims to address urgent liquidity needs of high-growth startups in sectors such as fintech, electric vehicles, and consumer brands.