Investment firm Stride Ventures raises $200 mn to lend to startups

Venture debt firm, Stride Ventures announced the close of 'Stride Ventures India Fund II'. The capital was raised from banks, family offices, corporate treasuries, sovereign funds, private equity funds, insurance firms and high networth individuals. The fund's portfolio includes CredAvenue (Yubi), MyGlamm, Zepto, BluSmart, among others and it has disbursed over ₹1,600 crore in 70+ firms.