innoven capital

Venture debt is gathering steam as founders and VCs face valuation mismatch, but experts caution about the potential risks.

Since 2017, the venture debt firm has invested in over 100 startups in the country, disbursing over US$400 million in total.

Niro enables consumer internet companies to offer personalized credit options and products to end users.

The company plans to diversify its portfolio by adding new categories, such as beauty and personal care.

InnoVen Capital’s Ben Cheah shares what he thinks about the deck that the fintech unicorn used in 2015 to raise its seed round.

This is the third fund from the group in recent months, following the launch of InnoVen Capital India Fund and InnoVen SEA Fund.

Also, IPO-bound fintech firm Mobikwik enters the unicorn club, and Antler India announces its maiden set of pre-seed investments.

The venture debt firm will soon seek additional investors to participate in the new Southeast Asia-focused fund.

ReshaMandi serves as a marketplace for India’s silk supply chain, which includes farmers, enterprises, and retailers.

The deal pushes Edamama’s total funds raised from investors to US$6 million to date.