


India’s venture debt market saw over Rs 2,100 crore deployed across 130+ deals in H1 2025. Startups increasingly favour non-dilutive funding as equity capital tightens. Funds like Stride, Trifecta, and Alteria lead the trend, fueling growth and runway extensions.
The group’s first investment in a pure-play venture debt fund in India, through the International Financial Corporation, is expected to help the country attract more funding from institutional investors and expand capital requirements for venture debt providers.