Alteria Capital hits first close of third fund as venture debt gains traction

Alteria Capital hits first close of third fund as venture debt gains traction

Venture debt provider Alteria Capital Advisors, which has backed the likes of Indian startups BharatPe and Dunzo, has hit the first close of its third fund at $121.3 million (Rs. 1,000 crore) as venture debt asset class gains traction amid the funding winter.