US and Singapore-headquartered enterprise capital agency, B Capital, has introduced its funding in Indian debt market, CredAvenue, as a part of a $137 million Collection B fundraising spherical. US different funding companies, Perception Companions and Dragoneer, additionally participated within the spherical alongside present buyers, the announcement stated.
In September 2021, CredAvenue raised $90 million from Sequoia Capital, Lightspeed Ventures, TVS Capital, and Lightrock, in what it claims stays India’s largest Collection A spherical so far. Different sizeable Collection A rounds embody Mensa Manufacturers’s $50 million fundraise in Could, and FamPay’s $38 million capital elevate, in June final yr.
The most recent spherical brings Cred…
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