PROJECT

Projects

Summary of Investment Information

Project Number

49155

Company Name

Alteria Capital Fund III - Shorter Duration Scheme

Date SPI Disclosed

Jun 5, 2024

Country

India

Region

South Asia

Projected Board Date

Jul 8, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 26, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Funds

Previous Events

Approved : Aug 9, 2024
Signed : Jan 6, 2025
Invested : Feb 19, 2025

Sector

Other Non-Private Equity Fund

Project Description

The proposed project envisages an investment of up to US$12 million in INR equivalent in a target US$100 million Alteria Capital Fund III – Shorter Duration Scheme (ACF3 SDS or the Fund) debt fund, managed by Alteria Venture Partners LLP (“AVP” or Alteria or Fund Manager). The Fund will provide short-term secured debt to venture capital backed start-ups (the Project). The companies will be digital finance services (DFS) providers as well as will include consumer products, B2B platforms, Climate tech and services companies in India. These companies will be technology driven micro, medium and small enterprises (MSMEs).                                                   

Associated Advisory Engagement

N/A                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation