Last December,*the Delhi-based B2B e-commerce venture raised funding from Murugappa Group,* TVS Group, and Singapore-based Beenext Indian B2B e-commerce startup Industrybuying*has raised INR 12 crore (around US$1.8 million)*from venture debt provider Trifecta Capital. Venture debt is an alternate form of finance often used by startups to extend runway, fund capex, optimise dilution or finance their...
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The post Debt funding picks up in India as Industrybuying gets US$1.8M from Trifecta appeared first on e27.
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