Will focus on fintech, consumer startups, says Stride Ventures

AS IT LOOKS at its next phase of growth, venture debt firm Stride Ventures will increase focus on investments in consumer, fintech, and cleantech startups and reduce exposure to the B2B sector.

- URVI MALVANIA

The company on Tuesday announced its fourth fund in India, the largest so far, with a target corpus of $300 million.

Stride Ventures, which recently crossed the $1-billion investment mark in India, is also ramping up focus on late-stage startups, managing partner - India Apoorva Sharma, told FE. It is also looking to build its portfolio beyond the Indian shores as it expands presence in the UK and the Gulf Cooperation Council (GCC).