Stride Ventures launches $137 Mn Fund II, to invest $10 Mn in late stage startups


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Delhi-based venture debt firm Stride Ventures has announced the launch of its Fund II to invest up to INR 70 Cr ($9.6 Mn) in late stage startups. The target corpus of Stride Ventures’ Fund II is INR 1,000 Cr ($137 Mn) with a greenshoe option of INR 875 Cr ($120 Mn). The investment firm is looking at the first close of Fund II within the next three months, August 2021.