This week, Mumbai-based venture capital firm Unicorn India Ventures became the latest to make a play for the local venture debt opportunity. The venture debt business, Joshi says, will run parallel to the firm’s venture capital business. Unicorn isn’t the only homegrown venture capital firm to recently diversify into venture debt. In terms of vintage, the venture debt asset class has been around in India for almost as long as venture capital. There are clearly more reasons than not to finally usher in the age of venture debt in India.

Source: Mint November 28, 2017 21:45 UTC