Urban Ladder raises $3 million venture debt from Trifecta Capital - News Summed Up

Urban Ladder raises $3 million venture debt from Trifecta Capital


Urban Ladder is one of the most well-capitalized online furniture businesses, backed by TR Capital, Sequoia Capital, Steadview Capital, SAIF Partners and Kalaari Capital. “Debt capital makes sense given the cost of capital is lower. Urban Ladder is one of the most well-capitalized online furniture businesses, backed by TR Capital, Sequoia Capital, Steadview Capital, SAIF Partners and Kalaari Capital. Venture debt is becoming popular among start-ups, as venture capital firms are tightening their purses, raising questions over unproven business models of start-ups. For instance, InnoVen Capital India, a venture debt firm backed by Singapore’s sovereign wealth fund Temasek Holdings Pvt.


Source: Mint August 24, 2016 04:07 UTC



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