Seed

Debt Financing

Series A

Series B

Series D

Series C

Others

Series E

Delhi

Ishpreet Singh Gandhi

Fariha Ansari Javed

If you're ready to take your business to the next level with Stride Ventures we want to hear your pitch.

Investment in Startup

Stride Ventures: An industry leader in funding technology. Explore trends and strategies on Lucidity Insights.

Stride Ventures

Stride Ventures is a venture capital firm in India which aims to invest in innovative startups across the country.

Bangalore

Ather Energy

Manufacturing

Electric Vehicle

Automotive

Transportation

Ather Energy manufactures electric scooters and an electric vehicle charging network called AtherGrid. It focuses on building a complete ecosystem for India’s electric vehicles powered by indigenous design and all locally manufactured.

Mumbai

Rebel Foods

E-Commerce

Foodtech

Cloud Kitchen

Food Delivery

Rebel Foods, formerly known as Faasos, is pioneering the world's largest chain of online restaurants with over 25 own brands and a network of 4000+ restaurants across 10 countries.

Ahmedabad

BluSmart Mobility

Ride Sharing

BluSmart Mobility is a provider of electric shared smart mobility platforms for efficient, intelligent, and sustainable transportation. The company's mission is to help transform Indian cities by building a holistic and comprehensive electric on-demand mobility platform.

Lagos

Moove

Fintech

Financial Services

Moove is a mobility fintech company on a mission to drive productivity and success for the world’s mobility entrepreneurs by democratising access to vehicle ownership for those with limited or no access to a vehicle or vehicle financing. We use our revenue-based financing model on a global scale to serve millions of entrepreneurs in the mobility industry.

Perfios Software Solutions

Finance

Insurance

Insurance Technology

Perfios Software Solutions is India's largest SaaS-based B2B fintech software company empowering 1000+ FIs to take informed decisions in real-time.

Glance

Software

Information Technology

Artificial Intelligence (AI)

Software Dev/Test

Glance is a consumer technology company that operates disruptive digital platforms, including Glance, Roposo, and Nostra.

Chennai

WayCool

Agriculture

Agritech

WayCool is the largest and fastest-growing agri-commerce company in India, specializing in food development and distribution by using innovative technology.

Yubi

PaaS

Analytics

The Yubi Group is the world’s only technology company powering the end-to-end debt lifecycle, facilitating every stage of the flow of money from lenders to borrowers and back to lenders.

Brnd.me

Technology

Fashion

Lifestyle

Internet

Beauty

Publishing

Personal Care Products

Wellness

Brnd.me (formerly Mensa Brands) is a consumer brand aggregator that builds and scales fashion, beauty, FMCG, and home decor brands in India by leveraging technology, omni-channel growth strategies, and a world-class supply chain, backed by leading global investors.

LEAD Group

Education

E-Learning

EdTech

Mobile Apps

LEAD Group is India's largest and fastest-growing School Edtech company, dedicated to transforming schools through innovative, technology-driven solutions

Bizongo

Riyadh

erad

erad is on a mission to empower SMEs in the Middle East with financial solutions.

Progcap

MediBuddy

Healthcare

Chalo

Big Data

Mobility

Chalo is a transportation technology startup offering a transport app that delivers real-time transit information.

Upstox

MyGlamm

HomeLane

Furniture

Fashinza

Ripplr

Logistics

Ripplr is a full-stack tech distribution and logistics company that offers data-driven analytics and plug and play systems.

Uni Cards

Exotel

SaaS

Cloud Data Services

Machine Learning

Exotel is a SaaS company with full stack customer engagement, including contact center software, communications API, and conversational AI.

SUGAR Cosmetics

Miko

AI/IoT

VideoVerse

BRKZ

Construction

Marketplace

Building Material

BRKZ is a B2B construction tech startup revolutionizing the buying and selling of building materials, through a managed marketplace.

Dubai

Merit Incentives

Merit Incentives is a global engagement technology and solutions company that helps businesses boost customer and employee engagement through its innovative enterprise solutions.

Wiz Freight

Freight Service

Battery Smart

Ace Turtle

Groyyo

Detect Technologies

Wilmington, Delaware

Maalexi

Supply Chain

Blockchain

Information Services

Risk Management

Maalexi is a dynamic risk management platform assuring payment and performance for small agri-businesses in cross border trade.

GramCover

Farming

PhableCare

ReshaMandi

AgTech

FabAlley

Pocket Aces

Content

LEAD

ZipLoan

Kristal.AI

Banking

Neemans

GlobalFair

Jai Kisan

CredR

Toothsi

RenewBuy

OTO Capital

Oben Electric

Oben Electric is an electric 2-wheeler manufacturing company that performs in-house designing, R&D, and manufacturing of its product.

BlissClub

Metalbook

Logistics & Storage

Castler

MoEVing

TenderCuts

Consumer

Bulk MRO Industrial Supply

Solar Ladder

Service Industry

LetsTransport

Healofy

Locofast

StellSoftware Dev/Test

A premier global venture debt firm based in India, Stride Ventures has announced Maalexi as its first venture debt investment of USD 1 million, part of a larger commitment in the GCC region. This announcement represents a significant milestone in the company’s international strategy. Stride Ventures is committed to promoting innovation in developing nations, as demonstrated by this action. The investment is expected to expedite Maalexi’s expansion objectives and enhance its operational proficiencies, thereby promoting more efficacious procurement and distribution of food and agricultural produce throughout the region.

Maalexi raised $1 M investment from global venture debt firm Stride Ventures

Merit Incentives, a technology solutions and loyalty management company, announced the closing of a $28 million Series B funding round from Investment Capital, Stride Ventures, Tech Invest Com, and Oryx Fund.

Merit Incentives Closes $28 Million Series B

Edtech unicorn Lead School on Wednesday said it has raised Rs 160 crore ($20 million) in a debt funding round co-led by Alteria Capital and Stride Ventures.

The round also saw participation from Standard Chartered Bank, HDFC Bank, and ICICI Bank.

The fresh capital will help finance the company’s organic and inorganic growth ambitions, it said in a statement.

Lead Snags $20 Mn from Alteria, Stride Ventures, Others

Electric scooter maker Ather Energy has raised Rs 286 crore or $34.5 million through debt and equity. This is the first round of investment for the Bengaluru-based company this year.

Stride Ventures invested Rs 200 crore via debentures while co-founders of the company Tarun Sanjay Mehta and Swapnil Babanlal Jain pumped in Rs 43.28 crore each via Series F preference shares, its regulatory filings accessed from the Registrar of Companies show.

Exclusive: Ather Energy raises $34.5 Mn; co-founders invest over $10 Mn

stablished in 2021, Mensa Brands is a dynamic global entity headquartered in Singapore, spearheading the creation of a premier house of brands with a digital-first approach. Through its Indian subsidiary, Mensa Brand Technologies Private Limited, based in Bangalore, the company oversees a diverse portfolio of internet-first brands spanning Fashion, Beauty and Personal Care, Home, and Electronics. Mensa Brands employs a strategic growth model centered around acquiring and nurturing brands across various categories, augmenting their quality and expanding their reach horizontally over time.At Mensa, we believe in building lasting partnerships with visionary founders and investing in their businesses to drive growth and global expansion. Leveraging our expertise in e-commerce, technology, marketing, category management, and demand planning, we propel brands to new heights by enhancing their direct-to-consumer sales channels and fostering their global presence. Our approach not only offers founders a lucrative financial exit but also enables them to continue profiting as Mensa elevates their brand to household status. Led by Ananth Narayanan, former CEO of Myntra and co-founder of Medlife, Mensa Brands boasts a core team with over 60 years of collective e-commerce experience and a dedicated cadre of operators committed to scaling and amplifying brand growth. Supported by esteemed investors such as Accel, Falcon Edge, Norwest, Alteria, and Innoven Capital, Mensa Brands is poised to redefine the landscape of digital-first brand creation and expansion.

Mensa - Stride Ventures

Within six months of starting the business, Mensa has already raised more than $300 million in equity and debt. It has also secured debt financing from Alteria Capital, InnoVen Capital, Piramal Capital, Stride Ventures, and TradeCred, among others.

Mensa Brands acquires home décor label Folkulture

Tiger Global-backed house of brands startup BRND.ME (formerly Mensa BrandsMensa Brands Datalabs_in-article-icon) is raising INR 48 Cr (around $5.6 Mn) debt funding from existing investor Stride Ventures.

The unicorn’s board passed a resolution in March to issue 4,800 non-convertible debentures (NCDs) to raise the sum, as per its filings sourced from the Registrar of Companies (RoC).

The house of brands unicorn plans to use the capital to meet its working capital requirements and general corporate purposes.

Exclusive: Mensa Brands To Raise INR 48 Cr Debt From Stride Ventures

Glance, the AI-powered subsidiary of contextual advertisement tech player InMobi, has raised around $23 million in debt financing from Stride Ventures, marking its first debt funding and first capital infusion since 2022, according to regulatory filings. The funds will support growth, expansion and general corporate activities.

Glance raises $23 million debt from Stride Ventures, IPO at least 2-3 years away

Mobility FinTech firm, Moove, has successfully raised $10m in a debt round from Stride Ventures.
The newly acquired funds will be instrumental in Moove’s strategic plan to broaden its reach within India, according to a report from Entrackr. The company intends to use the investment to expand into new cities, including Delhi, Pune, and Kolkata. This expansion is not just geographical but also operational, as Moove aims to increase its fleet size to over 5,000 vehicles.

Moove secures $10m in first external debt funding round led by Stride Ventures

Moove, the Nigerian mobility fintech startup, has raised $10 million in new debt funding from Stride Ventures to expand its business in India.
The latest funding will be utilised to scale the Indian fleet to over 5,000 and expand into new markets including Delhi, Pune and Kolkata, the startup said in a statement.

Moove Secures $10mn Debt Funding From Stride Ventures

Delhi-based venture debt company Stride Ventures has infused INR 50 Cr in agritech startup WayCool as a part of its debt funding round. 

With this round, Stride Ventures plans to expand its portfolio of new-age Indian startups that are working in diverse sectors.

Meanwhile, WayCool is looking to utilise funds to make tech-related expansions.

Commenting on the debt funding, Chinna Pardhasardhi, chief finance officer of WayCool, said, “We at WayCool have been taking several tech-driven initiatives to innovate and bolster the Indian food economy. We welcome Stride Ventures to the Waycool family joining us in our journey to build one of the leading food and agritech platforms.”

Stride Ventures Infuses INR 50 Cr In Agritech Startup WayCool

Cloud kitchen brand Rebel Foods has picked up another debt round amid funding winter. The parent company of EatSure (previously Faasos) has raised Rs 75 crore in debt from Catalyst Trustship (Northern Arc) and Stride Ventures.

The board at Rebel Foods has passed a special resolution to issue 7,500 Series F non-convertible debentures at an issue price of Rs 1,00,000 per debenture to raise Rs 75 crore, regulatory filings with the Registrar of Companies (RoC) show.

Catalyst Trustship has invested Rs 25 crore while Stride Venture pumped in Rs 50 crore. In 2022, the Bengaluru-based firm had raised Rs 225 crore in debt across three rounds from InnoVen Capital, Trifecta Ventures and Alteria Capital.

Exclusive: Rebel Foods raises debt from Northern Arc and Stride

Fintech startup Perfios has raised Rs 50 crore debt from existing backer Stride Ventures. This is the first debt round of the Bengaluru-based company in 2022.

The board at Perfios has passed a special resolution to issue 5,000 Series B2 non-convertible debentures (NCD) to Stride Ventures at an issue price of Rs 1,00,000 per debenture to raise Rs 50 crore or $6.1 million, the company’s regulatory filing with the Registrar of Companies (RoC) shows.

The fourteen-year-old company offers a host of services to financial institutions including income analysis, fraud checks, verification and automated customer onboarding. The company claims to have a presence in over 18 counties, working with around 735 financial institutions.

Perfios had raised $70 million in a Series C funding round in February this year and valued at around $400 million (post-allotment). It has scooped up around $100 million in funding to date.

Currently, Warburg is the largest shareholder in the company with 41.69% stake, followed by Bessemer which holds 32.12% cap table. The company’s co-founders – VR Govindarajan and Debashish Chakraborty own 7.52% and 7.39% stakes respectively.

While Perfios is yet to file its financial numbers for FY22, its revenue from operations decreased 2.1% to Rs 72.5 crore during FY21 from Rs 74 crore in FY20. As per its annual financial statement with the RoC, the company’s losses surged 19.5% to Rs 32.65 crore in FY21 as compared to Rs 27.32 crore in the previous financial year (FY20).

Amid funding winter, several startups have been raising debt funds as it helps founders to get working capital without diluting any equity. The list includes HomeLane, Rebel Foods, Ather Energy, Epigamia, ElectricPe, BeatO, Ayekart, Mobikwik and DaMENSCH among many others.

In August, Stride Ventures had announced the close of its Fund II at $200 million. Yubi, Zepto, Uni, Upstox, Moneyview, Waycool, and HomeLane, among others are its portfolio companies.

Exclusive: Fintech startup Perfios raises debt from Stride Ventures

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Stride Ventures

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Funding Deals, by Region

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Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

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About

Legal

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Portfolio Companies
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