The India Venture Debt Report 2024 illuminates a pivotal year where venture debt transcended the billion-dollar mark, underscoring its vital role in the burgeoning Indian startup ecosystem. As traditional equity financing landscapes become increasingly competitive, venture debt has emerged as a compelling alternative, offering startups the dual benefits of growth capital and equity preservation. This report encapsulates how venture debt is reshaping the financial contours for new-age enterprises across India. It also disseminates the results of a detailed survey on Venture Debt as an asset class, conducted across founders, venture capitalists and investors (LPs) by Stride Ventures in February 2024.

Back in 2015, when the start-up landscape in India was at a nascent stage, as a banker Ishpreet pioneered the first-ever debt solutions for startups in India. In 2018, Ishpreet founded Stride Ventures and today it has become —India’s leading venture debt fund. They have partnered with companies like Zepto, Bira, Sugar, Spinny, Zetwerk and many more.