India, May 1 -- Venture debt firm Stride Ventures has announced the final closure of its Stride Ventures India Fund III at $165 Mn, with support from a diverse mix of investors, including Insurance companies, family offices, corporate treasuries and high-net-worth individuals (HNIs).

The fund aims to back startups across consumer brands, financial services and cleantech sectors. The Fund III portfolio already comprises names like BlueStone, Moneyview, Moove, Foxtale, CureSkin, NewMe, and Nat Habit, just to name a few.

Commenting on the development, Stride's founder and managing partner Ishpreet Singh Gandhi said, "As we close Fund III, our vision extends beyond the immediate market horizon. This approach aligns with the global transform...