Indian venture debt market is steadily growing: Lighthouse Canton report

Quick Summary:

In its report, Lighthouse Canton said the country’s growing fintech sector is a major driver for venture debt adoption.

"We believe that this mode of funding will be essential to foster innovation and empower startups, which will ultimately drive sustainable growth across the nation’s dynamic and evolving business landscape,” he added.

According to the findings, the shift has been primarily driven by the scarcity of equity funding and the desire to preserve ownership of companies.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Funding Policy Report Sector Growing Lighthouse Debt Canton Venture Indian

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 10:28:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23583751

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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