Bigbasket gets ₹100 crore in venture debt from Trifecta
The firm will use the funds to meet its working capital needs; it will also use it to set up new warehouses and scale up the supply chain of its recently launched milk subscription business.
The firm will use the funds to meet its working capital needs; it will also use it to set up new warehouses and scale up the supply chain of its recently launched milk subscription business.
Over the last three years years, venture debt, a relatively new concept in India, has emerged as a strong asset class in itself.
30% investors feel Asia presents the best opportunities for investing in private debt, says Preqin’s H1 2018 Investor Outlook survey.