Venture debt firms see pick up in demand as equity deals slow

Venture debt firms lend to new economy start-ups which are high-growth companies, asset-light and might have cash burn. Photo: Priyanka Parashar/Mint Mumbai: The slowdown in the availability of equity funding

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Buddy, a student micro-financing start-up, raises $500,000

Bengaluru-based Buddy provides small loans to purchase smartphones and laptops among others to help the student during academic years. It has several short and long-term repayment plans across 3-18 months.

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TableHero raises $1 million from growX ventures, Freecharge founders, others

Apart from growX, FreeCharge founders Kunal Shah and Sandeep Tandon, India Value Fund Advisors partner and former chief executive officer of Network 18, Haresh Chawla, Powai Lake ventures and Globevestor

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Amazon to buy Emvantage Payments

The announcement comes shortly after Amazon infused an additional Rs.1,696 crore into its India unit in December 2015 to take on local rivals Flipkart and Snapdeal. Photo: Reuters Bengaluru: Online

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