06 Jul 2020, Edition - 1819, Monday
Vector Capital Looks at Adding Value to the Indian Start-Up Ecosystem
May 1, 2020
Business Wire IndiaAs one of the early
movers in the venture debt segment, and looking
to revolutionize funding
in India, Vector Capital has launched
with a focus
to provide capital to new and innovative
VC funded start-ups.
The Vector Capital investment thesis
is to focus on ventures
in Consumer Internet, Enterprise
& Healthcare, BFSI, and Retail
Vector Capital is a venture debt company, which offers funded start-ups an alternative, less expensive, more efficient method of acquiring speedy capital for their operations and imminent scaling. Established in September 2019 and headquartered in Delhi NCR, Vector Capital has funded some leading ventures, and it is driven by a deep conviction that money without empathy is just money and not desirable.
"We consider ourselves
a boutique, profoundly engaging
firm that creates value by building relationships
with our mantra being
says Sidharth Agarwal, CEO of Vector Capital. "We founded Vector Capital based on values of thought leadership, connecting our venture partners
to our global
& local network
for their business growth, and,
all, giving them
a tailor-made credit solution that
works for them."
2019, Vector Capital has lent venture debt
10 million to Nextenders,
a web-based procurement and tendering solutions company,
for a period of one
year to help the company extend
its working capital runway
for its new Philippines project.
with its Philippines partner Nextix
had jointly bid
for the tender
for Acquisition and Customisation of
an Electronic Government Procurement
System in Philippines.
“Venture debt has supported us
to efficiently and quickly
raise and manage our short-term and project based working capital requirements, allowing us
to focus on project execution.
Not having to worry about
a great benefit, as we are able to link the venture debt
repayment with project milestone payments" says Tapan
Mehta, CEO of Nextenders.
Vector Capital has been co-founded by Sidharth Agarwal
– Managing Director Creative Impex
, Navyug Mohnot
– Global CEO of
QAI and Founder of
QGLUE, and Rahul
Gupta- Angel Investor
in 20+ companies, organizational
and CEO coach
and Pulkit Jain.