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Portea raises venture debt of Rs 25 Cr led by Alteria Capital

8 1 0
20.12.2018

Portea, the Bengaluru-based home healthcare startup, has raised Rs 25 crore venture debt led by Alteria Capital. Last year, in November, the health-tech platform had raised equity funding of $26 million.

In a statement, Meena Ganesh, Co-founder and CEO, said,

“The team at Alteria Capital are quick to understand the needs of the business and are long term partners. Venture Debt is a great alternate source of capital for high growth businesses like Portea and we are excited to partner with Alteria."

Alteria Capital is an Rs. 800 crore fund with a greenshoe of Rs. 200 crore. It........

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