The Department for Promotion of Industry and Internal Trade (DPIIT) has announced a partnership with Stride Ventures, a leading venture debt firm, to enhance funding opportunities for high-potential start-ups. This collaboration aims to create significant growth avenues by combining financial support with strategic mentorship and market access.
Joint Secretary Sanjiv highlighted that Stride Ventures will design specialized programs and participate in initiatives like the Bharat Grand Challenge to foster innovation, entrepreneurship, and investment. Ishpreet Singh Gandhi, Founder and Managing Partner of Stride Ventures, emphasized the firm’s billion-dollar commitment to empowering start-ups, reaffirming its dedication to strengthening India’s entrepreneurial landscape.
As part of the partnership, Stride Ventures will focus on identifying and supporting high-growth start-ups with funding, market access, and policy assistance. The initiative also prioritizes start-ups from tier-2 and tier-3 cities, offering tailored guidance, mentorship, and access to a global network of experts to accelerate their growth.
Additionally, it seeks to promote awareness about alternative funding options, such as venture debt, enabling start-ups to achieve their ambitious growth objectives. Stride Ventures is a leading venture debt firm in India, dedicated to empowering high-growth start-ups by providing tailored funding solutions and strategic support.
With a strong focus on fostering innovation, the firm bridges the gap between equity and traditional financing by offering flexible debt options that complement entrepreneurs’ growth ambitions. Stride Ventures has committed over a billion dollars to nurture the start-up ecosystem, emphasizing its role as a catalyst for scaling businesses across diverse sectors. Beyond financial backing, the firm leverages its extensive network to provide market access, mentorship, and policy guidance, ensuring that start-ups achieve sustainable growth while navigating the complexities of scaling in competitive markets.
