Veloce Fintech’s Venture Debt Fund For MSMEs Raises INR 140 Cr

Veloce Fintech has raised INR 140 crore for its venture debt fund aimed at supporting MSMEs (Micro, Small, and Medium Enterprises). This fund intends to offer flexible, debt-based financing solutions to these businesses, particularly those struggling to secure traditional bank loans. Veloce’s venture debt initiative addresses the funding gap that MSMEs often encounter in their growth trajectory. The fund’s investors include both global and Indian institutions, demonstrating strong interest in MSME growth. With this new fund, Veloce Fintech aims to foster the growth of diverse sectors within the MSME space, helping them scale while managing financial flexibility and risk mitigation.