Stride

Actis signs agreement to buy Macquarie’s Stride platform

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Bank of America Corp. (BofA) is running the sale process for the deal, which has an equity value of around $163 million, and it is expected to be completed by February.  Mint reported on 28 December 2023 that Actis is one of the firms interested in the Stride platform, which has more than 415 megawatts … Read more

Fintech’s new fuel: Venture debt takes centrestage amid a funding crunch

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Venture debt is essentially a high-interest loan advanced to early stage companies that want to raise capital without diluting equity, or one that they turn to when venture capital becomes scarce. To be sure, although venture debt has gained significant ground, venture capital remains the main source of finance for startups. This year, fintech has … Read more