Alteria Capital
Venture debtMumbai · Seed–Late Stage · 28 people tracked
Investment thesis
Alteria Capital provides venture debt and structured finance as an alternative to equity, enabling founders to fund growth while minimizing dilution and preserving ownership. Its investments are sector and stage agnostic, tailored to each founder's needs. The firm targets companies with strong institutional VC backing, exceptional founding teams with bold visions and proven execution, and scalable, differentiated business models with defensible market positions. Beyond capital, Alteria connects founders through its Alteria Activate network of corporates, service providers, investors and fellow startups to forge partnerships and growth opportunities. Drawing on the team that pioneered venture debt in India in 2008, Alteria positions itself as a patient, dedicated long-term capital partner.
Source: firm website, verified Aug 3, 2026.
Team · 28 people
from the firm's website & public directoriesWhat they invest in
from 20 of 35 portfolio companiesB2B Marketplaces ×7E-commerce ×6Fintech ×5Retail Tech ×4Consumer ×3SaaS ×3Advanced Manufacturing ×2AgTech ×2
HQs:India×18
Investments · 35 tracked
founders shown can be your intro path91Squarefeet is a construction company for India that uses AI-driven technology and a digitized, integrated construction supply chain spanning fixture factories, material OEMs, engineering consultants, labour contractors, and architects.
AI & Machine LearningConstruction TechEnterprise SoftwarePropTech
AdvantageClub.ai operates an employee engagement and rewards platform that provides corporates with client and employee benefits, perks, and rewards through a network of brand partners.
AI & Machine LearningFuture of WorkHR TechSaaS
Sourabh Deorah(Co-Founder & CEO)Smiti Bhatt Deorah(Co-Founder & COO)Girish Bindal(CMO)Devendra Powar(Director - Enterprise Solutioning - Wellness & Engagement)
Outdoors91 manufactures and sells bicycles and fitness equipment in India, delivering 99% pre-assembled products directly to customers across 600+ cities.
Advanced ManufacturingConsumerE-commerceIndia, IN
Full-stack electric fleet leasing platform enabling rapid EV adoption with 20,000 vehicles across 30 Indian cities.
ApnaKlub is a B2B wholesale platform that supplies retailers, SMEs, and business owners in India's Tier 2 and Tier 3 cities with a wide range of branded products, offering better margins, on-time delivery, and customer support.
B2B MarketplacesE-commerceRetail TechIndia, IN
Shruti(Founder & CEO)Manish Kumar(Co-Founder & COO)Gourav Das(Co-Founder & CPTO)Ashutosh Kumar(Co-Founder & Growth Head)
Autoverse Mobility is a digital distributor of auto parts for garage owners and vendors in India, offering online ordering, same-day delivery, and customer support through its e-commerce platform.
B2B MarketplacesE-commerceLogistics & Supply Chain
IIT alumnus and serial entrepreneurCEO driving innovation(CEO)Seasoned supply chain leaderSerial entrepreneur & founder of MotorWhiz
Ola Money is a financial services platform offering postpaid payment services and credit products for ride-hailing customers in India.
FintechMobility & TransportationMumbai, IN
Baaz Bikes manufactures electric scooters and swappable batteries for gig workers and last-mile delivery services in India.
EnergyHardwareMobility & TransportationDelhi, IN
Anubhav Sharma
Beato is a digital health platform for managing diabetes and weight loss, serving patients through connected devices, coaching, and medical oversight.
Digital HealthHealthtech
Emversity partners with existing universities in India to embed an industry layer into their programmes, including employer-designed curriculum, skill labs, clinical and hotel training, and guaranteed internships, so students graduate job-ready.
EdTechFuture of WorkHR TechBengaluru, IN
Vivek Sinha(Founder & CEO)
BharatPe is an Indian financial services and UPI payments platform serving merchants with QR-based scan-and-pay, utility and credit card bill payments, gift vouchers, and business loans.
E-commerceFintechRetail TechSaaSIndia, IN
PartnerVinod Murali· led
Biryani Blues (Thea Kitchen Private Limited) is a quick-service restaurant chain in India serving Hyderabadi dum-style biryani, packaged in earthen handis.
ConsumerFoodTechMarketplacesHyderabad, IN
Raymond Andrews(Co-founder)Aparna Andrews(Co-founder)
AgroStar builds technology solutions for Indian farmers, combining agricultural inputs, crop care products, and farm implements with digital platforms and farmer-focused applications.
AgTechB2B MarketplacesData & InfrastructureIndia, IN
Shardul Sheth(CEO & Co-Founder)Sitanshu Sheth(COO & Co-Founder)
PartnerPunit Shah· led
Mint (livemint.com) is an Indian business and financial news publication covering markets, companies, money, economy, and technology.
Media & Entertainment
Frequently asked questions
- What stage does Alteria Capital invest at?
- Alteria Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Alteria Capital's typical check size?
- Alteria Capital typically writes checks of $100K – $15M.
- What sectors does Alteria Capital focus on?
- Alteria Capital focuses on Consumer, EdTech, Fintech, FoodTech, Healthtech, Mobility & Transportation, SaaS, Sector Agnostic.
- Where is Alteria Capital located?
- Alteria Capital is headquartered in Mumbai, IN.
Media · Podcasts & interviews
featuring the teamThe state of Venture Debt Market Vinod Murali Alteria Capital
Alteria Capital · Vinod Murali
Alteria Capital’s Vinod Murali on How Venture Debt in India is Slated for Growth
Alteria Capital · Vinod Murali
Grandfather of Venture Debt Ft. Ankit Agarwal-Managing Partner at Alteria Capital
GoVenture By Spotify India · Ankit Agarwal
The state of Venture Debt Market | Vinod Murali | Alteria Capital
Entrepreneur India · Vinod Murali
Ankit Agarwal Of Alteria Capital Speaks On Startups Making A Beeline To Enter Dalal Street
CNBC-TV18 · Ankit Agarwal
Fueling Innovation: Founders on the Power of Venture Debt with Alteria
Alteria Capital
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