Insights & Research
Expert perspectives on structured credit, bridge financing, and strategic capital allocation for high-growth enterprises in India.
Why Yulu Used Debt to Build 150,000 More EVs
Yulu raised $93M. Thirty million of it was debt, because you cannot buy 150,000 electric vehicles by selling shares. How to match instrument to asset.
How Zerodha Grew Without VC Funding: A Capital Strategy Breakdown
How Zerodha grew to a Rs 4,237 Cr net profit with zero venture capital and zero debt. A sourced breakdown of the capital strategy, and where it stops working.
Nykaa's Funding History Before IPO: How It Reached $1 Billion on Under $200 Million
Nykaa raised about $112M before its IPO, and only 11.8% of the Rs 5,350 Cr issue was fresh capital. A sourced breakdown of the funding history and what it cost.
How Can an Indian Startup Raise ₹10 Cr to ₹100 Cr Without Giving Away Equity?
How Indian startups raise Rs 10 Cr to Rs 100 Cr without giving away equity. Structured credit, venture debt, TReDS and what each actually costs in dilution.
The $2 Billion Loan Ritesh Agarwal Took to Buy Back OYO
To buy back a piece of OYO, Ritesh Agarwal pledged the only piece he still owned. The $2B loan, the 73% markdown, and what equity really costs a founder.
Structured Credit vs Traditional Bank Loans: What Indian Growth Companies Need to Know
Banks were built for a different era. Structured credit was built for yours. Here's the full breakdown — underwriting, speed, documentation, and which one actually fits a high-growth Indian business.
How Private Debt Funds Work in India — And Why They're Faster Than Your Bank
Private debt funds in India are deploying institutional capital to growth companies in 72 hours. Here's how they're structured, how they underwrite, and why they're built for businesses that banks won't touch.
What Is Venture Debt and Why Does It Matter for Pre-Series B Companies in India?
Venture debt gives Indian founders ₹50L–₹100Cr without equity dilution. Here's exactly how structured credit works, who qualifies, and why waiting for a bank is costing you the window.
Venture Debt vs Equity Dilution: What Founders in India Need to Know Before Their Next Round
Every equity round is a permanent decision. Venture debt lets you fund growth without giving up ownership. Here's the real comparison — numbers, mechanics, and when each makes sense.