IAN joins hands with Indifi to offer debt funding
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The Indian Angel Network has announced a partnership with Indifi Technologies to launch a Growth Stage Debt Fund to help IAN portfolio companies get working capital. The companies said through this fund, startups will be able to avail debt in the range of INR 10 Lakh- INR 2 Cr based on the revenue pattern of the business and will benefit startups with no equity dilution or other equity-related rights for the lender.