Avendus Capital advises CredAvenue on its USD 90 mn Series A fund raise led by Sequoia Capital India with Lightspeed, TVS Capital and Lightrock as co-leads

At CredAvenue, our objective is to revolutionize the debt market through technology and innovation. We are the only enterprise debt platform offering all forms of
debt, both in India and globally and this reflects in the scale of business done by our platform since inception. We are building something truly transformational, and we aim to increase the debt to GDP of our country with CredAvenue. We are delighted to welcome the Series A investors to our journey. They will catalyse our mission with capital and guidance, to keep expanding our lead in this market.

CredAvenue is revolutionizing the debt markets globally, starting with India. The platform has built deep multi-product infrastructure rails with the largest lenders and seen adoption from a wide range of institutional borrowers which has driven large volumes on the platform. This transaction sets an example for significant value unlocking through a business carve-out. It has been our privilege to partner with them on this journey as they set out to disrupt India’s debt markets.