Clensta Raises ₹ 50 Million Via NCD From N+1 Capital

Revenue-based growth capital firm N+1 Capital has received approval from the Securities and Exchanges Board of India (SEBI) for its first investment debt fund in order to deploy capital in India. The vision behind these $100 million (₹ 730 crore) funds is to provide 100+ entrepreneurs to grow their businesses profitably and sustainably through their growth stage. The benefits for entrepreneurs include no personal guarantee at stake, tech driven risk scoring model, have a greater flexibility and constant capital infusion. It also provides credibility, assurance, builds trust and reduces the time load for due diligence for the upcoming investors.

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