Banking veteran Rahul Gupta and seasoned fund manager Siba Panda have teamed up to establish a venture debt fund, ValuAble. As per the firm, it aims for target corpus of Rs 850 crore.
Rahul was previously Head of Financial Sponsors Coverage at Axis Bank and Siba, ex-founding member and CFO at Stride Ventures. ValuAble is the first fund in India to be steered by a fund manager who is visually impaired, bringing a unique dimension to the fund’s vision, promoting inclusivity and a fresh outlook on investment.
Rahul Gupta, Founder and Managing Partner at ValuAble, said, “With ValuAble, we don’t want to be just lenders; we want to be partners in the entrepreneurial journey of different startups. Our core philosophy is to be enablers for businesses, providing them with the necessary resources, mentorship, and tools to not only secure capital but also to foster sustainable growth. ValuAble is beyond the transactional nature of lending; we strive to build relationships that transcend money. As a team of bankers and fund managers, we possess a deep understanding of what it takes for companies to become bank-ready. Our mission is to ensure that every passionate entrepreneur has access to the capital they need, empowering them to realise their dreams and create lasting value.”
Siba Panda, Founder and Managing Partner at ValuAble, said, “Our mission is to co-build with founders in their entrepreneurial journey, offering support beyond capital infusion. We plan to achieve this by introducing bank credits much earlier than the norm, expanding market access for businesses, providing growth capital through strategic partnerships with VC funds and DFIs, helping companies bolster their ESG practices and instilling a strong culture right from the early days. Together, we aim to redefine success in the business world, nurturing ventures that not only thrive but also make a positive impact on society and the environment.”
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