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Rahul Gupta And Siba Panda Launch Rs 850 Crore 'ValuAble' Venture Debt Fund

ValuAble led by a former banker and fund manager will invest in new-age, tech-led, purpose-driven businesses

Rahul Gupta And Siba Panda Launch Rs 850 Crore 'ValuAble' Venture Debt Fund
POSTED ON October 25, 2023 12:23 PM

Rahul Gupta and Siba Panda, both experienced professionals in banking and finance, have joined forces to create ValuAble, a venture debt fund in India. In its statement issued to inform the development, the investment firm said that the goal is to build a fund worth Rs 850 Crore and change the landscape for start-up companies. They plan to invest in start-ups that are passionate about technology and inclusivity, not only in India but globally. 

Rahul, who used to lead financial sponsor coverage at Axis Bank, and Siba, a former founding member and CFO at Stride Ventures, are the driving forces behind ValuAble. What makes this fund stand out is that Siba, the fund manager, is visually impaired, bringing a fresh and inclusive perspective to their investment approach, the statement added.  

Rahul Gupta, founder and managing partner at ValuAble, said, “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, “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." 

ValuAble is a purpose-led 850 crore venture debt fund, aligned with the UN SDG framework. It offers responsible capital and aims to bridge gaps in banking for capable and ambitious founders.

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