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Rahul Gupta and Siba Panda To Set Up Rs 850 Crore Venture Debt Fund ValuAble

The fund will adhere to ESG (Environmental, Social and Governance) principles and support start-ups in the pre-Series A and Series A funding stages

Rahul Gupta and Siba Panda To Set Up Rs 850 Crore Venture Debt Fund ValuAble

Outlook Start-Up Desk

POSTED ON October 28, 2023 10:04 AM

Rahul Gupta and Siba Panda have come together to establish ValuAble, a purpose-led venture debt fund. They are aiming to build a fund valued at Rs 850 Crore, to reshape the start-up ecosystem with investments in tech-first, and inclusive start-ups in India and globally. The fund will adhere to ESG (Environmental, Social and Governance) principles and support start-ups in the pre-Series A and Series A funding stages.

Rahul was previously head of financial sponsors Coverage at Axis Bank, and Siba was an ex-founding member and CFO at Stride Ventures.

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 start-ups. 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.” 

Rahul added that Valuable’s mission would be to ensure that every entrepreneur has access to the capital they need, empowering them to create lasting value."

Siba Panda, founder and managing Partner at ValuAble, said, “At ValuAble, our vision extends beyond conventional lending; we're committed to shaping a culture of equity, inclusivity, and sustainability that fosters the collective growth of all stakeholders. Our mission is to co-build with founders in their entrepreneurial journey, offering support beyond capital infusion.”

He added that they are planning to achieve the aim by introducing bank credits, 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.

ValuAble is a purpose-led 850 crore Venture Debt Fund, aligned with the UN SDG framework. It offers responsible capital & aims to bridge gaps to banking for founders.  

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