Private Credit

Fast, flexible, and structured financing via CAT-II AIFs

Private Credit via CAT-II AIFs

Fast, flexible, and structured financing without equity dilution

60-75
Days

Execution Timeline

Key Highlights

  • Non-Dilutive Capital Raise funds without giving up equity.
  • Flexible Repayment Moratoriums and bullet structures available.
  • Sector Agnostic Open to Manufacturing, SaaS, Infra, and more.

Ideal Use Cases

Acquisition Financing
Bridge to IPO
Capex Expansion
Promoter Buyback
Strategic Credit

Bespoke Financing for Non-Dilutive Growth

Our Private Debt practice offers a strategic alternative to equity dilution. We assist companies in optimizing their capital stack by accessing flexible, non-bank credit solutions. This serves as a critical bridge for high-growth enterprises that wish to extend their cash runway, fund acquisitions, or unlock working capital without eroding promoter ownership.

Venture Debt (Runway Extension)

For high-growth, VC-backed startups, we structure specialized debt facilities that complement equity rounds.

  • Runway Extension: Extend cash runway between equity rounds to hit higher valuations.
  • Minimizing Dilution: Non-dilutive capital significantly cheaper than equity.
  • Performance Covenants: Based on recurring revenue/growth, not just assets.

Mezzanine & Growth (Scale-Up Capital)

Hybrid debt instruments sitting between senior secured debt and equity for mature companies.

  • Acquisition Financing: Fund competitor acquisitions without exhausting cash.
  • Subordinated Debt: Higher leverage tolerance for capex or expansion.
  • Bridge to IPO: Cover IPO expenses/working capital during the "quiet period".

Special Situations (Structured Credit)

Bespoke credit solutions for complex scenarios where standard bank financing is unavailable.

  • Promoter Financing: LAS or NCDs for promoter equity infusion/creep-up.
  • Asset-Backed Securitization: Off-balance-sheet liquidity for fintech/NBFCs.
  • Recapitalization: Dividend recap to unlock owner liquidity without selling.

The Execution Process

From Credit Story to Closure

01

Credit Story

Crafting a "Credit Memo" highlighting cash-flow visibility and unit economics.

02

Lender Segmentation

Mapping to Private Credit Funds, Family Offices, or Venture Debt Funds.

03

Term Sheet

Negotiating Price (Spread vs IRR), Tenor, and "Covenant-lite" structures.

Placement & Drawdown

Managing agreements and ensuring CPs are met for timely drawdown.