Healthtech Startup Generico Raises INR 10 Cr Debt From Alteria Capital
Fri, Jan 8, 2021 7:30 PM

Healthtech Startup Generico Raises INR 10 Cr Debt From Alteria Capital

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Generico has raised INR 10 Cr in debt from venture debt company Alteria Capital. The company has also raised another INR 1 Cr from Alteria by allotting it Series A2 compulsorily convertible preference shares (CCPS).  According to the company’s filings, Generico has allotted 1,000 Series B debentures, at a face value of INR 10 per share and a premium of INR 1,03,040 per share.

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