Hercules Capital was founded as a specialty finance firm to serve the needs of both entrepreneurs and public investors, now with over $8.5 billion of capital commitments made to over 450 emerging growth companies since inception.

SVB starts venture lending in India and today, the venture debt market has grown rapidly with many well-known companies like Swiggy, Byju’s, OYO Rooms, Myntra, Big Basket & Yatra having benefited from it. In 2012, SVB JV with Shanghai Pudong Development Bank granted licence. Four years before going public, social networking giant Facebook took $100 million venture debt for building infrastructure, primarily servers.