Stride Ventures Secures PIF Partnership, Plans Over $1 Billion Global Credit Deployment

Stride Ventures has announced a significant partnership with the Public Investment Fund (PIF) of Saudi Arabia through its Jada Fund of Funds. This collaboration is a strategic move for Stride, enhancing its network of sovereign and institutional partners on a global scale. The partnership is expected to facilitate the deployment of over $1 billion in credit across various sectors, positioning Stride to capitalize on emerging investment opportunities globally. This development aligns with Stride's mission to support innovative companies and foster entrepreneurial growth, particularly in the Indian market. As credit demand continues to rise, this infusion of capital from PIF is anticipated to strengthen Stride's ability to provide vital financial resources, driving economic progress and creating job opportunities. Stride Ventures, known for its focus on technology and consumer sectors, aims to leverage this partnership to expand its portfolio and enhance its impact in the credit landscape, further solidifying its role as a key player in the investment arena.
Originally reported by NDTV Profit. Read original article
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