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

In a major development in the global private credit space, Stride Ventures has secured a strategic partnership with Saudi Arabia’s Public Investment Fund (PIF) through its Jada Fund of Funds. The collaboration sets the stage for more than $1 billion in global credit deployment and marks a significant milestone in Stride’s international growth journey.

Stride Ventures partners with Saudi Arabia’s PIF to expand global private credit operations.

The partnership reflects growing cross-border capital flows between India and the Gulf region and highlights the increasing importance of alternative credit platforms in global finance.

Stride Ventures’ Growth Story

Founded in 2019, Stride Ventures has emerged as one of India’s leading venture debt firms. Over the years, the company has expanded beyond domestic lending to establish a presence in global markets including the GCC and parts of Europe.

The firm has supported hundreds of high-growth startups and growth-stage companies, positioning itself as a reliable non-dilutive capital partner. Its diversified credit strategy and institutional governance framework have helped attract global investors and sovereign-backed funds.

This latest partnership strengthens its ability to scale operations internationally while maintaining a founder-focused lending model.

Role of Saudi Arabia’s Public Investment Fund

The Public Investment Fund (PIF) is one of the world’s largest sovereign wealth funds and plays a central role in Saudi Arabia’s economic diversification strategy. Through its Jada Fund of Funds platform, PIF invests in private equity, venture capital, and private credit to strengthen the Kingdom’s financial ecosystem.

By partnering with Stride Ventures, PIF aims to expand exposure to private credit while also supporting financing opportunities within Saudi Arabia. Reports indicate that a portion of the capital deployment will be directed toward opportunities in the Kingdom over the next few years.

This move aligns with Saudi Arabia’s broader Vision 2030 agenda to develop alternative financing channels and strengthen support for startups and small-to-mid-sized enterprises.

Why the $1 Billion Credit Deployment Matters

The planned deployment of over $1 billion signals strong investor confidence in private credit as an asset class. As traditional bank lending tightens globally, venture debt and alternative credit solutions are becoming more attractive for growth-stage companies.

For Stride Ventures, this partnership provides:

• Access to large-scale sovereign capital

• Enhanced global credibility

• Stronger expansion opportunities in the Middle East and beyond

• Increased capacity to fund high-growth businesses

For the broader market, it underscores the rise of private credit as a mainstream funding mechanism.

Impact on Global Private Credit Markets

Private credit markets have grown rapidly over the past decade, especially in emerging economies. Sovereign wealth funds are increasingly allocating capital to alternative assets to diversify portfolios and generate long-term returns.

The collaboration between Stride Ventures and PIF represents a strategic bridge between Indian financial innovation and Gulf capital strength. It also reflects the growing global appetite for structured credit solutions that support entrepreneurial growth without equity dilution.

As capital becomes more globally mobile, partnerships like this could reshape how credit is accessed and deployed across regions.