 "Singapore-based global investment firm Temasek Holdings (Photo: Reuters)")
InnoVen Capital, Asia’s leading venture debt provider, said Tuesday that it has received an additional $200 million capital commitment from its shareholders, Temasek and United Overseas Bank Limited, each contributing $100 million.
The additional commitment will allow InnoVen Capital to tap on the immense potential in the venture debt space across Asia.
InnoVen Capital operates in India, China and SE Asia and has supported more than 200 start-ups, investing $500 million. InnoVen brings in a diversified portfolio, Asia-wide footprint and access to its shareholders network.
Ashish Sharma, CEO, InnoVen Capital India, said, ‘‘As the largest venture debt provider in India
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