InnoVen Capital, backed by Temasek and UOB Group, is Asia's leading venture lending firm with offices in Mumbai, Singapore and Beijing.
InnoVen Capital is Asia's leading venture lending firm with offices in Mumbai, Singapore and Beijing. Started in India in 2008, the platform was re-branded InnoVen Capital following a buyout of the business led by Temasek Holdings and UOB Group in 2015. InnoVen Capital currently has investor commitments of US$200 million.In India, InnoVen Capital is positioned as the first and largest venture debt provider to venture capital backed start-ups in India across stages of growth and sectors. The Company has a credit rating of ‘IND AA-’ for its term borrowing and ‘IND A1+’ for its commercial paper issuances.InnoVen provides debt financing to high growth and innovative tech startups, and has since supported and provided over 190 loans to more than 150 start-ups across India and Southeast Asia. The platform offers multiple debt capital solutions, including venture debt, acquisition finance, growth loans, and syndication.
Announced Date | Fund Name | Money Raised | |
---|---|---|---|
May 14, 2022 | Debut Fund | RM3M | |
Apr 21, 2022 | InnoVen Capital India Fund | $32M | |
Nov 15, 2021 | Yi Feng Capital China Fund | $50M | |
Oct 12, 2021 | InnoVen SEA Fund | $50M |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jun 1, 2023
Capillary Technologies
|
Series D | $40M | Analytics | — |
May 2, 2023
Ace Turtle
|
Series B | $34M | E-Commerce | — |
Apr 26, 2023
Niro
|
Debt Financing | $2.50M | Financial Services | Yes |
Mar 22, 2023
Stashfin
|
Debt Financing | ₹8B | Apps | Yes |
Mar 14, 2023
Jumbotail
|
Debt Financing | ₹750M | E-Commerce | — |
InnoVen Capital has had 35 exits. InnoVen Capital most notable exits include The Great Room , Active.ai
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
May 9, 2022 | The Great Room | M&A | Coworking | Detail |
Apr 5, 2022 | Active.ai | M&A | Artificial Intelligence | Detail |
Mar 24, 2022 | Unbxd | M&A | Artificial Intelligence | Detail |
Feb 15, 2022 | Sorabel | M&A | Classifieds | Detail |
Jan 20, 2022 | Saleswhale | M&A | Artificial Intelligence | Detail |