InnoVen raises $200m from Temasek, UOB
InnoVen Capital, a venture debt firm active in India, China, and Southeast Asia, has raised $200 million from its primary shareholders Temasek Holdings and United Overseas Bank (UOB).
The new commitment was split evenly between Temasek and UOB, each of which has owned a 50% stake in the firm since 2015. InnoVen will use the capital to expand its lending portfolio across Asia. The firm...
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