US venture debt provider Partners for Growth (PFC) has completed its first deal in Indonesia – and one of its largest in Asia Pacific – by extending a $20 million credit line to digital credit start-up Kredivo.
The credit line, which can be drawn down on-demand, will be used to support the expansion of the company’s loan book. It will also bring diversification to funding streams that are predominantly domestically...
India’s Innoven Capital, a joint venture between UOB and Temasek Holdings-owned Seviora Holdings, has fractionalised a USD 50m venture debt fund using blockchain and smart contracts.
OneVentures and UniQuest have led a AUD 34m (USD 23m) funding round for Vaxxas, an Australia-based biotechnology company running clinical programmes that include a needle-free COVID-19 vaccine candidate.
Temasek Holdings, A91 Partners, and Kae Capital have invested USD 135m in Indian omnichannel wellness products retailer HealthKart.