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Innoven Capital

Burda leads $19m round for Malaysia's Carsome

Burda Principal Investments, the investment arm of European technology and media company Hubert Burda Media, has led a $19 million Series B round for Malaysian online used car marketplace Carsome.

  • Southeast Asia
  • 09 March 2018
Alteria reaches first close on India venture debt fund

Alteria Capital, an Indian venture debt firm established by InnoVen Capital co-founders Vinod Murali and Ajay Hattangdi, has reached a first close of INR3.6 billion ($54.6 million) for its debut fund.

  • South Asia
  • 02 March 2018
InnoVen names ex-GE executive as new CEO

Temasek Holdings-backed venture debt firm InnoVen Capital has named Ashish Sharma (pictured), former CEO and president of GE Capital India, the CEO of its India arm.

  • South Asia
  • 06 October 2017
India's Yatra raises $15m from InnoVen

Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.

  • South Asia
  • 22 September 2017
InnoVen co-founders launch India venture debt fund

Ajay Hattangdi (pictured) and Vinod Murali, co-founders of venture debt firm InnoVen Capital, have established their own India venture debt business and are looking to raise a $155 million fund, including a $30 million greenshoe option.

  • South Asia
  • 04 August 2017
Verlinvest leads $14m Series B for Indian food player

Verlinvest has led a INR900 million ($14 million) Series B funding round for India-based Drums Food International, the parent company of the Epigamia yogurt brand.

  • South Asia
  • 11 July 2017
Co-founders depart India VC debt provider InnoVen

Ajay Hattangdi (pictured), co-founder, group CEO and COO for India at venture debt firm InnoVen Capital, has left the firm along with co-founder and deputy CEO Vinod Murali. They plan to launch a fund of their own.

  • South Asia
  • 20 June 2017
Gobi leads $6m round for Malaysia's Carsome

Gobi Partners has led a $6 million funding round for Malaysia-based online used car purchasing platform Carsome.

  • Southeast Asia
  • 07 June 2017
VC-backed Fave buys Groupon Singapore

Malaysian VC-backed online-to-offline (O2O) e-commerce company Fave has agreed to acquire Groupon Singapore, extending a string of related bolt-ons in Southeast Asia.

  • Southeast Asia
  • 09 March 2017
Nexus leads $5m Series A for India's Zolo

Nexus Venture Partners has led a $5 million Series A round of funding for Indian managed accommodation platform Zolo.

  • South Asia
  • 17 January 2017
India's university incubators: Learning curve

Campus incubators intended to channel entrepreneurial talent at Indian universities into competitive start-ups have a patchy track record. VC investors must consider what this means for early-stage deal flow

  • South Asia
  • 11 January 2017
InnoVen ramps up India venture debt funding

InnoVen Capital has provided more than $20 million in venture debt across 15 deals for new and existing portfolio companies in India in the second quarter of the 2017 financial year.

  • South Asia
  • 07 October 2016
PE investors set for partial exits in Genesis Colors' India IPO

Indian fashion brand manufacturer and distributor Genesis Colors has filed an IPO that will provide a partial exit for private equity backers including Henderson Equity Partners, Mayfield India and InnoVen Capital.

  • South Asia
  • 03 October 2016
Deal focus: InnoVen targets India-Southeast Asia angle

Having gained traction with its venture debt proposition in India, Innoven Capital is now following those same portfolio companies as they expand into Southeast Asia

  • Southeast Asia
  • 15 September 2016
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