InnoVen Capital extends growth capital in the form of debt to start-ups in south-east Asia, in the range of $50,000 to $5 million for an average of 36 months at an interest rate of 13-19%. New Delhi: Venture debt firm InnoVen Capital India Tuesday said it has extended loans worth a total of $6 million to consumer analytics company Capillary Technologies Pvt. “InnoVen Capital’s unified venture debt platform which is integrated across our regional teams helps clients to access growth capital globally. Backed by Temasek and United Overseas Bank, Singapore, InnoVen Capital, have committed a total of $200 million for building out the platform in Asia. Also Read: InnoVen Capital India loaned $12 million to eight start-ups in Q1

Source: Mint September 06, 2016 19:52 UTC