Venture Debt

India’s Upekkha launches $40M fund with lead investment from WestBridge Capital

Upekkha, an India-based software as a service (SaaS) fund and accelerator, announced Thursday that it has completed the first close ($15 million) of its $40 million Upekkha fund. The funding is led by WestBridge Capital.

Capital Markets Malaysia launches Corporate Venture Capital Program to advance local ecosystem

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Tuesday launched the nation’s first Corporate Venture Capital (CVC) Programm to advance the domestic venture capital (VC) and private equity (PE) ecosystem by stimulating corporate investments by larger public listed companies (PLCs)

ADDX fractionalizes venture debt fund by Innoven Capital

Singapore-based private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, a joint venture between Seviora Holdings (a wholly owned subsidiary of Temasek Holdings) and UOB, bringing down the minimum subscription size for individual accredited investors to $20,000, from $5 million.

Startup fundraising: Can you have your cake and eat it too?

Reflecting back on Singapore’s startup ecosystem, we dive into the more popular means of how startups seek financing and how new alternatives such as venture debt and revenue-based financing have become more prominent in recent years.

Malaysia-based Iris Capital Partners launches $37.8M Venture Debt Fund

The Iris Fund, established under the Dana Penjana Nasional program, is co-managed by Hanwha Asset Management and Iris Capital Partners aims to support Malaysian and Southeast Asian startups.

Venture debt firm InnoVen Capital launches new Southeast Asia Fund with first close of $50M

InnoVen SEA Fund has completed its first close of $50 million with InnoVen Capital and will be seeking additional investors to participate in the fund.

Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms

Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.

Considering venture debt to fund mobile user acquisition? Here’s what you need to know

For founders looking to fund growth in their mobile app and gaming companies, venture debt can seem like an attractive non-dilutive alternative to equity when it comes to funding user acquisition (UA) spend on Facebook, Google, and other ad platforms.