Eruditus founder’s family office backs venture debt fund Innoven with $32 millionWith this Ashwin Damera is now the second-largest LP (limited partner) in the fund.
20 Apr, 2022, 06.03 PM IST
InnoVen Capital raises Rs 740 crore towards first close of new fundThe anchor investor for the Rs 1,000-crore fund is Innoven Capital Pte Ltd, a joint venture of Seviora (Temasek) and United Overseas Bank. ...
30 Sep, 2021, 06.00 AM IST
InnoVen Capital invests Rs 16 crore in boAtThe latest funding also marks an addition to InnoVen’s portfolio of consumer brands, comprising companies such as Vahdam Teas and Svarochi.
26 Jul, 2019, 10.32 AM IST
InnoVen Capital commits Rs 418 crore in first half of 2018The capital deployment in the first six months of this year shows an annual growth of about 30% as compared to the same period last year.
12 Jul, 2018, 09.48 AM IST
InnoVen Capital disburses $75 million in 2017, eyes double-digit growth in 2018InnoVen Capital has also committed facilities of $10 million taking the entire disbursement quantum to $85 million (`541 crore) this year a...
11 Jan, 2018, 11.18 PM IST
Former GE Capital India CEO Ashish Sharma is InnoVen's new country headThe appointment comes about three months after Ajay Hattangdi and Vinod Murali put in their papers in June, and set up their own venture de...
04 Oct, 2017, 08.35 AM IST
After CEO & Deputy CEO, Innoven Capital Director also calls it quitsPrasher's exit is the latest in a series of high-level resignations Innoven Capital's India CEO Hattangdi and deputy CEO Vinod Murali had l...
14 Aug, 2017, 09.17 AM IST
InnoVen Capital appoints Chin Chao as interim CEO for India operationsThe appointment will be effective immediately, even as the board continues the search process for a permanent CEO, which it hopes to comple...
01 Aug, 2017, 10.20 AM IST
Innoven Capital executives quit firm to start up on their ownThe duo are currently on a gardening leave till July end and are expected to launch their own venture debt fund later this year.
19 Jun, 2017, 08.40 AM IST
InnoVen Capital closes deals worth Rs 110 crore in Q3; Targets disbursals of $75 million-$80 million CY 2017Including the latest set of transactions, InnoVen has disbursed $60 million (about Rs 400 crore) across 43 transactions in 2016, according ...
09 Jan, 2017, 12.36 AM IST
InnoVen Capital extends Rs 40 crore venture debt financing to Capillary Technologies, Simplilearn SolutionsIn a departure from its usual lending strategy, InnoVen has invested in both Singapore-headquartered Capillary Technologies as well as in i...
07 Sep, 2016, 11.38 AM IST
With Rs 87 crore startup deals, Temasek-backed InnoVen Capital makes its markTemasek-backed InnoVen Capital has struck deals worth Rs 87 crore, having signed venture debt transactions with a number of leading Indian ...
05 Apr, 2016, 04.14 AM IST
InnoVen Capital announces maiden South-East Asia venture debt dealsInnoVen Capital expects to commit over $500 million in venture debt transaction to high-growth innovative start-up companies across the reg...
21 Mar, 2016, 04.27 PM IST
InnoVen Capital completes 100-plus transactions in India; targets disbursals of $65 million in 2016InnoVen Capital has completed over 100 transactions in the country, the Temasek and United Overseas Bank-backed investor announced on Tuesd...
10 Feb, 2016, 08.22 PM IST
InnoVen Capital may extend over Rs 460 crore loans to early-stage companiesInnoVen lent money to start-ups at about 15% (interest cost) per annum. The fund also asks for a 1-1.5% equity kicker.
28 Jan, 2016, 11.42 AM IST
Innoven Capital has Rs 300 crore for startupsInnoven Capital expects a two-thirds increase in its deal count as it hopes to lend up to Rs 300 crore to startups by the end of this year.
16 Oct, 2015, 05.02 PM IST
InnoVen Capital eyes doubling loan commitment in 12-15 monthsThe firm, now under the control of Singapore's Temasek, provides debt financing to venture capital-backed early-stage and mid-growth compan...
27 May, 2015, 04.07 PM IST