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 makes its second investment in Infra.MarketInfra.Market, which provides building material to L&T, Tata Projects and Ashoka Buildcon, is now well-capitalised to execute its growth age...
13 Jan, 2021, 06.02 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
InnoVen Capital ready for a Rs 100-crore YatraThe big cheque cut by Singapore and Mumbai-based venture debt provider is a forerunner to more equity-based investments in India, one of it...
21 Sep, 2017, 08.39 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
Alteria Capital to launch Rs 1000 crore venture debt fundAlteria Capital will have a corpus of Rs 800 crore, with a greenshoe option of raising an additional Rs 200 crore.
03 Aug, 2017, 08.33 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
As flood of easy money dries up, startups put a stop to equity dilution to cash in laterAhmedabad-based startup Lendingkart, recently raised an undisclosed debt fund from IFMR Capital instead of raising funds from a PE or VC.
08 Feb, 2016, 08.32 AM 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 plans to expand operations to other Asian marketsThe firm, which invests from its own balance sheet, has earmarked extending credit of up to $50 million (about Rs 320 crore) in the current...
13 Jul, 2015, 11.26 AM 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
TEMASEK completes acquisition of SVB India FinanceThe team will be supported by a newly constituted board of directors chaired by Madhabi Puri Buch, former CEO of ICICI Securities.
15 Apr, 2015, 09.58 AM IST
Temasek acquires Mumbai venture lender SVB India Finance for Rs 300 croreTemasek Holdings has completed the acquisition of Mumbai based venture lender SVB India Finance, an arm of Nasdaq listed SVB Financial Grou...
15 Apr, 2015, 07.06 AM IST