InnoVen Capital - Asia's Leading Venture Lending Firm

Innoven Capital

InnoVen Capital is a privately held Indian venture debt and specialty lending business located in Mumbai Maharashtra. Known as the top venture lending firm in Asia, InnoVen Capital provides debt capital to high growth innovative ventures mainly backed by venture capital companies. 

InnoVen Capital is focused on high growth economies and currently has an operational presence in India, South East Asia, and China.

Overview of Innoven Capital

InnoVen Capital is a privately held Indian venture debt and specialty lending business located in Mumbai Maharashtra. Known as the top venture lending firm in Asia, InnoVen Capital provides debt capital to high growth innovative ventures mainly backed by venture capital companies. InnoVen Capital is focused on high growth economies and currently has an operational presence in India, South East Asia, and China. There are plans to expand to other suitable economies in the region. InnoVen Capital is a joint venture between UOB and Temasek and has offices in Mumbai, Singapore, and Beijing. 

Brief History

InnoVen Capital first opened its doors in 2008. It was previously known as SVB India Finance and was rebranded after being acquired by Temasek Holdings in 2015. After the acquisition, InnoVen expanded its global reach to include InnoVen Capital South East Asia and InnoVen Capital China. 

Geographically 

InnoVen Capital South East Asia was launched in Singapore in July 2015 and has since become the largest provider of venture debt to startups and growth stage companies in the region. InnoVen is now extensively used by portfolio companies for growth acceleration and to extend cash runway while ensuring that equity dilution is as minimal as possible. In April 2017 InnoVen Capital China was launched with the goal of supporting the growth of top next-generation companies throughout China. InnoVen China’s specific area of focus is to provide capital backing to high-growth startups following their series A funding. The company endeavours to provide entrepreneurs with a range of financing options in support of enterprise development without having to resort to the dilution of mortgaging or equity assets. 

Significant Investments

With a portfolio of more than 110 companies, InnoVen Capital has raised over US$3 billion in equity. In July 2018 it was announced that InnoVen Capital would back Eruditus Education Pvt. Ltd., a company that offers executive learning programmes across the globe, with US$2.3 million. The Mumbai-based company said that the funding will be used to expand its service offering internationally to markets including South East Asia and Latin America.
Major investments in the InnoVen Capital portfolio include companies in a variety of industries including:

  • Analytics – Germin8, Vizury, Manthan
  • Finance – iCreate Softwere, Prizm Payment Services, Chillr, MSwipe, NetAmbit, Coverfox
  • Food – Raw, Faasos
  • Healthcare – Guavapass, Practo, Eye-Q, Portea, Attune, Suburban Diagnostics, Koyè, Sayre Therapeutics, Perfint, Core
  • Logistics – Zoomcar, MoveInSync, PepperTap, Shadowfax, Zopnow, ridlr, Xpressbees, Zipco, Blackbuck, Blowhorn, Porter

InnoVen Capital in the News

In June 2018 The Times of India reported that InnoVen Capital would form a partnership with Portea Medical, a leading consumer healthcare provider in India. The partnership was formed with the goal of arranging 26 health camps at several NGOs across four cities. It was reported that InnoVen Capital disbursed around US$44 million of over US$60 million it has committed to in the first half of 2018. It was also stated that the firm recorded a 30% growth during this period. 

More Companies in Asia and Oceania

Pitango Venture Capital - Israel’s Largest VC Fund

Pitango Venture Capital

Sequoia Capital India is a venture capital company located in Delhi, India. Find out about the company's investments.
Read More
cyberagent ventures logo

CyberAgent Ventures

CyberAgent Ventures invests in countries around the Asia-Pacific region. The top countries invested in are Indonesia, Thailand and Vietnam. CyberAgent Ventures selects technology-focused companies that ...
Read More
Pix Vine Capital

Pix Vine Capital

Pix Vine Capital, an investment firm located in Singapore with interests in the technology field. Find out about its ventures in Asia and plans to ...
Read More
SoftBank

SoftBank Group

SoftBank Group is a Japanese conglomerate with various subsidiaries and investments around the world. Read about the company’s history and find out more about its ...
Read More
Shandong Ruyi Technology Group

Shandong Ruyi Technology Group Co. Ltd

Shandong Ruyi Technology Group Co. Ltd. is a Chinese textile and clothing manufacturing giant with a significant interest in Europe.
Read More
daiwa

Daiwa Asset Management Co.

Daiwa Asset Management Co. Ltd., a Japanese asset management company with a global presence. Learn more about Daiwa’s history and its investment practices.
Read More
VC Bank Logo

Venture Capital Bank (VCBank)

Venture Capital Bank is an Islamic investment bank that operates in the Middle East, North Africa, and the Gulf Cooperation Council (GCC).
Read More
Kickstart Ventures

Kickstart Ventures

Kickstart Ventures, a venture capital company located in the Philippines. Find out more about its history and discover its significant investments.
Read More
dmg mori

DMG Mori Seiki Co.

Nagoya, DMG Mori Seiki Co. is a Japanese machine tool manufacturing and sales company. The company, led by President Masahiko Mori, employs more than 4,000 ...
Read More

Investors with Interest in Asia and Oceania

Azim Premji

Azim Premji

Azim Premji, the entrepreneur who grew Wipro into a multinational software provider, is today one of the richest billionaires in the world.
Read More
Eze Vidra - Co-Founder Remagine Ventures

Eze Vidra

Eze Vidra is co-founder of seed stage venture firm Remagine Ventures, which invests in Israeli and British consumer tech, metaverse and the future of gaming
Read More
Brett Mason

Brett Mason

Brett Mason is an Australian entrepreneur, investor an inventor who holds several directorships in a variety of industries including oil, property and building supplies.
Read More
Meir Shamir

Meir Shamir

One of Europe’s shrewdest early-stage technology investors, Errol Damelin is regarded a discreet and successful serial investor and founder
Read More
Eytan-Stibbe

Eytan Stibbe

Eytan Stibbe Eytan Stibbe is an entrepreneur, philanthropist, impact investor ...
Read More

Pansy Ho

Pansy Ho Chiu-king, a Chinese casino magnate and the daughter of Stanley Ho.
Read More
Dale W Wood

Dale W Wood

Dale W Wood is the founder and investor behind Dale Ventures—venture capital an investment holding company headquartered in Dubai.
Read More
Dilip Shanghvi

Dilip Shanghvi

Dilip Shanghvi founder of Sun Pharmaceuticals. Ranked at number eight in India
Read More
Darren Wang

Darren Wang

Darren Wang, a Taiwanese angel investor who founded the blockchain company OwlTing.
Read More