News and Media

October 5, 2023

EvolutionX Debt Capital Announces Investment in Mensa (India’s largest digital House of Brands)

Mensa Brands, India’s largest digital House of Brands, has secured $40m in growth capital from EvolutionX Debt Capital through a combination of debt facility and convertible investment.

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June 27, 2023

EvolutionX Debt Capital Announces Investment in LendingKart (India’s leading micro, small and medium enterprises focused digital lending platform)

Lendingkart, a leading fintech company, raised ₹ 200 crores in long-term debt funding from growth-stage debt financing platform EvolutionX Debt Capital. The company will use the funds to drive its growth as it looks to build on its profitable yearly numbers in FY23, and drive its core business growth by enabling financing for a much higher number of MSMEs across India.

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June 19, 2023

EvolutionX Debt Capital Announces Investment in CARSOME (SEA’s Largest Integrated Used Car eCommerce Platform)

EvolutionX’s investment in CARSOME marks its first in Southeast Asia.

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December 6, 2022

Launch Event of EvolutionX Debt Capital in India

Launch event on November 28, 2022

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November 24, 2022

EvolutionX Debt Capital Announces Investment in udaan (India’s Largest b2b eCommerce platform)

Growth stage debt financing platform EvolutionX Debt Capital (“EvolutionX”) has committed an investment into udaan, India’s largest b2b eCommerce platform

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November 10, 2022

Temasek’s EvolutionX expects more India activity in 2023 as venture debt turns hot

Temasek- and DBS-backed venture debt firm EvolutionX expects to do more deals in India next year as demand for debt financing continues to rise, said a senior executive in an interview with DealStreetAsia.

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November 7, 2022

EvolutionX Debt Capital Announces Maiden Investment in API Holdings (India’s Largest Digital Healthcare Platform)

Growth stage debt financing platform, EvolutionX Debt Capital (“EvolutionX”), founded by DBS and Temasek, has committed its maiden investment in API Holdings which owns the “PharmEasy” brand and powers the PharmEasy marketplace in India.
Founded by DBS and Temasek, the platform has also appointed key partners to lead investments across India, China, and Southeast Asia.

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July 30, 2021

DBS and Temasek jointly establish growth debt financing platform for Asia’s growth stage technology – enabled companies

DBS and Temasek today announced that they have entered into an agreement to jointly launch a US$500 million growth stage

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