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.

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.

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

Launch event on November 28, 2022

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

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.

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.

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