EvolutionX Debt Capital Pte., a joint venture between Temasek Holdings Pte. and DBS Bank, is shifting its investment focus to India from China, aiming to capture a bigger share of the South Asian nation’s expanding private credit market.

Rahul, Partner of EvolutionX, shares his observations on the fundraising climate for technology companies in Southeast Asia.

Atome Financial, Southeast Asia’s leading digital financial technology platform and part of Advance Intelligence Group, has secured a three-year term loan facility from EvolutionX Debt Capital (“EvolutionX”)

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.