InnoVen Capital Invests $20 Million in 15 Deals
ANI- Asia's leading venture debt and specialty lending business InnoVen Capital has announced deals funded in the second quarter for FY17. The company has provided venture debt worth over $20 million in 15 deals across new clients on-boarded and existing portfolio companies that have exhibited strong performance.
Among the new clients that InnoVen Capital has added to its growing portfolio are: OYO Rooms - Indian hotel brand that owns and operates as well as aggregates standardized hotel rooms, RAW Pressery - fresh cold pressed juices, and Rentomojo - online furniture rental platform.
Between July and September this year, InnoVen as a platform has also closed its first two cross-border deals with Capillary Technologies and Simplilearn, in order to cater to their global aspirations an...