The joint venture will provide financing to startups in India, China and Southeast Asia. UOB will also purchase 50 per cent stake in InnoVen Singapore-based United Overseas Bank Limited (UOB) has entered into an agreement with Singapore’s Temasek sovereign wealth fund to provide venture debt financing to the tune of up US$500 million to startups...
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The post UOB and Temasek to offer up to US$500M in venture debt financing appeared first on e27.
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