InnoVen Capital disburses $75 million in 2017, eyes double-digit growth in 2018
Venture debt firm InnoVen Capital India has closed 2017 with over Rs 477 crore ($75 million) in deployment through the year, sticking to script. The Temasek-backed specialty financing firm registered an annual growth of 25% having added 22 new companies to its portfolio this year. InnoVen Capital has also committed facilities of $10 million taking the entire disbursement quantum to $85 million (Rs 541 crore) this year across 35-40 deals, meeting its projected target of $80-100 million for FY18.
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