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Business Standard

DBS, Temasek set up $500 mn financing platform for growth stage firms

DBS said in a statement that EvolutionX will invest in opportunities arising from an increasingly digital economy - across sectors like financial services, consumer, healthcare, etc

Topics
DBS Bank | Temasek Holdings | Temasek

Abhijit Lele  |  Mumbai 

A logo of DBS is pictured outside an office in Singapore. Photo: Reuters
A logo of DBS is pictured outside an office in Singapore. Photo: Reuters

Singapore-based financial services group DBS and Temasek have set up $500 million financing platform, EvolutionX Debt Capital (EvolutionX) for non-dilutive funding to technology-enabled firms with a focus on China, India, and Southeast Asia.

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Read our full coverage on DBS Bank

First Published: Fri, July 30 2021. 12:15 IST

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