-
ALSO READ
Singapore Red Cross sends Rs 38 crore for coronavirus relief to India
DBS faces lawsuits in India after takeover of Lakshmi Vilas Bank
Investment firm Temasek, IFC buy out Upgrad Espos worth Rs 220 crore
Banks using unseen digital cash could bring down fees on foreign transfers
With worst behind, DBS gets ready for what comes next, normalcy or not
-
SINGAPORE (Reuters) - Southeast Asia's biggest lender DBS Group Ltd and Singapore state investor Temasek Holdings said on Friday they would jointly launch a $500 million growth stage debt financing platform.
Headquartered in Singapore, EvolutionX will provide financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia, the companies said in a statement.
(Reporting by Anshuman Daga; Editing by James Pearson)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.
Download the Business Standard App for latest Business News and Market News .
First Published: Fri, July 30 2021. 10:08 IST
RECOMMENDED FOR YOU