InnoVen Capital India

A venture debt provider offering medium-term loans to VC-backed companies, with repayment typically on a monthly basis. It pioneered venture debt in India and has a large portfolio. InnoVen Capital pioneered venture debt in India in 2008 and, following a 2015 buyout by Temasek Holdings and UOB Group, has become the largest venture-lending platform in Asia, having deployed over $400 million across more than 250 transactions in India alone. Its portfolio spans 200+ VC-backed companies including 35-plus unicorns such as Byju's, Swiggy, OYO, FirstCry, and boAt, which is consistent with this scheme's focus on providing monthly-repayment growth capital to companies that have already closed an institutional equity round.