EVOLUTIONX Debt Capital Invests in API Holdings

Posted on 11/08/2022

Singapore-headquartered EVOLUTIONX Debt Capital is the growth-stage debt financing platform launched by DBS and Singapore’s Temasek Holdings. EVOLUTIONX Debt Capital made its maiden investment in India’s largest digital healthcare platform, API Holdings. API Holdings is the parent company of PharmEasy, India’s largest online pharmacy.

EVOLUTIONX Debt Capital expanded into Mumbai and has plans to grow a presence in China in 2023. EVOLUTIONX Debt Capital provides debt financing for Asian technology startups. Deal sizes are around US$ 20 million to US$ 50 million. These sectors include healthcare, education, logistics, industrial development, and financial services.

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