| Investment firm Temasek Holdings has tied up with lender UOB to offer up to US$500 million ($685 million) in venture debt loans over the next five years to Internet start-ups in China, India and South-east Asia.
Venture capital deals usually mean an entrepreneur sells off a stake in the start-up while venture debt involves lending money in return for interest payments and the potential to take a stake at a later stage. The potential market size for venture debt in the three regions is about US$2.2 billion, UOB said, citing a report by EY...............................................Full Article: Source
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