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UOB-Temasek JV expects to back 20 Asian startups in next 6 months

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Published Mon, Mar 21, 2016 · 09:50 PM

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Singapore

INNOVEN Capital (InnoVen), a venture capital firm jointly owned by Temasek Holdings and UOB, on Monday said it expects to back 20 startups in South-east Asia, India and China over the next six months with venture debt funding.

This comes as it announced funding totalling US$5 million for two e-commerce startups from the region.

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