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The debt amounted to nearly $8.7 million by the end of last year.
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India
The firm had raised $300 million for its debut fund.
It secured the final close of its second fund in 2022 at $200 million.
Greater China
The Series D+ round was led by GTJA Investment Group and state capital investor Kingray Capital.
It raised $20 million in its Series B equity funding in 2022.
Singapore
9Basil Group will boost AlteriQ’s investment capacity with a $50m capital infusion.
Sectors such as IT and healthcare provide opportunities for private credit to step in, says SJ Lim, MD, Asia Credit, KKR.
Indonesia
A hybrid capital solution will also offer INA more flexibility in terms of investments, said Christopher Ganis.
Hang Seng Bank has set no cap for these loans.
The ASEAN Growth Fund will focus on cashflow-generating startups.