Temasek- and DBS-backed venture debt firm EvolutionX expects to do more deals in India next year as demand for debt financing continues to rise, said a senior executive in an interview with DealStreetAsia.
India presents a much deeper and more mature pool of tech unicorns for dealmaking, said EvolutionX partner Rahul Shah. Other geographies like Southeast Asia are still comparatively shallow, while China continues to face uncertainties around its zero-COVID policy and tight travel restrictions, he added.
