The top lenders to SEA’s and India’s tech companies

Debt may be in vogue among tech companies in Southeast Asia and India. Investors, too, are set to tap the demand.

Singapore-headquartered VC firm Granite Asia, for example, has gone the multi-asset route in order to back founders with a mix of equity and debt.

And while debt may have gotten more expensive thanks to higher interest rates, it has broader appeal among tech companies, most of whom are not suited for venture capital.

Debt also suits the current zeitgeist – growth at all costs is out, sustainable growth is in. Firms that can grow sustainably will appeal to lenders because they’re much less likely to default on debt.

With that, we thought it’d be a good idea to share data on who the top lenders are to Southeast Asia’s and India’s tech companies in the past six years.

We hope this will be a useful resource for executives who are looking to tap on growth capital.

As always, if you find any inaccurate or missing information, please drop us a note at research@techinasia.com and we’ll be happy to assist.

If you’re looking for more data, search the most comprehensive database of tech companies in Asia. Or check out more funding-related articles and other data-driven pieces here.