Organization · Venture Debt
EvolutionX Debt Capital
EvolutionX Debt Capital is a growth stage debt financing platform based in Singapore, focusing on providing non-dilutive financing to technology companies across Asia, particularly in China, India, and Southeast Asia.
Overview
What EvolutionX Debt Capital does
What EvolutionX Debt Capital is
EvolutionX Debt Capital is a growth stage debt financing platform based in Singapore, focusing on providing non-dilutive financing to technology companies across Asia, particularly in China, India, and Southeast Asia.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Debt
- Structured capabilities
- Funder
- Last reviewed
- March 4, 2026
What Venture debt means
Venture debt is a loan or credit facility designed for high-growth startups, typically companies that have already raised institutional venture capital and may not qualify for traditional bank debt because they lack profitability, long operating history, predictable cash flow, or hard collateral.
Open the glossary entryOfficial channels
Find EvolutionX Debt Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
EvolutionX Debt Capital as a funder
Investment thesis
EvolutionX aims to support the growth of technology companies by offering alternative sources of financing that minimize equity dilution. The organization invests in growth stage technology companies requiring debt financing.
Focus narrative
EvolutionX invests in growth stage technology companies that require debt financing between venture capital and late-stage debt financing phases. The sectors of interest include consumer, education, financial services, healthcare, logistics, and industrial development. The organization primarily targets high-growth technology companies in Asia.
Focus and fit
- Stages
- Growth Equity
- Regions
- AsiaSouth AsiaSoutheast Asia
Availability
- Currently deploying
- Not published
Portfolio and track record
- Recorded portfolio count
- 11
Portfolio context
Notable portfolio companies include API Holdings, India's largest digital healthcare platform; udaan, India's largest B2B eCommerce platform; CARSOME, Southeast Asia’s largest integrated car e-commerce platform; Lendingkart, India's largest digital lending platform for MSMEs; Mensa Brands, which operates over 20 consumer brands; Ola Electric, the largest electric two-wheeler manufacturer in India; upGrad, an education technology company; Atome Financial, a leading digital financial technology platform; Gupshup, a conversational AI platform; Yubi Group, an AI-powered operating system for financial services; and InMobi, a global leader in AI and AdTech.
Common questions
What to know about EvolutionX Debt Capital
Upseed classifies EvolutionX Debt Capital under the Venture Debt organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.