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Venture debt fills important funding gap, says InnoVen; but it may lower valuations

Trinity Chua
Trinity Chua • 7 min read
Venture debt fills important funding gap, says InnoVen; but it may lower valuations
SINGAPORE (July 3): GuavaPass, the start-up that sells fitness centre subscriptions, is profitable and could probably raise equity from venture capitalists quite easily. But the KFit rival prefers to take on debt. “It is less expensive than equity,” s
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