Advertisements Singapore’s Temasek and US’ Fidelity are in advanced discussions to invest around USD 200 million in Lenskart through a secondary share sale at a valuation of about USD 5 billion, which is 11-12 per cent higher than its previous… Read More ›
Advertisements Temasek, Singapore’s sovereign wealth fund, divested its entire 5.42 per cent stake in PB Fintech, the holding company of PolicyBazaar, through open market transactions Thursday. PB Fintech, on Wednesday, reported a profitable quarter of fiscal year 2023 (FY23). PB… Read More ›
Advertisements Direct-to-consumer fresh foods brand Country Delight raised about USD 20 million in funding led by Temasek and Venturi Partners. The funding values the company at around USD 820 million. Country Delight, founded in 2013, delivers dairy products, fruits, and… Read More ›
Advertisements Spacetech startup Skyroot Aerospace has bagged a new round of capital from Singapore state investment firm Temasek, a year after the city-state’s sovereign wealth fund GIC backed the Indian startup. The Hyderabad-based startup has raised USD 27.5 million in… Read More ›
Advertisements Ola Electric has signed an agreement to raise USD 140 million from existing investors, including Temasek Holdings, according to media reports. An agreement was signed on Monday, and the funds will be deposited in the company’s account within the… Read More ›
Advertisements Dr Agarwal’s Health Care, a company specialising in eye treatments, has secured USD 80 million (equivalent to Rs 664 crore) in funding from its existing investors, TPG Growth and Temasek, a Singapore-based investment firm. The funds will be utilised… Read More ›
Advertisements Singapore’s sovereign wealth fund, Temasek, has agreed to invest up to Rs 1,200 crore (approximately USD 145 million) in Mahindra & Mahindra’s electric four-wheeler vehicle unit, established in October last year. As part of the deal, Temasek, through its… Read More ›
Advertisements Temasek Holdings, a Singapore investment business, reported a 5.2 per cent reduction in net portfolio value to USD 284.65 billion in the fiscal year that ended in March. The reduction in net portfolio value is the first since the… Read More ›
Advertisements FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest in the South Asian market to join the unicorn club following a new round of funding. Singapore’s Temasek, one of… Read More ›
Advertisements Singapore’s Temasek Holdings has committed an initial S$5 billion ($3.6 billion) to launch its GenZero investment platform aimed at accelerating decarbonisation, marking one of the largest such outlays by a state investor. GenZero will invest globally across three focus… Read More ›
