Page 2 - Temasek

Google, Temasek back Indian neo-banking firm Open with $100 mn investment

Open plans to use the funds to strengthen its leadership in SME neo-banking space. taking the total SME base from 2 million at present to 5 million in India and expand its services to South East Asia

Tata Motors: In advanced stages to raise $1 billion for EV biz - Report

Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.

Temasek to invest Rs 540 cr in True North-backed healthcare firm Integrace

Integrace is an orthopaedic and gynaecology-focused formulation player ranking among the top five in its area. It manages 20 brands and recently acquired two brands in Women's Health from Zydus Cadila

Google, 3one4 Capital, and Temasek invest Rs 453 cr in neo-bank Open

Existing investor Tiger Global also participates in Series C round; Open claims to be one of the country's largest SME banking platforms; last Feb it had processed $11 bn in transactions

Ronnie Screwvala's edtech startup upGrad a unicorn; valuation tops $1.2 bn

Closes a series of raises from Temasek, IFC and IIFL, mopping up a total of $185 million

Will invest in firms that reflect India's growth: Temasek Dy head, India

'India's public market has matured to accept new-age tech firms', says Promeet Ghosh

Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Unacademy Group's valuation has grown almost ten times in 18 months, riding on demand for online training

DBS, Temasek set up $500 mn financing platform for growth stage firms

DBS said in a statement that EvolutionX will invest in opportunities arising from an increasingly digital economy - across sectors like financial services, consumer, healthcare, etc

Singapore's DBS and Temasek to set up $500 million debt financing platform

Southeast Asia's biggest lender DBS Group Ltd and Singapore state investor Temasek Holdings said on Friday they would jointly launch a $500 million growth stage debt financing platform

ShareChat raises $145 mn from Temasek, others at near $3 bn valuation

The funding signals growing fascination for Indian content-sharing and short-video apps.

Investment firm Temasek, IFC buy out Upgrad Espos worth Rs 220 crore

Singaporean investment giant Temasek Holdings and the World Bank arm IFC have infused an additional Rs 220 crore or $29.5 million into leading online education platform Upgrad

Temasek, Warburg Pincus, Bhavish Aggarwal invest $500 mn as Ola plans IPO

This is amongst the largest investments in the Indian consumer internet space by these funds and is a testament to the robust and resilient business built by Ola

Temasek backs future funds of impact investor LeapFrog with $500 mn

In India, LeapFrog has so far deployed capital across nine companies

Fullerton India CEO Nambiar quits, firm reshuffles senior management

NBFC also announced senior leadership changes

Temasek fund backs India startup bringing AI technology to farms

India's agritech space is abloom, with dozens of startups sprouting up in the last few years to disrupt dated farming practices

The holding company model for PSBs is an idea whose time has come

The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee

Zomato raises Rs 456 cr from Temasek subsidiary MacRitchie Investments

Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares

Zomato raises Rs 184 cr from existing investor; eyes funds from Temasek

The infusion is expected to help Zomato compete with Tencent-backed Swiggy and e-commerce giant Amazon, which recently forayed into food delivery

Singapore Airlines gets $13 bn lifeline from Temasek amid Covid-19 outbreak

Many governments worldwide have already stepped in to help airlines amid the virus-induced travel slump, with the United States offering $58 billion in aid

Economic Survey backs Temasek-like model proposed for divestment

Survey recommends transferring stake of listed govt firms to a corporate entity