Gic

Post this latest alliance, Brookfield and GIC have sealed deals worth nearly $2.5 bn in India. Both had joined hands earlier to acquire Candor Techspace G1 ( Gurugram) and Downtown Powai, Mumbai in a deal valued at $1.4 bn

Singapore’s GIC may invest over Rs 1,000 crore in IRB InvIT Fund to acquire road assets

IRB InvIT Fund and IRB Infrastructure Trust - the private InvIT of IRB group with Singapore sovereign wealth fund GIC - had in May 2025 entered into a non-binding offer for transfer of the latter’s three BOT (build, operate, transfer) highway assets.

Trump tariffs may create opportunities, says GIC CEO Chow Kiat; sees India's middle-class driving investments

The CEO of India's largest foreign portfolio investor further said that he believes India's importance with only grow.

Sterlite Grid raises Rs 2,450 crore from NaBFID, IIFCL to refinance loans of Mumbai transmission project

Sterlite Grid 32 has 10 completed, and under-construction transmission projects in seven states and the union territory of Jammu and Kashmir, covering approximately 4,500km of transmission lines through a capex of Rs 25,000 crore

General Insurance Corp spurts 11%, hits record high amid heavy volumes

Trading volumes for General Insurance Corp have already surpassed the one-month average by a huge margin.

Race for Theobroma: Binding bids submitted, Switz Group ropes in GIC as a partner

Top patisserie chain Theobroma counts ICICI Venture as an investor which made an entry back in 2017.

GIC may sell $5 billion stake in Greenko, valuing the renewable firm at $10 billion

The Singaporean sovereign wealth fund is in initial discussions with financial advisers to help evaluate a full or partial sale of its holding in Greenko, the people said, asking not to be identified because the matter is private.

Tower InvIT Data Infra Trust to raise Rs 6,600 cr from Brookfield, GIC, British Columbia for ATC deal

Data Infrastructure Trust on January 4 had announced that it will acquire ATC’s India telecom business comprising 78,000 towers for an enterprise value of Rs 16,500 crore

GIC affiliates complete sale of units worth $704 mn in IRB Infra Trust to Ferrovial's Cintra

IRB Infrastructure Trust is a privately placed InvIT( infrastructure trust) which listed on the NSE in April 2023 and is sponsored by IRB Infrastructure Developers.

Carlyle taps ADIA, GIC, KKR, others for sale of stake in Airtel data centres business

Carlyle had acquired a 24 percent stake in the Nxtra for around Rs 1,780 crore ($235 million) in 2020. The sale is expected to fetch $ 800 million to 900 million.

Blackstone, Abu Dhabi Investment, GIC submit bid to buy into Haldiram Snacks Food: Report

ADIA and GIC are both limited partners (LPs), of Blackstone’s global funds. If the deal goes through, it will be the largest private equity buyout in India so far, the report further stated.

India govt open to selling stake in GIC Re, LIC in FY24/25, says source

The Indian government is open to a minority stake sale in General Insurance Corporation ofIndia and Life Insurance Corporation ofIndia in financial year 2024/25 after assessing investor appetite

Sterlite Power, GIC seal JV for India power transmission platform

Via this arrangement, Sterlite Power will own the majority stake of 51 percent and GIC will own the remaining stake.

Matrix-backed agritech firm Vegrow raises $46 mn in Series C funding led by GIC

Earlier in July, the company raised $25 million as part of its Series B funding at a post-money valuation of $170-$180 million. The new round marks GIC’s first agri-tech and B2B investment in India, the company said

Exclusive: Govt plans to offload 10% each in GIC, New India Assurance by Aug ’24 via OFS route

Move necessitated by need to meet listing norms; may seek further extension of minimum public shareholding rules if investors don’t bite

DLF's rental arm DCCDL raises Rs 1,100 crore through issue of debentures

In a regulatory filing on September 21, DLF informed that the DLF Cyber City Developers Ltd (DCCDL) board has approved the allotment of debentures.

Ather Energy raises Rs 900 crore from Hero MotoCorp, GIC

The latest fundraising is an extension of the Series E round of $128 million which was announced in May of 2022

Mamaearth in talks with Fidelity, GIC, QIA, SoftBank for $150 million pre-IPO round

Even though founders Varun and Ghazal Alagh are confident of delivering an exit to investors through their upcoming public listing, a few early investors want to offload shares before the IPO, according to a source.

Genus Power hits 52-week high on $2-bn GIC deal with smart metering venture

The Jaipur-based company has said that the deal is the largest funding in the smart metering business in the country.

GIC to acquire 74% stake in Genus Power's smart metering venture

After the deal, Gem View Investment, an affiliate of GIC, will hold 74 per cent stake in the platform while the remaining 26 percent shareholding will be with Genus Power.

GIC-backed $2 billion Fintech Nium targets US IPO in two years

Nium, valued at about $2 billion, is preparing to go public in the US by the second quarter of 2025, co-founder and Chief Executive Officer Prajit Nanu said in an interview in Singapore.

Brookfield India REIT, GIC to acquire commercial property for $1.4 billion

The properties being purchased are in Gurugram's Candour TechSpace and Powai's Hiranandani Gardens, according to the regulatory filing.

GIC Housing Finance drops 4% as Q4 result fails to enthuse investors

The company’s net consolidated income stood at Rs 287.4 crore in Q4 FY23, 0.87 percent lower from Rs 290 crore in yar-ago quarter

Chrys Capital-backed Mankind Pharma may float Rs 4,200-4,700 crore IPO in April

In 2015, Capital International had purchased an 11 percent stake in Mankind Pharma from ChrysCapital for $200 million. In April 2018, a ChrysCapital-led consortium, which included GIC and CPPIB, made a stunning comeback and bought a 10 percent stake again for around $350 million.

IDFC AMC's acquisition by Bandhan-led consortium gets SEBI nod

As per the terms of acquisition, BFHL will own approximately 60 percent stake in IDFC AMC, whereas, the other two members of consortium - GIC and ChrysCapital (CC) will own 20 percent each.