The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
Temasek’s India portfolio has risen to close to around SGD 40 billion, representing 8 percent of the net portfolio value, and the investor has plans to invest further in areas like consumption, financial services and healthcare.
These PE firms are looking to buy at least 51 percent stake in the sweets-and-savouries maker at a valuation of $8-10 billion, the report further added.
Shiprocket was last valued at about %1.2 billion, data shows. Zomato is backed by investors from Temasek to PayPal
Following the closing of the transaction, Manipal Group will hold about 30 percent of Manipal Hospitals. Sheares Healthcare Group will retain its existing 18 percent stake.
Though an increase of nearly 331 percent YoY in revenue, the company has spent about Rs 3,407.56 crore to earn Rs 346.93 crore in revenue from operations in FY22
Fantasy gaming platform Jeet11 was launched in 2020, to compete with Dream11 and Mobile Premier League (MPL).
TPG Capital Management looks to cash in on a seven-year investment after the Texas-based private equity fund failed in its attempts to sell the shares back to Manipal's Pai family
The IT major has collaborated with the Infocomm Media Development Authority of Singapore and the hiring plan was in keeping with its commitment to the firm's localisation strategy, Infosys has said
Post this round, the promoters will continue to hold a 29.99 percent stake in the start-up.
The Bangalore-based firm is in advanced talks with Singapore state investor Temasek Holdings Pte and Indian digital media group Times Internet Ltd.
'To accommodate this delay of global consolidation for financial reporting, Temasek's own annual reporting will be delayed from July till September,' Ho said.
The sale would be worth around Rs 1,328 crore giving the investors a three-fold return on their four-year-old investment
The shares were bought by Camas Investments, which is an indirect wholly-owned subsidiary of Temasek. According to the data, Camas Investments picked up a little over 2.70 crore shares, representing 1.31 percent stake in the firm.
Go-Jek's existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also participating in the funding round of Go-Jek, which is raising about $1.2 billion in total, the sources said.
Vertex plans to continue its strategy of investing in early-stage technology companies in southeast Asia and India across enterprise technology, financial technology and consumer internet, it said in a statement.
Temasek also said it expects more volatile markets and an increasingly challenging business environment, and that it had the financial flexibility to pursue investment opportunities that arise.
Singapore's GIC Private and Temasek Holdings each purchased USD 500 million of Alibaba shares at USD 74.00 apiece through subsidiaries, Alibaba said, offering details of the SoftBank sale announced on Tuesday.
Helped by improved assets under management and gains in rural business, Fullerton India has reported 32.1 percent rise in its net earnings to Rs 397.6 crore for the financial year ending March 31, 2016
Neptune Orient Line, owned by Singapore's state fund Temasek Holdings, over the weekend announced that it has entered exclusive talks with, France's CMA CGM—the world's third largest container shipping line—over a potential takeover
"Singapore Technologies Telemedia, an investment unit of Temasek Holdings, has emerged as a strong contender to buy Tata Communications' data centre business," said a media report quoting unnamed sources.
Seeking to raise funds to revitalize its domestic business, Tesco said it would sell Homeplus, its biggest overseas unit, to a group of investors led by MBK and including the Canada Pension Plan Investment Board, Public Sector Pension Investment Board and Temasek Holdings.
India, last year, was the world's fastest growing wealth management market, according to a CapGemini and RBC Wealth Management study published in June, spurred largely by rising personal income as well as a boom in e-commerce start-ups that has also attracted foreign investors.
Other investors include hedge fund Coatue Management LLC and China's mobile car-ride hailing company Didi Kuaidi, said GrabTaxi, which competes with Uber Technologies Inc.
Mauritius-based Aranda Investments is a foreign portfolio investor and a wholly-owned indirect subsidiary of Temasek Holdings, the investment arm of the Singapore government.