Moneycontrol PRO
you are here: HomeNewsTemasek

Temasek

Jump to
  • Atomberg raises $86 million in funding led by Temasek, Steadview Capital at $400-450 million valuation May 29, 2023 02:00 PM IST

    Atomberg raises $86 million in funding led by Temasek, Steadview Capital at $400-450 million valuation

    Atomberg plans to use the funds to boost manufacturing capabilities, support new product launches, and deepen its presence in offline stores in key regions.

  • Singapore's Temasek cuts staff compensation over FTX investment May 29, 2023 10:29 AM IST

    Singapore's Temasek cuts staff compensation over FTX investment

    FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued at $32 billion.

  • Inside DeHaat: Auditor concerns, governance lapses and fast-depleting funds May 24, 2023 10:50 AM IST

    Inside DeHaat: Auditor concerns, governance lapses and fast-depleting funds

    Bleak funding prospects, operational inefficiency and the pressure to grow rapidly have slowed DeHaat’s relentless march. Moneycontrol spoke to stakeholders, industry watchers, and experts to get a closer look at the troubles that are dogging the agritech ‘soonicorn’.

  • Temasek considers investing $100 million in Indian jeweller BlueStone : Report May 06, 2023 03:29 PM IST

    Temasek considers investing $100 million in Indian jeweller BlueStone : Report

    The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming nation behind China, as demand surges after the pandemic.

  • MC Interview: Temasek’s Ravi Lambah on its healthcare ambition after Manipal acquisition April 21, 2023 03:15 PM IST

    MC Interview: Temasek’s Ravi Lambah on its healthcare ambition after Manipal acquisition

    The Singapore-based investment giant recently sealed the biggest- ever private equity deal in the Indian healthcare sector by pumping in more than $2 billion in Manipal Hospitals. It is also invested in the listed firm Global Health.

  • Tiger Global-backed Open axes 47 jobs, founders take 50% pay cut April 20, 2023 04:26 PM IST

    Tiger Global-backed Open axes 47 jobs, founders take 50% pay cut

    As a part of scale-up and profitability, Open said in the statement that it will continue the efforts to make a highly performance-oriented effective organization fit for scale, the statement said.

  • Temasek's Sheares Healthcare targets 90% holding in Medica Synergie hospital chain April 17, 2023 05:54 AM IST

    Temasek's Sheares Healthcare targets 90% holding in Medica Synergie hospital chain

    Sheares holds an 18 percent stake in Manipal Hospitals and also has exposure to Global Health, the listed operator of Medanta Hospitals

  • Temasek’s entry valuation reflects long-term potential of Indian healthcare: Dr Ranjan Pai of Manipal Group April 10, 2023 01:53 PM IST

    Temasek’s entry valuation reflects long-term potential of Indian healthcare: Dr Ranjan Pai of Manipal Group

    Temasek has raised its stake and turned the controlling shareholder in Manipal Hospitals by shelling out Rs 16,000 crore in a mega transaction valuing the top pan-India hospital chain at Rs 40,000-42,000 crore

  • Temasek-owned Sheares seals the deal to pick up majority stake in Manipal Hospitals April 08, 2023 07:47 AM IST

    Temasek-owned Sheares seals the deal to pick up majority stake in Manipal Hospitals

    Prior to the deal, Sheares Healthcare India, an existing shareholder in Manipal Health Enterprises, held around 18 percent stake. Sheares manages a portfolio of healthcare delivery assets for Singapore-headquartered investment major Temasek.

  • upGrad raises Rs 300 crore in internal funding round from Temasek, Ronnie Screwvala, other existing shareholders March 29, 2023 11:45 AM IST

    upGrad raises Rs 300 crore in internal funding round from Temasek, Ronnie Screwvala, other existing shareholders

    The company said that existing shareholder Temasek contributed Rs 81 crore, while upGrad co-founder and chairperson Ronnie Screwvala contributed Rs 212 crore, with other minority stakeholders completing the balance.

  • Temasek remains invested in Adani Ports, says report January 30, 2023 08:13 AM IST

    Temasek remains invested in Adani Ports, says report

    Temasek 'remains invested in Adani Ports, as per their latest public shareholding disclosures', The Straits Times reported on Monday, citing a spokesman for the 49-year-old state-owned investor which has USD 496.59 billion in assets under management as of December 2022.

  • Morning Scan: Private investment, capex support in Budget 2023, an FPI advantage for NRIs January 16, 2023 07:41 AM IST

    Morning Scan: Private investment, capex support in Budget 2023, an FPI advantage for NRIs

    A round-up of the biggest articles from newspapers.

  • Temasek's top bid values Manipal Hospitals around Rs 40,000 crs-Rs 42,000 crs; Will TPG exit fully or hold on? December 27, 2022 10:33 PM IST

    Temasek's top bid values Manipal Hospitals around Rs 40,000 crs-Rs 42,000 crs; Will TPG exit fully or hold on?

    TPG Capital picked up a stake in Manipal Hospitals for Rs 900 crore in February 2015 and has been looking to clock returns on its 7 year old bet. India’s sovereign wealth fund NIIF is the other external investor in the Ranjan Pai-led hospital chain

  • ShareChat chief commercial officer Ajit Varghese resigns December 27, 2022 07:25 PM IST

    ShareChat chief commercial officer Ajit Varghese resigns

    Prior to joining ShareChat, Varghese served as the global president of Wavemaker, a global media network owned by the WPP group.

  • Steadview, Temasek in talks to invest $50-$60 million in smart fan maker Atomberg at a valuation of $350 million December 19, 2022 05:05 PM IST

    Steadview, Temasek in talks to invest $50-$60 million in smart fan maker Atomberg at a valuation of $350 million

    Atomberg's potential fundraise comes at a time when funding to the country's startups has slowed by more than 70 percent over the last three quarters, with investors preferring to avoid high-growth, loss-making technology companies amid macroeconomic headwinds.

  • HealthKart raises $135 million in funding led by Temasek December 05, 2022 07:21 PM IST

    HealthKart raises $135 million in funding led by Temasek

    In a statement, the company said it will use the capital raised for the growth of in-house D2C (direct-to-consumer) brands, increase offline distribution, expand international operations, and make select acquisitions.

  • Agritech startup DeHaat raises $60 million in Series E funding led by Sofina, Temasek December 01, 2022 12:25 PM IST

    Agritech startup DeHaat raises $60 million in Series E funding led by Sofina, Temasek

    Moneycontrol reported on October 21 that DeHaat had raised $45.8 million led by Sofina Ventures, according to the company’s regulatory filing with the Ministry of Corporate Affairs (MCA). This, however, was a part of a larger round, and the company today shared the entire fundraise amount in a statement. The company did not disclose if there was a revision in the valuation with additional funding coming in.

  • DeHaat raises $60 million from investors including Temasek December 01, 2022 10:08 AM IST

    DeHaat raises $60 million from investors including Temasek

    In a statement, DeHaat said "it has raised USD 60 million in a new financing round." Sofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock India also participating in the round.

  • As FTX collapses, Temasek becomes latest backer to write down $275 million funding November 17, 2022 06:28 AM IST

    As FTX collapses, Temasek becomes latest backer to write down $275 million funding

    "In view of FTX's financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX's bankruptcy protection filing," Temasek said in a detailed statement on Thursday.

  • Bill Gates, Ray Dalio join forces with Temasek in philanthropic push September 30, 2022 11:38 AM IST

    Bill Gates, Ray Dalio join forces with Temasek in philanthropic push

    Founding core members include the philanthropic arms of Bill Gates and his ex-wife Melinda, Ray Dalio, Li Ka-Shing, as well as four companies of Indonesia’s Widjaja family and the Tanoto Foundation, Temasek Trust Chairman Ho Ching said Friday at the Philanthropy Asia Summit 2022 in Singapore.

  • Temasek invests $85 million in Molbio Diagnostics September 26, 2022 02:12 PM IST

    Temasek invests $85 million in Molbio Diagnostics

    Goa-based Molbio Diagnostics is known for its 'Truenat' technology -- a portable, battery-operated real-time PCR platform that can be used for testing infectious diseases, including TB, COVID-19, Hepatitis-C virus, human papillomavirus, influenza and vector-borne diseases like dengue, chikungunya and malaria.

  • Exclusive | Temasek invests $15 million in neobanking platform Fi as part of ongoing Series C round August 12, 2022 06:19 PM IST

    Exclusive | Temasek invests $15 million in neobanking platform Fi as part of ongoing Series C round

    According to sources aware of the fundraise, the total size of the round is expected to be around $90 million. Alpha Wave Global, which is leading the round has already invested $45 million.

  • upGrad raises $210 million at $2.25 billion valuation in round led by ETS Global, Bodhi Tree August 08, 2022 10:07 AM IST

    upGrad raises $210 million at $2.25 billion valuation in round led by ETS Global, Bodhi Tree

    upGrad's multi-million dollar fundraise and aggressive hiring plans come at a time when edtech companies in India including some of the highest-valued unicorns like Unacademy, Byju's and Vedantu are firing hundreds of employees amid a decline in demand for their services

  • Temasek Turns Cautious on Outlook, Sees More Market Declines July 12, 2022 03:41 PM IST

    Temasek Turns Cautious on Outlook, Sees More Market Declines

    The $287 billion firm said it will slow its pace of investments and take a cautious stance given the likelihood of a recession in developed markets. Temasek said the risk of a mild recession in the US into 2023 has risen due to tighter financial conditions and geopolitical uncertainty. China meanwhile faces “challenges” meeting its 2022 growth target of 5.5%.

  • ShareChat parent raises $78 million at $4.9 billion valuation from Google and Temasek June 16, 2022 01:44 PM IST

    ShareChat parent raises $78 million at $4.9 billion valuation from Google and Temasek

    After the round, Google will hold a little over one percent stake in Mohalla Tech, while Temasek will hold about 2.64 percent stake, regulatory filings showed.