Page 3 - Temasek

Temasek to invest Rs 1,200 crore in Mahindra Electric via preference shares

With this, the company's valuation will rise 15 per cent from Rs 70,070 crore to Rs 80,580 crore

E-scooter maker Ola Electric targeting $1.5 billion sales this year

In June, industry-wide Indian sales of e-scooters more than halved from May to a six-month low of 45,800 units, government data showed

Temasek Holdings seeks strategic partners to deploy $5 bn a year in India

The state investor is planning to hire another four to five investment professionals, bringing its India team to more than 20 people, Temasek India head Ravi Lambah said

Temasek investments guided by digitisation, future of consumption: Execs

Country's demographics, steady policy and focus on infrastructure are among its strengths, say senior executives of Singapore-based investment firm

Temasek plans to step up investment in India technology, retail firms

EvolutionX Debt Capital, a growth-stage debt financing platform jointly established by Temasek and DBS Bank, provides financing to growth-stage technology-enabled companies

Tata Group weighs buying Temasek Holdings' stake in Pay TV platform

Tata Group is contemplating whether to delay the planned Tata Play listing because of market conditions, the people said

Temasek considers investing $100 million in 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

Crompton Greaves CE tanks 13%; hits 52-week low as CEO Mathew Job resigns

Going forward, any material changes in growth outlook and improvement in margin guidance by the new management will be key monitorables for the company, ICICI Securities said in a note.

Temasek scouts for opportunities in healthcare, retail and tech firms

Post $2 bn investment in Manipal Hospital, Singapore fund scouting for more investments

Manipal Health aims adding 3,600 beds yrs after Temasek controlling stake

Expansion and acquisitions to take hospital chain's total to nearly 12,000 beds

Temasek to buy additional 41% stake in Manipal Health for Rs 16,300 cr

Singapore's sovereign wealth fund Temasek will buy an additional 41 per cent stake in Manipal Health Enterprises for more than Rs 16,300 crore (USD 2 billion), taking its total shareholding to 59 per cent in one of the country's largest hospital chains. The acquisition of the stake, announced on Monday, is the largest deal in the Indian healthcare sector. Headquartered in Bengaluru, Manipal Health Enterprises (MHE) runs a chain of 29 hospitals under the brand name 'Manipal Hospitals' in 16 cities, with close to 8,300 beds. Temasek will buy the additional stake from Manipal founder Ranjan Pai's family, TPG and the National Investment and Infrastructure Fund (NIIF). However, financial details were not disclosed in the announcement made on Monday. Sources said Temasek's buyout of the additional stake will be for more than Rs 16,300 crore valuing MHE at around Rs 40,000 crore, making it the largest deal in the Indian healthcare sector. The transaction tops the list of multi-crore de

We will continue to hold 30% in Manipal Health: Manipal group chairman

In a Q&A, Dr Ranjan Pai also confirms that Manipal Health will look for a listing going forward

Singapore's Temasek buys 41% stake in Manipal Health for $2 billion: Report

Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors

Temasek in talks to buy stake in India's Cloudnine hospital chain: Report

Singaporean sovereign fund Temasek Holdings is in advanced talks to buy a minority stake in Cloudnine Hospitals, valuing the Indian hospital chain at Rs 30 billion ($362.7 million)

Drug, medical services firm PharmEasy may lay off hundreds of employees

The company has a total workforce of about 1500

HealthKart raises $135 million in funding from Temasek, A91 Partners

Company will use money to promote brands, increase offline distribution, and expand internationally

Foodtech platform HealthKart raises $135 mn from Temasek, A91 Partners

Foodtech platform HealthKart on Monday said it has raised $135 million in a funding round led by Temasek, with participation from A91 Partners and Kae Capital

Which investors will lose the most money because of FTX's implosion?

Out of all the investors, at least two major shareholders, Sequoia and Paradigm, have decided to mark their investments down to zero

PE, Sovereign funds making larger investments in Indian tech firms

PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more

Unacademy CMO Karan Shroff quits firm year after being made partner

CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs