GIC
General
Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects
Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......
Finance
IPO-bound CAMS nets $90 mn from GIC, other anchor investors
Warburg Pincus-backed Computer Age Management Services Ltd (CAMS) has raised Rs 666.5 crore ($90.5 million) from anchor investors including Singapore ......
TMT
GIC, Avendus fund among anchor investors in Happiest Minds IPO
Software services company Happiest Minds Technologies Ltd raised Rs 315.9 crore ($43.13 million) from a bunch of anchor investors that ......
General
Grapevine: Silver Lake to invest in Reliance Retail; SoftBank eyes TikTok India
Private equity firm Silver Lake is looking to invest close to $1 billion (Rs 7,342 crore) in Mukesh Ambani’s Reliance ......
TMT
GIC joins as co-investor in India's biggest PE deal
Singaporean sovereign wealth fund GIC Pte Ltd said Tuesday it has teamed up with Canada’s Brookfield Asset Management Inc. and ......
Infrastructure
GIC backs Mumbai developer in third India real estate bet of 2020
Singapore sovereign wealth fund GIC Pte Ltd has struck its third India real estate investment of 2020 as it backed ......
Infrastructure
How coronavirus is prompting sovereign wealth funds to rethink real estate bets
The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. With prime office blocks lying empty around the ......
Finance
GIC ups stake in lender with single-biggest India cheque of 2020
Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......
General
Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail
Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......
Finance
GIC bets more on Bandhan Bank as Temasek joins in
Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings ......
