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GIC

UK's BII, others back Euler Motors in extended Series C round

Manufacturing

06 November, 2023

UK's BII, others back Euler Motors in extended Series C round

Electric vehicle company Euler Motors said Tuesday it has raised Rs 120 crore ($14.4 million) in an extended Series C ......

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Sovereign fund, others finance India exit for Morgan Stanley PE, BanyanTree

Consumer

03 November, 2023

Sovereign fund, others finance India exit for Morgan Stanley PE, BanyanTree

A private equity fund managed by Wall Street firm Morgan Stanley and Indian mid-market PE firm BanyanTree have made an exit ......

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In Charts: Check out India's largest renewable energy companies

Infrastructure

01 November, 2023

In Charts: Check out India's largest renewable energy companies

India’s renewable energy sector has grown exponentially over the past decade, attracting billions of dollars in private investment and creating ......

Temasek leads $27.5 mn funding in GIC-backed Skyroot

TMT

30 October, 2023

Temasek leads $27.5 mn funding in GIC-backed Skyroot

Spacetech startup Skyroot Aerospace has raised a new round of capital from Singapore state investment firm Temasek, a year after ......

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Petronas unit, GIC to invest in Greenko founders'  green ammonia business

Manufacturing

30 October, 2023

Petronas unit, GIC to invest in Greenko founders' green ammonia business

Gentari Sdn Bhd and GIC Holdings Pte Ltd will invest $1.75 billion in AM Green Ammonia Holdings, a company owned ......

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Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets

General

25 October, 2023

Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets

Singapore sovereign wealth fund GIC plans to set up a $1-billion joint venture platform with power transmission developer Sterlite Power, ......

CVC Capital backers plan to sell shares in over $1 billion IPO

Finance

19 October, 2023

CVC Capital backers plan to sell shares in over $1 billion IPO

CVC Capital Partners' institutional backers plan to sell shares in the buyout group as part of its upcoming initial public ......

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General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

TMT

10 October, 2023

General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

Media technology firm Amagi is in talks with new and existing investors to raise as much as $250 million in ......

Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23

TMT

05 October, 2023

Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23

Serial entrepreneur Kunal Shah’s Cred grew its revenue rapidly in the financial year ended March 2023 as the fintech startup sought to improve monetisation by offering more products, but it spent almost twice as ......

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Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

General

27 September, 2023

Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said.   ADIA, which is already an ......