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PharmEasy makes formal move to buy Bengaluru-based peer

TMT

11 August, 2020

PharmEasy makes formal move to buy Bengaluru-based peer

PharmEasy, one of the most heavily funded online pharmacy startups, has made a formal move to acquire a Bengaluru-based peer ......

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

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 ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

GIC flags lower returns from weak growth, cautious on markets

Finance

28 July, 2020

GIC flags lower returns from weak growth, cautious on markets

The long-term returns of Singapore sovereign wealth fund GIC have dropped within a whisker of a record low struck during ......

Temasek-backed Pine Labs invests in Malaysian fintech firm Fave

TMT

23 July, 2020

Temasek-backed Pine Labs invests in Malaysian fintech firm Fave

Pine Labs Pvt. Ltd, a Noida-based payments solutions provider, has invested in Malaysian financial technology company Fave Asia Technologies Sdn. ......

Temasek's portfolio value drops for first time in four years

Finance

21 July, 2020

Temasek's portfolio value drops for first time in four years

Temasek Holdings' net portfolio value (NPV) fell for the first time in four years, hit by the coronavirus pandemic but ......

Grapevine: Temasek may invest in Zomato; Coatue may lead funding for Vedantu

General

30 June, 2020

Grapevine: Temasek may invest in Zomato; Coatue may lead funding for Vedantu

Singapore’s Temasek is in discussions to invest up to $100 million (Rs 755 crore at current exchange rate) in online ......

Sovereign wealth funds pile into venture capital investments in 2020

Finance

30 June, 2020

Sovereign wealth funds pile into venture capital investments in 2020

Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the ......

Rainy day hastens sovereign wealth funds' refocus to home

Finance

26 June, 2020

Rainy day hastens sovereign wealth funds' refocus to home

Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth ......

GIC picks up stake in ICICI Prudential Life Insurance in new BFSI bet

Finance

22 June, 2020

GIC picks up stake in ICICI Prudential Life Insurance in new BFSI bet

ICICI Bank, India’s second-largest private-sector lender, on Monday divested a small chunk of its holding in its life insurance arm ......