Betashares, a leading Australian financial services company, has entered a binding agreement with Temasek, a global investment company based in Singapore, marking a pivotal moment in Betashares’ growth trajectory. Under this agreement, Temasek will invest up to A$300 million, securing a minority stake in Betashares. This investment positions Temasek alongside existing stakeholders including Betashares staff […]
Specialist Risk Group (“SRG”), a prominent specialist insurance intermediary known for its focus on people and culture, has entered into a definitive agreement for acquisition by Warburg Pincus and Temasek. This partnership is anticipated to bolster SRG’s trajectory towards further growth and expansion. The closing of the acquisition is contingent upon satisfying customary conditions, including […]
Infosys, renowned for its leading position in next-generation digital services and consulting, has triumphantly declared a five-year extension to its thriving joint venture with global investment powerhouse, Temasek. The joint venture company, aptly named Infosys Compaz (iCompaz), has been a beacon of digital transformation for major corporations in the Southeast Asian region. With its prowess […]
In a significant move that marks a new chapter in the electric vehicle industry, Temasek, the renowned Singapore-headquartered investment firm, has executed a binding agreement to invest Rs. 1200 crores into MEAL (Mahindra Electric Automobile Limited). Temasek’s Strategic Investment in Mahindra Electric Automobile Limited This substantial investment will be made in the form of Compulsorily […]
Brookfield Asset Management and India’s largest private sector enterprise, Reliance Industries, have made a landmark agreement, signing a Memorandum of Understanding (MoU), aimed at bringing renewable energy and decarbonization equipment manufacturing to Australia. The partnership hopes to speed up and reduce risks associated with Australia’s energy transition by enabling the local production of clean energy […]
Viva Biotech Holdings Group has announced the fundraising of nearly $150 million by transferring about 24% of its equity interest in Viva Shanghai, its chief entity for contract research organization (CRO) business, to Temasek, HighLight Capital (HLC), and True Light. The transaction has additionally resulted in a profit of around $60 million for the publicly […]
WaveBL, a prominent provider of electronic Bills, has successfully raised $26 million in its latest funding round, further solidifying its status as a key player in the digital trade document sector on a global scale. The funding round was led by NewRoad Capital Partners, an investment firm focused on innovative and growth-oriented companies in the […]
Infosys Compaz has been engaged by Singapore-based info-communications provider StarHub to drive the IT transformation of the latter. The joint venture between Infosys and Temasek will also help StarHub in bolstering its technology operations, cybersecurity, and management of services. Through the engagement, Infosys Compaz is expected to increase the quality, performance, responsiveness, availability, and cost […]
Trigo, an Israeli computer vision company, has raked in $100 million in a new funding round led by Singaporean investment firm Temasek and London-based venture capital firm 83North. The proceeds from the equity financing round will be used to further develop and commercialize Trigo’s StoreOS, a store and inventory management software application, enter new markets, […]
Indian IT giant Infosys revealed plans to recruit 300 workers over the next three years in Singapore across a range of roles. For supporting the ongoing programs of the government of Singapore to generate job opportunities for freshers as well as mid-career professionals, Infosys said that it has collaborated with Infocomm Media Development Authority of […]