Temasek
Recent Highlights
All Stories for Temasek
SoftBank, SingTel, Temasek, others to invest $1.25 bn in Airtel Africa; co to use funds to reduce debt, upgrade network
•The Africa business helped Bharti Airtel post positive income at the end of first quarter of 2018-19.
Bharti Airtel shares soar nearly 11% after global investors agree to infuse $1.25 billion; m-cap zooms Rs 12,332 crore
•Six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, have agreed to invest $1.25 billion through a primary equity issuance in Airtel Africa
Six global investors, including Softbank group and Warburg Pincus, to invest $1.25 billion in Airtel Africa
•Infosys to expand in Southeast Asia with Temasek joint venture; to have majority stake in Singapore venture
Fp Staff •Headquartered in Singapore, the Infosys-Temasek joint venture will have more than 200 employees and contractors from Trusted Source, while Infosys staff will join over time.
Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies
•Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others
PolicyBazaar raises more than $200 mn led by SoftBank Vision Fund, enters coveted Unicorn club
•Founded in 2008, PolicyBazaar's investors include the likes of Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices
Finance minister Arun Jaitley to visit Singapore, meet foreign investors, fund managers
•Arun Jaitley will meet the Deputy Prime Minister of Singapore, Tharman Shanmugaratnam, to discuss bilateral issues
Microsoft announces eleventh cohort of 14 start-ups for its Accelerator programme
Ians •Microsoft announced its 11th cohort of 14 late-stage start-ups for its 'Accelerator' programme to help boost their enterprise readiness and GTM activities.
Struggling SoundCloud receives new funding from Raine Group of New York and wealth fund Temasek
•SoundCloud, the world's most popular streaming music app said it received new funding on Friday, the company laid off 40 percent of its staff in July.
SBI offloads nearly 4% stake in life arm to Temasek and KKR for Rs 1,794 cr
•Both the partners will pick up equal stake in the third largest private life insurer, after HDFC Life (post merger with Max Life) and ICICI Prudential Life