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Singapore`s Temasek eyes $10 bn investment in resilient India As the Indian economy remains resilient on its way to become the world’s third-largest one sooner than expected, Singapore's sovereign wealth fund Temasek is aiming to invest an additional over Rs 83,000 crore (about $10 billion) in the country in the next three years.  The potential sectors Temasek is eyeing for investment in India are healthcare, consumption, financial services, digitisation and sustainability, according to reports. Ravi Lambah, Temasek's head of In...
Singapore`s Temasek eyes $10 bn investment in resilient India
Singapore`s Temasek eyes $10 bn investment in resilient India
Source: IANS
2024-07-16 11:56:23 am
Indian startups raised nearly $7 billion in first half of 2024 Indian startups have raised nearly $7 billion in funding during the first half (H1) of 2024, more than the $5.92 billion raised in H1 2023.  However, the figures are still far less than $20 billion in H1 2022, according to data compiled by TheKredible. The $7 billion funding included 182 growth or late-stage deals worth $5.4 billion and 404 early-stage deals worth $1.54 billion. About 99 were undisclosed deals, reports Entrackr. During H1, Indian startups produced a couple of un...
Indian startups raised nearly $7 billion in first half of 2024
Indian startups raised nearly $7 billion in first half of 2024
Source: IANS
2024-07-03 06:06:36 pm
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation Eyewear retailer Lenskart has raised $200 million in secondary investment from global investment firms Temasek and Fidelity Management & Research Company (FMR), it was announced on Monday.  After this transaction, Peyush Bansal-led Lenskart has attracted close to $1 billion in capital over the last 18 months, making it one of the largest growth-stage financings globally, the startup’s financial advisor, Avendus Capital, said in a statement. With this funding, Lenskart&rsq...
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Source: IANS
2024-06-03 02:54:58 pm
Kedaara close to raising $1.7 billion for India`s biggest PE fund  Kedaara Capital is set to raise $1.7 billion for what would be India's biggest-ever private equity fund, two people with direct knowledge of the matter said, highlighting huge interest in the country's fast-growing economy amid a shift away from China. The latest fund will be Kedaara's fourth and will be 54% larger than its previous one in 2021. The plans come as India's stock markets are trading at record highs. While there have only been a handful of significant ...
Kedaara close to raising $1.7 billion for India`s biggest PE fund
Kedaara close to raising $1.7 billion for India`s biggest PE fund
Source: Reuters
2024-02-28 12:48:34 pm
Just 7 women-led startups in India receive funding this year Funding in women-led startups in India decreased from 183 startups in 2014 to a mere 7 this year to date, according to a new report. The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022. However, there was a sharp decline in 2023, with the number of rounds dropping to 185, according to a report from leading market intelligence platform Tracxn. Zomato, Byju’s Lenskart and Zerodha are among India&...
Just 7 women-led startups in India receive funding this year
Just 7 women-led startups in India receive funding this year
Source: IANS
2023-11-19 06:27:59 pm
Lenskart acquires AI-based computer vision startup Tango Eye Lenskart on Monday announced the acquisition of Tango Eye, an AI-based computer vision startup. With this acquisition, Lenskart plans to use visual artificial intelligence technology in improving store experience as well as its product experience.  The company has also been an early investor in Tango, and the acquisition strengthens Lenskart’s commitment towards leveraging technology to solve business problems and delight customers, the company said. "We have now exte...
Lenskart acquires AI-based computer vision startup Tango Eye
Lenskart acquires AI-based computer vision startup Tango Eye
Source: IANS
2023-10-30 04:01:10 pm