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The Indian startup ecosystem has reached $12.2 billion in funding in the first 10 months this year, crossing the total amount raised throughout 2023 (about $11 billion), with two months to go. Homegrown startups surpassed $1 billion in funding again across 119 deals in the month of October. September saw the second-highest funding with $1.63 billion, behind the peak of $1.92 billion registered in June. In October, the growth and late-stage funding segment comprised 28 deals, contr...
Indian startups raise $12.2 bn, surpass 2023 figure with 2 months to go
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
Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding, complying with regulations governing direct-to-home (DTH) companies, according to the report, which cited people familiar with the matter...
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
Mubadala is in talks to acquire a stake of less than 10% in India's Manipal Hospitals, in what could be the Abu Dhabi sovereign fund's first investment in the booming Indian healthcare space, people with direct knowledge said.The fund is holding talks with Singapore's Temasek, which spent $2 billion in April to raise its stake in Manipal to 59% from 18% in the biggest hospital sector deal in India, said two of the three sources, who all sought anonymity as the talks are confidential.The...
Exclusive-Mubadala in talks with Temasek for stake buy in India's Manipal Hospitals
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