Pine Labs, one of Asia’s merchant commerce platforms, has announced a new investment round in the company with the entry of Invesco, a US-based investment management company. Invesco Developing Markets Fund has invested US $100M in Pine Labs. Earlier in July 2021, the company had announced a total round size of US $600M and brought…
Omni-channel D2C eyewear brand Lenskart has announced that it has raised $220 million in the latest funding round co-led by Temasek Holdings, a Singapore-based sovereign wealth fund and Falcon Edge Capital. With this round, the eyewear brand is now valued at $2.5 billion. Speaking on the announcement, Founder Peyush Bansal said, “Every vertical from apparel to footwear,…
New York-based global cybersecurity services company BlueVoyant recently announced the close of a third round of funding. The $68mn financing round was led by Temasek, a global investment company headquartered in Singapore, and included participation from new and other existing investors. This brings total funding of the company to $275 million to date. The latest…
Singapore’s state investor, Temasek, is reportedly looking to invest up to $100mn in food delivery unicorn Zomato. The development was first reported by Economic Times on Tuesday, citing people familiar with the matter. According to the report, the investment comes at a time when Zomato’s largest institutional stakeholder Ant Financial’s promised investment of $150mn has…
Arterys, a US-based global medical imaging platform to deliver clinical AI products over the internet, announced that it has raised a $28 million Series C investment from a syndicate led by Benslie Investment Group and Temasek Holdings, with participation by Fosun, Revelation Partners, Emergent Medical Partners, and Varian Medical Systems. Arterys said it will deploy…
Gojek, an Indonesian ride-hailing and payments firm, has closed an additional $1.2 billion of funding recently, as per an internal memo reviewed by Reuters. The memo states that the company’s total funds stand at around $3 billion, and added it was still seeing “strong demand” among the investment community despite “turbulence within the tech investment…
Temasek Holdings, a Singapore based investment company is now a shareholder in HCG Enterprises Limited. Evolvence India Life Sciences Fund, which has been an investor in HCG since 2007, will be exiting their investment to Temasek in the Company. HCG the Bangalore headquartered company runs a network of over 26 cancer care centers. HCG happens…