GIC
Manufacturing
Petronas unit, GIC to invest in Greenko founders' green ammonia business
Gentari Sdn Bhd and GIC Holdings Pte Ltd will invest $1.75 billion in AM Green Ammonia Holdings, a company owned ......
General
Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets
Singapore sovereign wealth fund GIC plans to set up a $1-billion joint venture platform with power transmission developer Sterlite Power, ......
Finance
CVC Capital backers plan to sell shares in over $1 billion IPO
CVC Capital Partners' institutional backers plan to sell shares in the buyout group as part of its upcoming initial public ......
TMT
General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn
Media technology firm Amagi is in talks with new and existing investors to raise as much as $250 million in ......
TMT
Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23
Serial entrepreneur Kunal Shah’s Cred grew its revenue rapidly in the financial year ended March 2023 as the fintech startup sought to improve monetisation by offering more products, but it spent almost twice as ......
General
Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said. ADIA, which is already an ......
Healthcare
TPG-backed firm to absorb Indian drugmaker's contract development biz, go public
An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......
Healthcare
TPG-backed Asia Healthcare Holdings acquires nephrology hospital chain
Asia Healthcare Holdings (AHH), which operates Motherhood Hospitals and Nova Fertility Clinics, has struck a deal to pick up a majority stake in a urology and ......
Infrastructure
What is clouding GIC-controlled Greenko's outlook as it diversifies into new areas?
In March, Hyderabad-based renewable energy company Greenko raised $700 million (around Rs 5,700 crore) via a rights issue from its existing backers—GIC of Singapore, Abu Dhabi ......
Manufacturing
GIC-backed Ather gears up to test export markets after subsidy cuts
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive ......
