The Asian Development Bank (ADB) has invested $100 million in NIIF Fund of Funds, a rupee-denominated fund-of-funds vehicle anchored by the Indian government.
The fund-of-funds program also counts the National Investment and Infrastructure Fund (NIIF), a government-backed fund manager, and the Asian Infrastructure Investment Bank (AIIB) as investors. Established...
Singapore-based start-up incubator Antler will launch operations in India later in the year and plans to raise upto $50 million to invest in start-ups in the country.
Genor Biopharma, a Shanghai-based innovative drug developer, has raised $160 million in Series B funding led by Hillhouse Capital.
Fullerton India Credit (FICC), an Indian non-banking financial company (NBFC) owned by Singapore's Temasek Holdings, has raised INR7.5 billion ($100 million) in funding from its parent.
Beam, a Singapore-headquartered ride-sharing platform for e-scooters, has raised $26 million in a Series A funding round led by Sequoia Capital India and Hana Ventures.