GIC has led a USD 60m Series C round for Euler Motors, an India-based manufacturer of commercial electric vehicles (EVs), at a valuation of USD 200m.
Other participants included Blume Ventures, Athera Venture Partners (formerly known as Inventus Capital Partners), ADB Ventures, industrial goods B2B marketplace Moglix, and QRG Investments & Holdings,...
India’s Innoven Capital, a joint venture between UOB and Temasek Holdings-owned Seviora Holdings, has fractionalised a USD 50m venture debt fund using blockchain and smart contracts.
OneVentures and UniQuest have led a AUD 34m (USD 23m) funding round for Vaxxas, an Australia-based biotechnology company running clinical programmes that include a needle-free COVID-19 vaccine candidate.
Temasek Holdings, A91 Partners, and Kae Capital have invested USD 135m in Indian omnichannel wellness products retailer HealthKart.