Temasek Holdings
Temasek invests $151m in India's Glenmark Pharma
Singapore state-backed investment group Temasek Holdings has invested INR9.45 billion ($151 million) in India's Glenmark Pharma via a preferential allotment of shares.
Temasek completes acquisition of SVB India
Singapore's Temasek Holdings has completed its acquisition of SVB India Finance for INR3 billion ($48 million) and renamed the company. It will now be known as InnoVen Capital India.
Dianping secures $850m pre-IPO round
Having raised $850 million - the largest disclosed round for a Chinese tech start-up so far this year – in a matter of months, Dianping is now thought to be nearing an IPO. The investment values the 12-year-old company, described as a Chinese version...
Investors commit $850m to China's Dianping
Dianping, one of China’s most popular sites for restaurant reviews and group-buying services, has received a $850 million round of investment that values the start-up at $4.05 billion.
Chinese K12 education site 17zuoye raises $100m
H Capital has led a $100 million Series D round of funding for 17zuoye.com, a Chinese K-12 online learning and teaching platform. Singapore’s Temasek Holdings, DST Advisors and Shunwei Capital Partners, also took part in the round.
China's two largest VC-backed taxi-booking apps to merge
Didi Dache and Kuaidi Dache, China's two largest venture capital-backed taxi-booking app start-ups, are planning to merge to create one of the largest companies of its kind in the world.
Temasek leas $60m round for India big data player Manthan
Temasek Holdings has led a $60 million round if funding for India-based data analytics firm Manthan Software Services, with participation from existing backer Norwest Venture Partners.
Legend Capital leads $100m round for China's Innovent Biologics
Legend Capital has led a Series C round of funding worth $100 million for Innovent Biologics, a Chinese biopharmaceutical company.
Temasek buys SVB's India venture debt business
Singapore's Temasek Holdings has agreed to acquire the India venture debt unit of NASDAQ-listed financial services company SVB Financial Group for INR2.8 billion ($45 million).
Temasek acquires 18% stake in Indian hospital operator
Temasek Holdings - an investment arm of the Singapore government - has acquired a 17.74% stake in Global Health, which operates the Mendanta super specialty hospital in Gurgaon, India.
Chinese taxi-booking app Didi Dache raises $700m
Singapore’s Temasek Holdings, DST Global and Chinese internet giant Tencent Holdings have led a new round of funding worth $700 million for Didi Dache, a Chinese taxi-booking app.
Xiaomi, Temasek, Kingsoft to invest in China's 21Vianet
Software giant Kingsoft Corporation, smart phone maker Xiaomi and Singapore’s Temasek Holdings have agreed to invest $296 million in 21Vianet, a Chinese internet data center provider.
Southeast Asia's Lazada rockets past $700m mark
“We go in with a certain hypothesis of growth and revenue. Sometimes you’re not able to guess how the market will react. If the hypothesis is not confirmed within 3-6 months then we decide to pull out.”
Temasek leads $249m round for SE Asia-focused Lazada
Temasek Holdings has led a EUR200 million ($249 million) round of funding for Lazada, a Southeast Asia-focused online retailer set up by Germany’s Rocket Internet.
RRJ leads $1b investment in Cheniere Energy
RRJ Capital has agreed to invest $1 billion in convertible notes issued by Cheniere Energy, a US-based liquefied natural gas (LNG) producer.
Danone to take 25% stake in Chinese PE-backed dairy firm
French dairy giant Danone will buy a 25% stake in PE-backed Chinese infant formula maker Yashili from majority shareholder China Mengniu Dairy for HK$4.4 billion ($567 million).
China's COFCO plans IPO for PE-backed businesses
Chinese agricultural conglomerate COFCO Corporation is looking to list some of its assets, including Noble Group’s agribusiness unit and Dutch grain trader Nidera Holdings, both of which were acquired with PE support.
Pavilion, Recruit provide Series B2 for Japan's Freee
Temasek Holdings-owned Pavilion Capital and Recruit Strategic Partners, the VC arm of Recruit Holdings, have led a Series B2 round of funding worth $6 million for Freee, a Tokyo-based provider of automated online accounting software.
Temasek wins approval to buy Intas stake from ChrysCapital
Temasek Holdings has received approval from the Competition Commission of India (CCI) to acquire a stake in Intas Pharmaceuticals from ChrysCapital Partners.
PE investors set for partial exits as Alibaba targets $24b IPO
Chinese e-commerce giant Alibaba Group is seeking to raise as much as $24 million through a US IPO that could be the largest tech offering in history.
China mobile healthcare developer gets $50m Series C round
Spring Rain Software, a Chinese mobile healthcare app developer, has raised a $50 million Series C round from new investors China International Capital Corp. (CICC), Rushan Investment Management and Temasek Holdings’ Pavilion Capital.
Temasek exits New China Life via share sell-down
Temasek Holdings has exited its entire stake in New China Life Insurance, China’s third-largest life insurer, raising HK$2.14 billion ($276 million).
WH Group sets terms for HK IPO to raise $2b
WH Group, the Chinese pork producer backed by investors such as CDH Investments and Goldman Sachs, has set terms for a revised Hong Kong IPO that will raise up to HK$15.9 billion ($2.05 billion).
Temasek's Pavilion Capital leads $60m round for Rong360
Temasek Holdings’ Pavilion Capital has led a $60 million Series C round of funding for Rong360, a Chinese online search for loan products.