Keppel will have a renewable energy portfolio of about 2.2 GW after the investment.
Indonesian MSME enabler Majoo raises $10m in Series A funding
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
The LP View: PTT banks on its VC network for seamless due diligence
Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
The firm raised $20.6 million from its parent companies in July.
Funds must now provide details about their investment strategy
Only 30% have set a target to reduce carbon emissions across their investments
The transaction marks the largest fundraise in India’s eyecare industry
Paras Healthcare, Sahyadri Hospitals; and Kauvery Hospital, among others, are eyeing PE funding.
Singapore assets make up 27% of Temasek’s portfolio, up from 24% a year earlier.
Rest of Asia
This brings the total funds raised by Intellect in its Series A round to $20 million.
Existing investors Ananta Capital and Agility Ventures may participate.
The firm is stepping up investments in hydrogen and expanding its portfolio in renewable energy