Temasek invests $27.5 million in Indian space-tech startup Skyroot
The present capital infusion builds upon the company's previous raise in 2022, bringing its total funding to $95 million, which is the largest ever for an Indian space-tech startup.
The present capital infusion builds upon the company's previous raise in 2022, bringing its total funding to $95 million, which is the largest ever for an Indian space-tech startup.
Mahindra's EV subsidiary's valuation jumps 15% from ₹70,070 crore to up to ₹80,580 crore
Manipal Group will hold about 30% of Manipal Health post the deal.
Temasek will invest over ₹690 crore which will be used for domestic and external business development, overseas market expansion and research and development.
The SME-focused neobanking platform’s total fund tally now stands at about $135 million.
With the latest $52 million fresh funding, the Bengaluru-based startup has raised a total of $244 million in funding this year.
As spending by the public sector in infra is set to slow down, the government has to look for means to attract private and foreign capital. Some steps have been taken, but will they be enough?
The finance minister announced several details in the Budget to enable the execution of the ₹100-lakh crore infrastructure outlay that Narendra Modi had unveiled in August.
Temasek’s investment comes as a mark of confidence in India’s infrastructure sector, which needs to grow at a rapid pace to sustain a high rate of economic development.
Funds will help Pine Labs as it ramps up its regional expansion