Analysis
The shutdown will affect 606 employees across SG, Indonesia, India and Australia.
1
Intel received $5.7b from US government for 10% stake under Trump deal
2
American Bitcoin, backed by Trump sons, aims for Nasdaq listing in Sept
3
GIC-backed Indian stock broking platform Groww gets nod for IPO: report
4
Olam to shut down Jiva Ag amid "difficult market conditions"
5
Temasek shuffles top deck, splits portfolio into three new entities
More Stories
Indonesian SaaS startup Mekari restructures ownership, buys local commerce platform
Secondaries becoming default exit path in parts of Asia: S Korea’s Shinhan
CIP, PetroVietnam to develop offshore wind project in Vietnam
Temasek’s SeaTown hits first close of latest private credit fund at $612m
SG payments firm Tazapay bags Series B funding from Ripple, Circle
Policy & Regulations
Chia Song Hwee will be appointed co-CEO of Temasek International, effective October 1, 2025.
Venture Capital
Existing investors Wavemaker Partners, Velocity Ventures, and Vulpes Ventures reupped.
The shares were priced 53% higher than in a recent allocation in July.
Private Credit
The new Private Infrastructure and Private Equity portfolios are managed by Hamilton Lane.
Earnings and Results
The company generated profit for shareholders in only its second year of operations.
US venture capital firm Informed Ventures led Bluente’s Seed+ funding.
The LP View
Secondary funds account for more than 23% of the firm’s AUM.
Existing investors Getz Inc. and Woodside Holdings Investment Management also participated.
The round was anchored by existing investor Peak XV Partners.
