Category: <span>GIC</span>

Singapore’s GIC backs ThoughtWorks’ $720m round

ThoughtWorks plans to use the fresh capital to repurchase equity from existing investors. Source link

SoftBank, Legend Capital, and Hillhouse Capital’s venture fund GL Ventures also participated in the round. Source link

The partnership will focus on rolling out its software-as-a-service platform, Stack Overflow for Teams, across the country. Source link

The new venture aims to develop last-mile distribution centers in the region, focusing on the UK, France, Germany, Spain, and…

Last year, the company secured US$140 million in a series D round led by Warburg Pincus, followed by an undisclosed…

Shares of Uxin closed up at US$1.10 on October 8, when a filing showed the Singapore sovereign wealth fund increased…

The round was co-led by Singapore’s sovereign wealth fund GIC and Sequoia India. Source link

Vietnam seeks another edtech breakthrough, and Reliance Industries’ retail unit bags more money from investors. Source link

Meanwhile, China’s National Council for Social Security Fund plans to buy shares in the Shanghai market. Source link

The latest investment gives Reliance Retail a pre-money valuation north of US$58.4 billion. Source link