Temasek
[Year in review] Southeast Asia’s Top 10 tech news in 2023
As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.
ACP, IFC, MAS and Temasek establish green investments partnership in Asia
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.
New report reveals $330B/year opportunity in emerging market green investments
Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B per year over the next decade and spur green development, said a report on Thursday.
LeapFrog, Temasek, EIB join forces to deliver $500 million pledge for green solutions
LeapFrog Investments, the profit with purpose firm based in United Kingdom, has announced investment from Temasek and support from the European Investment Bank for its strategy to deploy $500 million to address climate change in Africa and emerging Asia.
E-Conomy SEA 2023 report: Southeast Asia’s digital economy is set to hit $100B in revenue
Southeast Asia (SEA)’s revenue from the digital economy is poised to hit $100 billion this year, growing 1.7 times as fast as the region’s gross merchandise value (GMV), Google, Temasek and Bain & Company said in a report on Wednesday. According to the 8th edition of the e-Conomy SEA report, despite global macroeconomic headwinds, the region’s GMV…
Infosys and Temasek extend digital services joint venture for five years
Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. Infosys Compaz (iCompaz), the Infosys-Temasek joint venture (JV) company, has collaborated with large corporations in…
Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures
Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be provided with entrepreneurial mentorship, funding, and support to position them for long-term global success.
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Temasek leads $140M India’s Ola Electric funding at $5.4B valuation – report
The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first source, according to the report.
From blocks to bytes, we need builders for Singapore’s digital domain, too
#Singapore's iconic public housing scheme is undergoing pivotal changes for greater inclusivity and equity. But Prime Minister Lee Hsien Loong's recent National Day Rally also touched on another vision: We need to empower more Singaporeans to build our digital domain to forge our economic future.
