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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek invests in Premji backed Healthcare Global Enterprises

Posted on 11 March 2013

Singapore government’s investment vehicle, Temasek Holdings, has invested R140 Cr in South India headquartered Healthcare Global Enterprises (HCG).
It also adds a valuation figure of HCG at R1,000 Cr with founder BS Ajaikumar holding back 26-28% stake. With the latest round, Evolvence Capital, which had put in R30 Cr in the firm in 2007, has marked its exit with a return of around 2.3x………………………………………..Full Article: Source


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