05.11.2015 - Temasek switches India focus to software
The venture capital arm of Temasek Holdings is shifting its focus in India to software makers that service small and medium-sized businesses, as it sees the e-commerce sector becoming "overheated" with funds rushing to invest in unprofitable companies. Vertex Venture Holdings, a unit of Temasek, is hunting for start-ups making cheap software for the nation's hordes of small businesses that could range from a supply chain app to a payroll processing system, said Mr Ben Mathias, its managing director for India...............................................Full Article: Source
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