06.09.2016 - Singapore startup Garena says Temasek unit Seatown among new investors
Singaporean e-commerce startup Garena Interactive Holding Ltd on Monday said its latest round of fundraising has brought it investment from companies including a subsidiary of Singapore state investor Temasek Holdings. Garena said in a statement it had raised an undisclosed amount from Temasek's SeaTown Holdings as well as venture capital firms GDP Venture of Indonesia and Mistletoe of Japan. The capital raising comes after Garena in March said it had received $170 million from investors led by Malaysian state investor Khazanah Nasional Bhd. The three new investors join a global institutional investor base that includes General Atlantic and the Ontario Teachers' Pension Plan, Garena said...............................................Full Article: Source
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