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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Temasek switches India focus to software

Posted on 05 November 2015

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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