In December 2021, Temasek s healthcare platform Sheares had acquired a majority position in Medica Synergie by purchasing the stake held by private equity firm Quadria Capital
Earlier this year, Temasek sealed the biggest private equity deal in the Indian healthcare sector - the acquisition of a majority stake in Dr Ranjan Pai-led Manipal Hospitals for more than $2 billion.
Having made an indirect entry into the consumer space through bets on a couple of packaging businesses, the homegrown PE firm Kedaara Capital has established its presence through half-a-dozen solid bets.
Singapore’s Temasek Holdings Pte is looking for strategic partners as it seeks to deploy between US$3bil (RM13.63bil) and US$5bil (RM22.71bil) a year in India, betting that the country can become a top driver for growth.