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Saudi PIF invests in Indian healthtech platform
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Saudi s PIF-owned Elm invests in Indian healthtech platform: Livemint
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Saudi PIF invests in Indian healthtech platform
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Temasek, a global investment company owned by the Singapore government, has committed to investing $500 million in future funds of impact investor LeapFrog Investments. As part of the strategic partnership, Temasek will take a minority stake in LeapFrog and provide growth capital to support its expansion and investment capabilities across Asia and Africa. “We plan to accelerate our investments in India, investing even more capital over the medium term,” Andrew Kuper, founder and CEO of LeapFrog Investments, told Business Standard. “Our team is actively looking for strong purpose-driven companies to invest in be it in insurance, savings, pensions, payments, credit, banking or diverse kinds of health care,” Kuper added.