Temasek
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Background
From 6 stories, the newest dated 4 Oct 2026. Summary written 10 Oct 2026.
Temasek is an investor that has backed Indian companies in packaged food, medical devices and airports, according to reports from 2024 to 2026. [1] source: Business Standard[2] source: Business Standard[3] source: The Hindu BusinessLine[4] source: Mint
Show 2 more paragraphs and 6 sources
Reuters reported in March 2025 that Temasek agreed to acquire nearly 10 per cent of Haldiram's snacks business for approximately $1 billion. [5] source: Business Standard Haldiram's was said to have sold 6 per cent for $600 million to IHC and Alpha Wave Global after agreeing to sell 9 per cent to Temasek at a $10 billion valuation. [2] source: Business Standard A May 2024 report said a Bain Capital-Temasek consortium made a non-binding offer valuing Haldiram's at $8-8.5 billion. [1] source: Business Standard In September 2026, Adani Airport Holdings raised $1 billion from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds. [3] source: The Hindu BusinessLine The ₹9,825 crore raise valued Adani Airports at $18 billion pre-money and involved a 5.54% stake. [6] source: IndianWeb2 Mint reported in September 2026 that Romsons secured strategic investment from Temasek, described in earlier reports as a ₹1,500 crore (about $170 million) minority stake. [4] source: Mint
Alpha Wave Global, Premji Invest and BlackRock-managed funds invested alongside Temasek in Adani Airport Holdings. [3] source: The Hindu BusinessLine Blackstone had bid for a 20 per cent stake in Haldiram's snacks business at a lower valuation. [5] source: Business Standard
Sources
Questions about Temasek
What is Temasek's current strategy in India?
Temasek agreed in March 2025 to acquire nearly 10 per cent of Haldiram's snacks business for approximately $1 billion,[5] source: Business Standard joined the $1 billion Adani Airport Holdings raise in September 2026,[3] source: The Hindu BusinessLine and secured strategic investment in Romsons in September 2026.[4] source: Mint
Stories that mention Temasek
14 stories
Temasek is named in these stories but is not their subject.
- Adani Airports plans $1bn equity raise to scale airport retail and mixed-use hubs
- Singapore Airlines seeks stronger safeguards before fresh Air India funding
- Temasek emerges as sole contender for $100m Blue Tokai stake, Mint reports
- Air India nears ₹100bn in conditional funding from Tata Sons and Singapore Airlines
- Temasek backs SIA’s long-term Air India investment as carrier seeks fresh capital
- Shiprocket lists 35% above IPO price after ₹1,617 crore issue draws 99x demand
- Milky Mist hits 10% upper circuit after 17.9% listing premium
- TPG, Temasek sell 12.64% in Dr Agarwals Health Care for ₹2,008 crore
- Milky Mist’s ₹1,553 crore IPO reaches 84% subscription on day two
- Milky Mist raises ₹465 crore from anchor investors ahead of IPO
- Shiprocket cuts IPO size 31% as early investors eye gains of up to 78x
- Shiprocket targets ₹7,057 crore valuation after trimming IPO to ₹1,617 crore
- TPG, Permira lead race for Cloudnine stake at ₹11,000 crore valuation
- Milky Mist readies ₹1,553 crore IPO for early August