Singapore-headquartered state investment firm Temasek Holdings is ready to strengthen its Indian commitments through sector-focused investment platforms.
Rohit Sipahimalani, joint head, India, Temasek Holdings, said, “We are exploring various options for India investments, similar to the real estate and healthcare platforms we have invested in.”
Sipahimalani explained that these investments through the platforms are meant for the long-term — 10-15 years — and the firm is not looking to exit in four-five years, unlike individual PE investments.
He added, “These platforms will be looked after by our dedicated Singapore team who will be involved in operations and grow it to next level. Under these platforms, business will grow organically as well as inorganically, where we consider all buyout opportunities.”
Sipahimalani said Temasek is bullish on the consumption theme in India and its focus is sub-divided into many other areas such as healthcare services, food, QSR, financial services, and digital payments.
At present, Temasek is looking at investing 4% of total net portfolio value of $10 Bn in India. On an average, Temasek invested about $1 Bn per year in the country over the last five years.