Temasek Holdings, established in 1974 and based in Singapore, is an investment company managing a diversified portfolio valued at approximately S$242 billion. The firm actively invests across various sectors, including telecommunications, media and technology, financial services, transportation, consumer products, real estate, life sciences, and energy. Temasek focuses on long-term investment themes such as transforming economies, growing middle-income populations, deepening comparative advantages, and supporting emerging champions. Its investment strategy encompasses a combination of liquid assets, listed and unlisted equities, and private equity opportunities, with a notable emphasis on mid-stage technology and life sciences investments through its private equity arm, Temasek Capital Management. Furthermore, Temasek aims to be the preferred investor for companies in Singapore and internationally, reflecting its commitment to global investment opportunities.
Managing Director, Investment (Credit and Hybrid Solutions)
Gary Ang
Managing Director, Macro Strategy
Parimal Aswani
Managing Director, Technology
Ravi Balasubramanian
Managing Director, Portfolio Development, New Energy and Industrials
Siddartha Bhattacharjee
Head of Mobility and Logistics and Managing Director of Portfolio Strategy & Risk Group
Eric Bielke
Director
Wendy Chandra
Managing Director, Technology
Yuliang Chang
Managing Director, Investment (China)
Eu Chua
Managing Director, Institutional Relations and Singapore Market
Ranjit Dandekar
Managing Director, Investment
Promit Ghosh
Managing Director
Reena Kanagasingam
Managing Director, Investment (Public Markets)
Ming Pey Lim
Chief of Staff, Executive Office, Deputy Chief Corporate Officer and Managing Director, Strategy Office
Sheau Ming Lim
Director
Paul Liu
Managing Director, Investment (Financial Services), Portfolio Strategy and Risk Group
Anuj Maheshwari
Head, Agri-Food Managing Director, Investment (Middle East and Africa)
Nicolas Meier
Managing Director, Investment (EMEA) and Director
Jingwen Miao
Managing Director, Investment (China)
Suranjan Mukherjee
Managing Director, Cross Asset Macro Portfolio and Joint Head, Public Market Investment Strategies
Jonathan Popper
Managing Director, Portfolio Development Group
Ryan Rakestraw
Director
Parangam Ray
Managing Director, Organisation and People
Pierce Scranton
Managing Director, Institutional Relations and Deputy Head, North America
Shaun Seow
Managing Director, Singapore Market and Head, Community Stewardship
Rohit Sobti
Managing Director, New Energy and Industrials
Jason Sun
Chief Representative, Beijing and Managing Director, Investment (China)
Belinda Tan
Managing Director, Finance (Financial Management)
Man-Keung Tang
Managing Director, Macro Strategy
Sulian Tay
Operating Partner
Alan Thompson
Operating Partner
Karen Toh
Managing Director, Finance (Treasury)
Damien Vacherot
Director
Benoit Valentin
Senior Managing Director EMEA and Head of Private Equity Fund Investments
Rob Williams
Managing Director, Investment (EMEA)
Ye Xu
Managing Director, Investment (China)
Past deals in Retail
COFCO Fortune
Private Equity Round in 2023
COFCO Fortune provides high-quality food to customers through a fully integrated value chain with many well-known retailers and other state-owned enterprises.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
Fabric is developing an on-demand supply chain solution aimed at grocery retailers, enabling them to provide sustainable, one-hour delivery services to their online customers. The company has created Micro-Fulfillment Centers, which are urban, automated fulfillment facilities designed to optimize local distribution while maintaining cost-efficiency. By leveraging advanced robotics and artificial intelligence, Fabric redefines the fulfillment and delivery process in urban settings. This innovative approach addresses the challenges of last-mile delivery, allowing retailers to implement true on-demand services, significantly lower operational costs, and achieve enhanced scalability in their operations.
ShopBack offers a one-stop lifestyle portal that powers smarter purchase decisions for consumers. Today, ShopBack is the dominant player in Southeast Asia’s e-commerce Cashback market, with an established presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, powering over 1,000 orders per hour. ShopBack enhances shopping by providing up to 30% Cashback for consumers to boost their purchasing power while providing cost-effective marketing solutions for merchant partners. With over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack constantly strives to bring a smarter shopping experience to the consumers. In October 2015, ShopBack was awarded the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles. The company was recently awarded the Emerging Enterprise Award in September 2016, jointly organized by The Business Times (Singapore) and OCBC Bank, which recognizes outstanding small and medium enterprises (SMEs) in Singapore.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
Furong Xingsheng, founded in 2009 and based in Changsha, China, operates convenience stores that serve the local community's daily needs. The company has evolved into a community shopping platform known as Xingsheng Youxuan, which was established in 2018. This platform utilizes a hybrid retail model that combines online ordering with offline pick-up, allowing consumers to access a variety of fresh products. The offerings include fresh vegetables, fruits, meat and poultry, seafood, staple foods, seasonings, and other household items. Through its network of convenience stores, Furong Xingsheng aims to provide convenient access to essential goods for consumers in the region.
ShopBack offers a one-stop lifestyle portal that powers smarter purchase decisions for consumers. Today, ShopBack is the dominant player in Southeast Asia’s e-commerce Cashback market, with an established presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, powering over 1,000 orders per hour. ShopBack enhances shopping by providing up to 30% Cashback for consumers to boost their purchasing power while providing cost-effective marketing solutions for merchant partners. With over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack constantly strives to bring a smarter shopping experience to the consumers. In October 2015, ShopBack was awarded the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles. The company was recently awarded the Emerging Enterprise Award in September 2016, jointly organized by The Business Times (Singapore) and OCBC Bank, which recognizes outstanding small and medium enterprises (SMEs) in Singapore.
Fabric is developing an on-demand supply chain solution aimed at grocery retailers, enabling them to provide sustainable, one-hour delivery services to their online customers. The company has created Micro-Fulfillment Centers, which are urban, automated fulfillment facilities designed to optimize local distribution while maintaining cost-efficiency. By leveraging advanced robotics and artificial intelligence, Fabric redefines the fulfillment and delivery process in urban settings. This innovative approach addresses the challenges of last-mile delivery, allowing retailers to implement true on-demand services, significantly lower operational costs, and achieve enhanced scalability in their operations.
Tiki Corporation retails books, electronics, home appliances, gifts, fashion, beauty, and health products. The company also offers phone, digital equipment and accessories, electrical appliances, life house products, beauty and health products, stationery, vehicles, toys and souvenirs, mother and baby sports products, air ticket booking, and international goods. It sells its products through online store. The company was founded in 2010 and is based in Ho Chi Minh City, Vietnam.
LF Logistics is a leading provider of logistics services across the Asia-Pacific region, specializing in supply chain management for various sectors, including fast-moving consumer goods, food and beverage, footwear, apparel, and retail. The company manages a vast network that spans Greater China, ASEAN, Japan, Korea, the Middle East, and the Indian subcontinent, which enhances its ability to navigate the diverse and economically vibrant markets of Asia. With 26 million square feet of operational space and an impressive annual growth rate of 35%, LF Logistics partners with over 400 renowned companies, facilitating the delivery of 100 million units of consumer products daily. The firm ensures that clients' products are efficiently handled from the point of manufacture to the end consumer.
Zilingo Pte Ltd. operates a digital marketplace for fashion, beauty, and lifestyle products, facilitating transactions between sellers and buyers. Founded in 2015 by Ankiti Bose and Dhruv Kapoor, the company is based in Singapore, with additional offices in New York and Los Angeles. Zilingo's platform allows buyers to shop conveniently from various sources, including malls and street markets, while also enabling them to engage with sellers through chat, make payments, and stay updated on global trends. For sellers, Zilingo offers tools to create personalized online stores, access free end-to-end logistics services, and utilize analytics to enhance sales. The company's mission is to democratize the fashion industry by leveraging technology to connect creators and producers, making the market more accessible and transparent for all participants.
Rent the Runway is an e-commerce platform that enables women to rent, subscribe, or purchase designer apparel and accessories. Founded in 2008 and based in New York, the company offers a diverse selection of items including party dresses, gowns, jumpsuits, outerwear, and various accessories such as jewelry and handbags. Rent the Runway has transformed the fashion landscape by promoting the concept of renting over buying, aiming to make fashion more accessible and sustainable. The platform features options for different occasions, including work and special events, and operates through a subscription service, allowing users to access a "closet in the cloud." With partnerships with over 550 designers and a user base exceeding eight million, Rent the Runway employs approximately 1,200 people, with a significant proportion being women and minorities. The company has also established the Rent the Runway Foundation to support female entrepreneurs in their business endeavors.
Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.
Farfetch operates an online luxury fashion retail platform that connects various independent boutiques worldwide. Founded in 2008 by Jose Neves and headquartered in London, the company offers a wide range of products, including bags, coats, dresses, jackets, jewelry, swimwear, trousers, shoes, knitwear, suits, shorts, and accessories for women, men, and children. Farfetch's modular technology platform is designed to meet the complex needs of consumers and luxury sellers, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. Additionally, Farfetch has a dedicated division, Farfetch China, which focuses on enhancing connections within the luxury fashion industry in that market.
Grupo Netshoes operates as a prominent online retailer in Brazil, specializing in sports and lifestyle products. Founded in 2000, the company offers a wide range of items, including athletic shoes, apparel, accessories, and sporting equipment from various international, local, and private brands. The business primarily markets its products under the Netshoes and Zattini brands through several e-commerce platforms, including netshoes.com, shoestock.com, zattini.com, and freelace.com. Over the years, Grupo Netshoes has established itself as one of the largest online sporting goods retailers in Brazil, evolving from its origins in a downtown São Paulo parking lot to a significant player in the e-commerce sector. As of June 2019, it operates as a subsidiary of Magazine Luiza S.A.
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.
Fanatics, Inc. is a leading vertical commerce company specializing in the design, manufacture, distribution, and retail of licensed sports merchandise on a global scale. Founded in 1995 and headquartered in Jacksonville, Florida, with additional offices in San Mateo, California, and Manchester, United Kingdom, Fanatics offers a wide range of sports apparel through its online platforms, mobile applications, and physical stores. The company features an extensive product assortment, including over 120,000 items related to various sports leagues such as the NFL, MLB, NBA, NCAA, NASCAR, and NHL. Fanatics also provides outsourced e-commerce solutions through its TeamFanShop division, which operates the official online stores for numerous prominent sports organizations. This multi-channel approach allows Fanatics to effectively meet the evolving demands of fans and retailers in today's fast-paced, on-demand marketplace.
Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.
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