Page 45 - Temasek News Today

In a challenging year for investors, Bloomberg News surveyed executives at major investment firms to uncover their strategies for 2024.

The unicorn, which also counts Tata Digital as an investor, is realigning its business strategy to transition into an offline-heavy gym company, departing from its previous identity as a tech-enabled fitness startup.

Fitness firm Cult.fit has laid off 100 to 120 employees as part of a cost-cutting exercise, people in the know told ET. The firms parent entity, Curefit Healthcare, also runs other brands like Sugar.fit and Carefit, and is backed by the likes of Tata Digital and food-delivery major Zomato.

/PRNewswire/ -- Immutable, the leading web3 gaming platform and ecosystem, is partnering with mobile gaming studio, Endless Clouds. This collaboration will see...

One of Curefit Healthcare's mainstays, Cult.fit, is now making some calculated decisions in the often changing fitness industry. Most recently, it reorganized its staff. By making this deliberate change, operations will be more efficient, productivity will increase, and by the fiscal year 2025, full profitability will be achieved.

“Even when I’m working, I’m actually spending time with one of the most important people in my life."

/PRNewswire/ -- Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28, today celebrated the first...

Food delivery platform Zomato has seen large sovereign investors from jurisdictions such as Kuwait and Singapore raising their stakes in the company. While Kuwait Investment Authority bought 88 million shares in Zomato in the September quarter, Singapore government bought 95 million shares in the company in the December quarter.

Indian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is still challenging for Indian companies to win these contracts, there is a more positive attitude towards Indian-heritage suppliers.

Temasek-backed farm warehousing company StarAgri managed to ride the COVID storm with the help of technology-based solutions. This helped the company stabilise operations in 2021-22 ......