India Digest: Temasek may inject $100m in Ascent; DST, Hillhouse eye PhonePe

An employee walks past a sign for Temasek Holdings Pte at the company's offices in Singapore. Photographer: Munshi Ahmed/Bloomberg

Singapore state investment firm Temasek is close to injecting $100 million in Ascent Health and Wellness while investors including DST Global and China’s Hillhouse Capital are looking to invest in PhonePe.

Temasek may inject $100m in Ascent Health

Singapore state investment firm Temasek is close to investing $100 million in Ascent Health and Wellness, which would value the Mumbai-based startup at about $650-700 million, The Economic Times reported.

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