Fullerton Financial Holdings Pte, a subsidiary of Singapore’s Temasek Holdings, has made an additional $100-million equity investment in its Indian non-banking finance unit, Fullerton India Credit Co, according to an announcement Monday.
The equity capital infusion comes as International Financial Corporation (IFC), a member of the World Bank Group, also proposed a $100-million debt funding to Fullerton India, an MSE-focused non-banking financial company headquartered in Mumbai.
