Temasek’s portfolio value may receive lift from IPO-bound Indian assets this year

FILE PHOTO - A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

Many portfolio companies of Temasek Holdings from India are set to go public in the near future, which may give a boost to the overall portfolio value of the Singapore state investment firm this year.

Temasek announced on Tuesday that its portfolio value grew 24.5% year-on-year to S$381 billion (around $283 billion) in the year ended March 2021, on the back of the public listings of many of its investees — Airbnb, Doordash, and Roblox— in the period.

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