Temasek Holdings Pte is nearing a deal to acquire a substantial minority stake in VFS Global, valuing the visa outsourcing and technology services company at approximately $7 billion, including debt. The Singapore state-owned investor is expected to purchase about 20% of VFS Global, which is currently controlled by US alternative asset manager Blackstone Inc. The deal, which could be announced as…
Bain Capital, the global private investment firm, is set to significantly increase its investments in India, aiming to double its exposure over the next three years. Pawan Singh, Partner at Bain Capital Advisors India, revealed that the firm plans to focus on larger investments, often exceeding $500 million, in the rapidly growing Indian market.
Since launching operations in India in 2008, Bain…
