GIC
Coverage of GIC in the Nexus archive.
- SBI Funds IPO Anchor Book 20 Times Subscribed; Draws Capital Group, BlackRock, Goldman, ADIA, GIC
SBI Funds' IPO anchor book was subscribed 20 times, attracting major investors including Capital Group, BlackRock, Goldman Sachs, ADIA, and GIC.
- Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
Notion is adopting a restrained design strategy for its AI features, integrating them subtly into existing workflows rather than prominent interfaces. The company introduced AI capabilities in 2023, including summarization, translation, and personal agents, while maintaining its minimalist philosophy. Notion now has over 100 million users, $500 million in annual revenue, and recently secured a $270 million investment led by GIC, valuing it at $11 billion.
- Ramp hits $44 billion valuation as companies look to rein in AI spending
Ramp has reached a $44 billion valuation as companies look to rein in AI spending. The latest funding round was led by ICONIQ, GIC, and the Ontario Teachers' Pension Plan.
- Itausa, GIC and Equipav Said to Create Group to Bid for Copasa
Itausa, GIC, and Equipav have formed a group to submit a bid for Copasa, a water and sanitation company operating in Brazil. The consortium aims to acquire the company that serves the Belo Horizonte region.