The firm is particularly looking at those with differentiated technology, especially if it's scalable, says its MD Marc Dragon.

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Growthwell plans to use the funding to expand its alternative protein product range, among others.

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The fund will support initiatives that respond to community needs in Singapore amidst virus outbreak.

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The $100 million Series C round was co-led by Breakthrough Energy Ventures and Temasek

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The deal would value the company at close to Rs 4,300 crore, a premium of about 15% to its previous round of funding which valued the company at over Rs 3,700 crore, according to filings from ministry of corporate affairs sources by TOI.

The company issued a response following “chatter based on an Asian talk show commentary,” it said.

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