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Equity Bottom-Up

<ul>
<li>Temasek-Backed 65 Equity Partners bought 13% stake in Tuya, implying a total investment of US$100 million (or S$134M). </li>
<li>The fund’s mandate is to support high-growth, mid-cap companies seeking a listing on the Singapore Exchange (SGX).</li>
<li>The listing will benefit Tuya by providing easy access to capital. Tuya will be able to use stock as a currency to fund its expansion plans in Southeast Asia.</li>
</ul>


Temasek-Backed 65 Equity Partners bought 13% stake in Tuya, implying a total investment of US$100 million (or S$134M). 
The fund’s mandate is to support high-growth, mid-cap companies seeking a listing on the Singapore Exchange (SGX).
The listing will benefit Tuya by providing easy access to capital. Tuya will be able to use stock as a currency to fund its expansion plans in Southeast Asia.


Tuya Inc - Growth Trajectory to Accelerate Following 13% Stake Purchase by 65 Equity Partners