SiCepat Eyes Massive Pre-IPO Funds
GIC, Singapore's sovereign wealth fund, has reportedly become a shareholder of logistics company SiCepat. A DealStreetAsia source said that GIC realized the investment through Kejora Capital.
Previously, Kejora Capital raised more than S$150 million continuation fund from GIC, which is listed as a single limited partner (LP). Various anonymous sources have revealed that there are at least three startups in Kejora Capital's portfolio, including SiCepat.