Gamnat Pte. Ltd., an affiliate of GIC Singapore, is set to make a PIPE investment of ₹749 crore ($90 million) into Affle (India) Limited.
Resolüt Partners represented Gamnat in this investment deal.
The transaction team consisted of Ruchir Sinha (Managing Partner), Shreyas Bhushan (Partner), Devarshi Paul (Associate) and Shivam Yadav.
GIC is a leading global investment firm established in 1981 to secure Singapore’s financial future. As the manager of Singapore’s foreign reserves, GIC takes a long-term, disciplined approach to investing, and are uniquely positioned across a wide range of asset classes and active strategies globally.
Affle is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations helping marketers to effectively identify, engage, acquire and drive transactions with their potential and existing users.