Temasek, a Singaporean state investor, plans to increase investments in Indian family businesses after a $1 billion investment in a domestic snacks company. Family businesses in India are appealing due to their strong brands and customer loyalty. Temasek has previously invested in family-run businesses like Haldiram’s, Manipal Hospitals, and Dr Agarwal’s Health Care. Temasek aims to partner with more family-owned businesses for long-term value creation. Temasek invested $2 billion to raise its stake in Manipal Hospitals to 59% and plans to invest up to $10 billion in India over the next three years. India remains Temasek’s top-performing market.

Read more at Yahoo Finance.: Temasek eyes more Indian family-run businesses after Haldiram’s deal