UST Global receives investment from Temasek
UST Global has announced that it has entered into definitive agreements with Temasek. The investment marks a milestone for UST Global, whose technologies and solutions have helped drive rapid digital progression for its clients, as it welcomes Temasek as its first institutional investor.
UST Global caters to technology and innovation requirements of multinational corporations, providing end-to-end solutions including digital customer engagement, data analytics, cloud consulting, product engineering, automation and cybersecurity solutions. By leveraging its industry knowledge and deep longstanding client relationships, the company has built a range of platform solutions across healthcare, cybersecurity, talent management, and automated operations. UST combines internally developed IP and a well-curated list of technology partners to offer best-in-class solutions deployed through its platforms. Avendus Capital and DBS Bank were the financial advisors in this transaction.
Sajan Pillai, CEO, UST Global, says, “As the physical and the digital worlds converge, the current leaders of the physical world seek to adjust to the new digital realities and to new emerging competition. UST is perfectly positioned to provide this digital bridge. The partnership with Temasek will allow us to further our reach so that we can partner our clients in designing their digital impact strategies.”
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