
US$187.5 million sale of shares in UltraGreen.ai Private Limited to 65 Equity Partners, Vitruvian Partners and August Global Partners

Allen & Gledhill advised Renew Group Private Limited (“RGPL”) on its sale of approximately 14.42% of the ordinary shares in UltraGreen.ai Private Limited to, among others, Anchor VI Pte. Ltd. (“65 Equity Partners”), Verde Taano Pte. Ltd. (“Vitruvian Partners”) and AGP Healthcare Fund VCC (“August Global Partners”), at an equity valuation of US$1.3 billion.
Advising RGPL was Allen & Gledhill Partner Rhys Goh.