Articles by Mirzaan Jamwal
India's IVFA backs ISS Hicare buyout
India Value Fund Advisors (IVFA) has partnered with Hicare founder A. Mahendran to acquire the pest control company from Danish multinational ISS Global. The deal, including primary growth capital, is worth INR2.5 billion ($39.7 million) and is expected...
Ventureast leads $3m round in med-tech startup
OneBreath, which makes low-cost portable ventilators, has raised $3 million from the Ventureast Tenet Fund, Villgro, former OnMobile COO Rajiv Kuchhal and BVR Mohan Reddy, founder of Infotech Enterprises, among other investors.
LP interview: Axiom Asia
Axiom Asia has followed a consistent approach in backing small to mid-market country funds in the Asia Pacific region. Chihtsung Lam, the firm’s co-founder and managing partner, explains the strategy
Vertex backs FirstCry's O2O e-commerce push
Indian baby and kids-focused e-commerce site FirstCry.com was not the first mover in its segment when it launched in 2010. Kalaari Capital-backed HushBabies and Babyoye, an Accel Partners and Tiger Global portfolio company, were among those already operating...
Primavera supports $1.9b Shanda Games take-private
Primavera Capital is supporting a buyout of NASDAQ-listed Chinese online game developer and operator Shanda Games that values the company at $1.9 billion. The PE firm is backing controlling shareholder Shanda Interactive Entertainment in the deal.
PricePanda gets $3m from Tengelmann for SE Asia expansion
Rocket Internet’s price comparison platform, PricePanda, has raised $3 million from German retailer Tengelmann Group to expand its Southeast Asia footprint. It currently operates in Malaysia, Philippines, Indonesia and Singapore.
Blume Ventures leads seed round for India's Turtle Yogi
Blume Ventures has led a seed round of funding for Bangalore-based Turtle Yogi Technologies, which runs cloud-based video calling service 1Click.io. Chennai Angels member R. Narayanan and Shead Holdings are also investors in the round.
China's Alibaba Group makes $15 million investment in 1stdibs
Alibaba Group has backed New York-based luxury e-commerce site 1stdibs with a $15 million Series C investment.
Indian digital education firm iProf raises $9 million
DMG Information, a division of the UK’s Daily Mail and General Trust, has led a $9 million Series B round of funding in Indian digital education firm iProf. Existing investors Norwest Venture Partners and IDG Ventures also participated.
Nexus backs digital security firm Uniken
Nexus Venture Partners has invested a reported INR300 million ($4.8 million) in US enterprise security firm Uniken, which has its innovation center in India.
Arun Nanda appointed as 3i India chairman
The UK-based 3i Group has appointed Arun Nanda as non-executive chairman of its Indian operations.
Vertex, IDG, SAIF invest $15m in India's FirstCry
Temasek Holdings subsidiary Vertex Venture Management has led a $15 million Series C round of funding in Brainbees Solutions, which runs Indian baby and kids focused e-commerce site FirstCry.com. Existing investors IDG Ventures India and SAIF Partners...
Helion, Accel invest a further $1m in MySmartPrice
Helion Venture Partners and Accel Partners have invested $1 million in a Series A round for Indian price comparison website Mysmartprice as the company expands its product categories offering.
Bitcoin: VC firms eye Asia opportunities
Bitcoin’s emergence as a currency in Asia has attracted mixed reactions from regulators. For VC investors there is a chance to disrupt the exisitng payment hierarchy, but they must also work with it
Everstone-Realterm JV closes second IndoSpace Logistics fund at $330m
Indian industrial real estate and warehousing facilities developer IndoSpace, has closed its second fund at $330 million, exceeding its target size at $300 million. IndoSpace is a joint venture between the Everstone Group and Canada-based Realterm Global....
EQT reaches $1.4b close on mid-market fund
EQT Partners has reached a final close of EUR1.1 billion ($1.48 billion) on its EQT Mid Market fund, which will focus on middle market buyouts and growth equity investments in Greater China, Southeast Asia and Northern Europe.
Nalanda ups stake in Lovable Lingerie
Singapore-based Nalanda Capital has bought a further 3.73% stake in listed Indian undergarment maker Lovable Lingerie, taking its total holding to 8.79%.
Inventus closes Fund II at $106m
Inventus Capital Partners has reached a final close on its second fund at $106 million, exceeding the $100 million target.
Mayfield raises at least $86m for India fund
Mayfield has raised at least $86 million for its second India fund, which was launched a year ago.
IDG, IvyCap back India's FieldEZ Technologies
Bangalore-based FieldEZ Technologies has raised a first round of funding from IDG Ventures and IvyCap Ventures. The amount invested in the workforce management software company was not disclosed.
Corruption an opportunity for SE Asia dealmakers
While corruption is pervasive in emerging markets, GPs in Southeast Asia have found ways to profit from the imperfections.
Technology Crossover Ventures leads Series B for Australia's Siteminder
Australian hotel booking start-up SiteMinder has raised $30 million in funding led by Palo Alto-based Technology Crossover Ventures (TCV).
Helion backs India language localization firm
Pune-based LinguaNext has raised a Series A round of funding from Helion Venture Partners to expand its international business. Financial terms of the deal were not disclosed.
India Awards: Exit of the Year – Apollo Hospitals
When Apax Partners first invested in Apollo Hospitals Enterprise, in 2007, “healthcare was a relatively undiscovered space for PE in India, even for the public markets for that matter,” says Shashank Singh, who heads the PE firm’s India office.