Articles by Mirzaan Jamwal
Aavishkaar backs Indian ATM outsourcing company EPS
Indian VC firm Aavishkaar has invested another $6 million in Electronic Payments and Services (EPS), after putting $4 million in the company last year.
China mobile gaming: Buy your way
China's online gaming companies are trying to extend their dominance to the growing mobile segment. Cash-rich and often publicly listed, the strategy is inorganic expansion, both at home and abroad
PE firms bid for Fortis' Quality Healthcare - report
The Carlyle Group, Advent International and Mitsui and Co. are among the 10 bidders for Hong Kong’s Quality Healthcare Medical Services, which is being sold by PE-backed Fortis Healthcare.
Blackstone offers $322m for property developer Tysan
The Blackstone Group has offered to buy Hong Kong-listed real estate developer Tysan Holdings for approximately HK$2.5 billion ($322.5 million)
IDFC-backed Green Infra acquires TVS Energy
IDFC Private Equity-backed Indian independent power producer Green Infra (GIL) will buy a 90.46% stake in TVS Energy for an undisclosed amount.
SingTel ups Bharti Telecom stake for $296m
SingTel has acquired an additional 3.62% in India's Bharti Telecom (BTL), which controls leading mobile carrier Bharti Airtel, from Temasek Holdings.
Japan's Globis invests $4.2m in news aggregator
Globis Capital Partners has invested JPY420 million ($4.29 million) in Tokyo-based Gocro, the start-up behind news aggregation app SmartNews.
Creditors to assume control of New Zealand's MediaWorks
MediaWorks Holdings, a new company owned by a consortium of lenders, including Oaktree Capital and TPG Capital, has signed a conditional sale and purchase agreement for the New Zealand broadcaster and its subsidiaries.
Sequoia invests $17m in India's Vini Cosmetics
Sequoia Capital has bought a minority stake in Vini Cosmetics for INR1.1 billion ($17.8 million). The company makes the Fogg range of deodorants and talcum powders White Tone and Jinjola.
Morgan Stanley leads $53m round in India's Janalakshmi MFI
Microfinance lender Janalakshmi Financial Services has raised INR3.25 billion ($52.8 million) in a Series D round of funding led by Morgan Stanley Private Equity Asia.
Avendus picks up stake in India's MT Educare
Avendus Private Equity has bought a 1.2% stake in school and professional college tutorial chain operator MT Educare for INR46.9 million ($ 762,408) in an open market transaction.
General Atlantic appoints new India senior VP
General Atlantic (GA) has appointed Alok C. Misra as senior vice president of the firm’s Resources Group in Mumbai.
Fab raises $5m from Itochu Corp
Online lifestyle store Fab.com has raised $5 million from Japan’s Itochu Corporation, as the two develop a joint venture agreement to bring the company to Japan in 2014.
Bain to sell Domino's Japan for $123m
Bain Capital will sell a 75% stake in Domino’s Pizza Japan (DPJ) to Australia-listed Domino’s Pizza Enterprises (DPE) for JPY12 billion ($123.4 million). The buyer will provide JPY9 billion of new debt funding, implying an enterprise value for the whole...
PE-backed Ratnakar Bank buys part of RBS' India business
Ratnakar Bank will acquire Royal Bank of Scotland's (RBS) Indian credit cards, mortgage and commercial banking portfolios for an undisclosed sum. The small-sized private sector lender has raised around INR10.7 billion ($177 million) from private equity...
Global Infra Partners Explores Brisbane Port Sale – report
Global Infrastructure Partners (GIP) is reported to be exploring the sale of its stake in one of Australia's largest container ports.
Indian VC Aavishkaar closes Fund II at $94m
Aavishkaar Venture Management Services has closed its second fund, Aavishkaar II, at $94 million. Investors include the International Finance Corporation, Cisco, KfW, FMO, CDC Group and Rianta Capital, a London-based family office.
Australian VCs merge to form Square Peg Capital
Early-stage investment fund Square Peg Ventures and Victoria Capital have merged to form the new investment platform, which will work with investors on a deal-by-deal basis.
ASK Pravi invests $9.7m in India's OMNI Hospitals
ASK Pravi Capital Advisors has invested INR600 million ($9.7 million) in the tertiary care OMNI Hospitals chain for a significant minority stake.
Archer cuts fees on buyout fund – report
Archer Capital has reportedly lowered the management fee on its A$1.5 billion ($1.34 billion) fifth fund by 20%.
Northstar buys Singapore's ERA Real Estate in MBO - update
The Northstar Group will buy ERA Real Estate, Singapore’s largest real estate agency, from Hersing Corporation in a deal reportedly worth more than S$100 million ($78.8 million). Jack Chua, former president of ERA, is leading a group of senior executives...
IFC invests in Indian education NBFC
International Finance Corporation will back Avanse Financial Services with $2.3 million to help expand its ability to provide loans to Indian students pursuing higher education.
Australia's RecruitLoop secures seed funding
Australian recruitment marketplace RecruitLoop (RL) has raised $500,000 from Russian firm The Untitled VC, Microsoft executive Todd Forest and a Middle East-based recruiter to fund its expansion in the US.
Q&A: Rocket Internet's Tito Costa
Rocket Internet, which has raised more than $1 billion in funding in the last year, is known for launching copycats of successful sites. Tito Costa, managing director for Southeast Asia, outlines a different strategy for the region