
Tandem Capital to launch India mobile VC fund
Silicon Valley-based Tandem Capital, which focuses on the mobile sector, is launching an India-focused fund that plans to invest in 20 startups in the country over the next year. Aarin Capital’s Ranjan Pai and T V Mohandas Pai will be partners in the fund. The fund size has not yet been disclosed.
According to the Times of India, Tandem will add more partners in India soon. The firm has been providing day-to-day operational and strategic support to develop mobile startups since 2011. It makes...
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.