May 31, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, May 29 (Reuters) – Russia’s Tinkoff Credit Systems (TCS), which has Wall Street bank Goldman Sachs as a backer, is talking to banks ahead of a possible initial public offering (IPO), sources said on Wednesday. The credit card supplier, founded and...
May 31, 2013 | Latin America, News
Reuters 30 May 2013 Bain Capital LLC is contemplating a Latin America-focused investment fund in the next three to five years, one of its managing directors said on Wednesday, making it the latest private equity firm to consider such a move. Buyout firms such as...
May 31, 2013 | Central & Eastern Europe, News, Russia
May 31 (Reuters) – PIK Group, one of Russia’s largest home builders, said on Friday it would raise $275 million through a share issue to reduce debt and fund investments. The company, in which Suleiman Kerimov’s investment vehicle Nafta Moskva owns a...
May 30, 2013 | India, News, South & Central Asia
VC Circle 29 May 2013 There were reports that Tandem Capital was launching a $75-100M early stage fund called The Habit Fund. Tandem Capital, a Silicon Valley-based mobile startup accelerator co-founded by India-born Sunil Bhargava, has launched an India-focussed...
May 30, 2013 | India, News, South & Central Asia
VC Circle 30 May 2013 The funds from Inventus Capital Partners and Mumbai Angels will be primarily used to expand the company’s reach across the country. eDreams Edusoft Pvt Ltd, a Bangalore-based technology product startup focused on the education industry, has...
May 30, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW, May 29 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG and Russia’s VTB Capital, is talking to banks about a possible London listing which could raise at least $1 billion, sources familiar with the matter...