Latest Breaking News On - Brahmal vasudevan - Page 15 : vimarsana.com

Two promising Malaysian startups get a helping hand by Endeavor

Tech Advent: SEA, our series highlighting Southeast Asian tech innovations, products, inventions, discoveries, startups, & personalities. Stay updated with the latest in Tech, Science, Culture, Entertainment, and more by following our Telegram channel here. Dream big. Scale up. Pay it forward. This is the motto of Endeavor, a leading global high-impact entrepreneurship movement that aims to drive economic growth and job creation by selecting, mentoring, and accelerating the best high-impact entrepreneurs from around the world. Staying true to its motto, the New York-based movement that has presence in 37 growth markets across the globe recently gave two Malaysian startups a huge boost.

Brahmal vasudevanMichael chanFadzaruddin anuarAdlin yusmanThinesh kumarScaleup endeavor programMalaysia first local selection panelSoutheast asianNew york basedEndeavor malaysiaFirst local selection panelPizza hut malaysiaLoi liang tokMedia prima omnia executive directorFashionvalet co founderAlvin yuan

Editor s take: The week that was — April 5-10

We start with the much-anticipated deal between Indonesia’s two most valuable startups. Gojek and Tokopedia have sought approval from their respective shareholders to seal a merger deal after both companies’ boards gave the green light for the transaction. Once shareholder approval is obtained, the two companies will move to complete the transaction in a matter of weeks. A deal between super app Gojek, valued at $10.5 billion, and e-commerce unicorn Tokopedia, valued at $7.5 billion, would be by far the largest M&A deal ever to be seen in Indonesia’s tech sector. Another Indonesian unicorn, Bridgetown Holdings Ltd, a SPAC backed by billionaires

New yorkUnited statesRepublic ofNew york stock exchangeIndia generalBrahmal vasudevanRosaline chow kooKunal shahPeter thielRichard liYork stock exchangePvt ltdHoldings ltdUnited overseas bankCarlyle groupSoftbank vision fund

Malaysia s Creador targets to hit $600m in first close of fifth fund by July

Malaysia s Creador targets to hit $600m in first close of fifth fund by July
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Brahmal vasudevan

ChrysCap to buy 30% in Corona Remedies for Rs 670 crore

ChrysCap to buy 30% in Corona Remedies for Rs 670 crore SECTIONS Share Synopsis ChrysCap has signed a deal to acquire 20% stake from PE firm Creador, which is an existing investor, and another 10% from promoters, two people aware of the development said. The announcement is due in a couple of days. Reuters Homegrown private equity fund ChrysCapital will invest about Rs 670 crore ($90 million) to acquire about 30% stake in Ahmedabad-based drug manufacturer Corona Remedies. ChrysCap has signed a deal to acquire 20% stake from PE firm Creador, which is an existing investor, and another 10% from promoters, two people aware of the development said. The announcement is due in a couple of days.

Andhra pradeshBrahmal vasudevanChandra pharmalabIntas pharmaJb chemicals pharmaceuticals for rsAdvent internationalSpark capitalKuala lumpur based creadorCorona remediesActive pharmaceutical ingredientsMankind pharmaEris lifesciencesSequent scientificMinority stakeAbbott indiaஆந்திரா பிரதேஷ்

Newsbreak: Two foreign PE funds move to front of the line for purchase of Jaya Grocer

US-based Carlyle Group and Luxembourg-based CVC Capital Partners are believed to be the front runners in the race to acquire Trendcell Sdn Bhd, the owner and operator of high-end supermarket chain Jaya Grocer, say sources, after outbidding at least two other offers. It is learnt that the two private equity firms are negotiating to buy a part of, a majority, or the entire supermarket business of Trendcell, which rang up RM1.32 billion in sales in 2020, for as much as RM1.1 billion. The sale, if successful, will mark the exit of Asean Industrial Growth Fund (AIGF), which purchased a 45% stake in Trendcell in May 2016 for a reported RM300 million. Businessman Teng Yew Huat is the other major shareholder of Trendcell.

Kuala lumpurUnited statesCayman islandsPetaling jayaDavid lee tsengTimbang perkasaCharles tseng chia chunTimbang perkasa sdn bhdShafie shamsuddinBenjamin yong kwet yueBrahmal vasudevanJalan sentulKhor geik meiDaniel yong teck seongZaidaton akmah yeopTrendcell sdn bhd