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Creador buys 30pc stake in Tealive's parent company Loob Holding | Money

KUALA LUMPUR, June 10 Private equity firm Creador Sdn Bhd is acquiring a 30 per cent stake in Loob Holding Sdn Bhd, which owns the Tealive bubble tea brand. In a statement today, Creador founder and chief executive officer (CEO) Brahmal Vasudevan said the firm chose Loob to be its first. ....

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Tealive's parent sells 30% stake to PE firm Creador

The Edge has learnt that Loob Holding Sdn Bhd the holding company of bubble tea brand Tealive has sold a strategic stake of 30% to private equity (PE) firm Creador. According to sources, the price was in the RM260 million range. ....

Kuala Lumpur , Brahmal Vasudevan , Bhd Bfood , Uttama Ltd , Loob Holding Sdn Bhd , Tealive Eats , Bask Bear , Food Bhd , Starbucks Coffee , குவாலா லம்பூர் , உணவு ப்ட் , ஸ்டார்பக்ஸ் கொட்டைவடி நீர் ,

Creador buys 30% stake in Loob, its first F&B investment

PETALING JAYA: Private equity firm Creador has agreed to take a 30% stake in Loob Holding Sdn Bhd, the owner of Tealive. In a joint statement, both co. ....

Malaysia General , Brahmal Vasudevan , Loob Holding , Loob Holding Sdn Bhd , Uttama Limited , மலேசியா ஜநரல் ,

Editor's take: The week that was — May 3-8


Editor’s take: The week that was May 3-8
May 9, 2021
As I curate the list of significant developments that unfolded this week, I’ll begin with the fundraising activity in Southeast Asia. While the number of firms or GPs raising capital has been a tad lower when compared to the other weeks, their commitment goes on to signal how LPs or funds-of-funds are increasingly betting big on prominent themes, keeping consumer trends and the long-term growth story in mind.
Temasek-backed
Big Idea Ventureshit the $50 million final close of its debut alternative protein fund after raising capital from investors such as Le Groupe Bel, the French cheese manufacturer and distributor behind The Laughing Cow; AAK, a Sweden-based global producer of vegetable oil and fats; and Meiji Co, a Japanese food company. ....

Republic Of , Sri Lanka , Thai Nguyen , Jawa Tengah , Nicolas Sauvage , Brahmal Vasudevan , Ronnie Screwvala , Sandeep Naik , Harvard Management Company , Thai Nguyen International Hospital , Meiji Co , Dat Xanh Service , Monde Nissin Corp , Ta Associates , Big Idea Ventureshit , Laughing Cow , Indies Capital Partners , Southeast Asia , Harold Ong , Incorp Global , United Kingdom Based Nordstar Partners , Insignia Ventures , Social Bella , Qiniu Limited , Alibaba Backed Chinese , Sequoia Capital India ,

HealthMetrics And Lapasar Pass Endeavor Malaysia's First Local Selection Panel For 2021


tech
HealthMetrics And Lapasar Pass Endeavor Malaysia s First Local Selection Panel For 2021
The Local Selection Panel is an inaugural event of 2021, during which companies present their businesses to a panel of Endeavor mentors.
By Gowri Chitra
— 30 Apr 2021, 03:38 PM
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High-impact tech scaleups HealthMetrics and Lapasar have successfully passed Endeavor Malaysia’s First Local Selection Panel for 2021, which was held recently
Established in 1997, Endeavor is leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting, mentoring, and accelerating the best high-impact entrepreneurs around the world.
Since launching its operations in Malaysia, Endeavor actively supports 45 companies, collectively generating RM1.4 billion in revenues and 20,000+ in jobs since selection. ....

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