Search Results for:Joji Thomas Philip
Joji Thomas Philip is the founder and editor-in-chief at DEALSTREETASIA. He is passionate about news and views, and believes this venture, his first stint at entrepreneurship, can make a difference, in the new media landscape that is emerging in this region.
After moving to Singapore in mid-2013, he has been Mint, India’s best business daily and a Wall Street Journal partnered publication. Joji enhanced his business journalism skills during a seven-year stint ending June 2013 with The Economic Times, where he reported on communications and telecoms, and was a senior-assistant editor, as well as the newspaper’s youngest vertical head.
Before The Economic Times, Joji covered telecoms and defence for Business Standard and he began his career as a city reporter with The New Indian Express in India.
When he is not working, or even when working, he enjoys tracking a wide range of sports, especially European soccer across different leagues, and is among the legion of long suffering Liverpool fans.
A passionate motorcyclist, but Singapore’s rules has forced Joji to spend most of his time at DEALSTREETASIA’s office, often dreaming of his past rides to Tibet, the Himalayas and Bhutan.
Venture debt as a percentage of venture capital in Southeast Asia is still low at approximately 5%, compared to 10-15% in more developed ecosystems.
The VC firm had initially intended to raise $250 million. It has already invested in 12 companies including AImotive, Bright.md, Capital Match, CXA, Evidation Health, Icertis, INTURN, Lanetix, Mswipe, Ninja Van and SilverCloud Health.
Singtel invests $412m more in Bharti Telecom, raises effective stake in India’s largest carrier to 39.5%
This marks the second time in under two years that Singtel has increased its holding in Bharti Telecom, thus raising its effective stake in India’s largest carrier. In August 2016, Singtel had increased its holding in the telco’s parent Bharti Telecom by 7.39% for around $659 million.
Malaysia-headquartered COPE Private Equity (that was earlier known as CMS Opus Private Equity) Monday said it had fully exited Serba Dinamik Holdings Berhad (Serba), after staying invested in the company for four years. COPE had invested in a subsidiary of Serba for MYR35 mil (US$9 million) in June 2013 via… Read more »
2018-19 will see a strong cohort of startups in India as companies learn from past mistakes: GREE Ventures
“We’ll be more tech oriented, we’ll be solving real problems, and we’ll be solving local problems. All of this due to our learnings from past mistakes… I see more companies targeting the mass consumer and, more importantly, with stronger business fundamentals coming up in the next couple of years,” Nikhil Kapur, Principal, GREE Ventures, said.
Early investors in consumer startups have secured good exits and returns, prompting several funds to enter the space they had traditionally ignored, says Shahdadpuri.
The first fund, GLP Europe Income Partners I comprises a US$2.0 billion portfolio of Gazeley’s operating assets, and the second,
GLP Europe Development Partners is a development venture expected to reach US$2.0 billion when fully leveraged and invested.
This is the US-headquartered PE’s firm’s first fund that is dedicated to financial services.
IFC’s VC lead for the region Pravan Malhotra says SE Asia still lags behind in deal flows compared with China and India.
Singapore-listed Artivision Technologies has agreed to buy local fintech firm MC Payment for a minimum of S$80 million ($59 million), the companies announced, in what will be amongst the largest exits amongst startups in this space in the city-state. Following the announcement, the Artivision stock surged on the SGX on… Read more »