Gafisa Soars on Report Alphaville Deal Imminent

Gafisa Soars on Report Alphaville Deal Imminent

Bloomberg 30 May 2013 Gafisa SA (GFSA3), the Brazilian homebuilder, rallied the most in two weeks as the newspaper Valor Economico reported that it may sell its Alphaville unit in early June. The shares jumped 3 percent to 4.10 reais at 3:19 p.m. in Sao Paulo after...
Health drink company pumped up for listing

Health drink company pumped up for listing

The Standard 29 May 2013 Tiandi Yihao Beverage Co is expected to raise as much as HK$1.8 billion through an initial public offering in Hong Kong to fund capacity expansion. The Guangdong-based firm is the mainland’s largest maker of apple vinegar – a sweet...
Bain Capital eyes Latin America private equity fund

Bain Capital eyes Latin America private equity fund

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...
Tandem Capital launches India fund for mobile startups

Tandem Capital launches India fund for mobile startups

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...
Bangalore-based eDreams Edusoft raises $2M

Bangalore-based eDreams Edusoft raises $2M

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...