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Page 941

Legend takes part in Anjie

Anjie posted net profit was RMB55.5m on revenue of RMB280m last year, up 15% and 34% from a year earlier respectively.

Dec 26, 2011

Tencent eyes Roboo

China-based media company Tencent, which is backed by Naspers' corporate venturing unit, is reportedly about to invest more than $10m in local mobile search provider Roboo.

Dec 26, 2011

Life eyes its Max stake

In October, Life bought a 26% stake in Max for R5.16bn ($104m) and could add another 24% if the operating performance continues to improve, Max Healthcare CEO Ajay Bakshi told news providerEconomic Times.

Dec 26, 2011

Nexon completes $1.2bn IPO

Nexon sold 90 million shares at Y1300 each in Japan's biggest initial public offering this year co-ordinated by investment banks Nomura, Morgan Stanley and Goldman Sachs.

Dec 26, 2011

Pearson passes Global Education test

Venture capital firm SAIF, in which Cisco was a cornerstone limited partner, invested $25m and $5m on Global Education in 2006 and 2008 respectively.

Dec 26, 2011

Softbank commits to Aussie green

Independent firm Southern Cross Venture Partners will manage the fund, in which the Australian government is also committing A$100m.

Dec 24, 2011

CyberAgent Ventures starts incubator

Startup Base Camp will help about 100 internet-related entrepreneurs with CyberAgent taking a stake in what the company is calling the country's largest incubator.

Dec 24, 2011

Freecultr tries on $4m

Freecultr, an online apparel start-up launched two weeks earlier.

Dec 24, 2011

Tata enters cash Vortex

Alongside Tata through its Innovations Fund in the Vortex Engineering round, which is trying to raise R500m, were repeat backers Aavishkaar, a venture philanthropy firm, Bamboo Finance and Venture East.

Dec 24, 2011

Reliance goes nuclear for TerraPower

In June, TerraPower said it had visited India's Bhabha Atomic Research Centre (BARC) and the Indira Gandhi Centre for Atomic Research (IGCAR) and met with potential investors.

Dec 23, 2011
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