Technology, Venture Capital, Private Equity

Perspectives from an Indian VC

Archive for January, 2008

Sub prime ruminations (Part 2)

Posted by Arun Uday on January 15, 2008

Discovered how hard it is to get back to writing after a long break. Hence, the second part of the post on this topic comes after a while. However, developments in the past week have provided the ideal backdrop for this piece. Tata’s launch of the “world’s cheapest car”, Nano and Citigroup and Merrill Lynch hinting at taking larger subprime writeoffs and selling stakes to Middle Eastern and Chinese investors to bail them out of their crises are in my view, not just one off phenomena, but a pointer to a larger reality that is currently unfolding, which is – the shift in the world’s epicenter of economic activity away from the US. Read the rest of this entry »

Posted in economics, economy, finance, sub prime | Leave a Comment »

HSBC Private Equity invests in Newgen

Posted by Arun Uday on January 8, 2008

Announcing our first investment of 2008 (though it was actually consummated some time back). We have invested USD 7.5 million in Newgen Software Technologies Limited, a New Delhi headquartered software product company. Newgen makes Business Process Management (BPM) and imaging solutions related software and is by far the market leader in the domestic market and other emerging markets such as APAC and MEA. It is especially strong in the BFSI space and  having established a beachhead, it is now looking to aggressively expand into other markets and domains. Incidentally, both our investments so far – Trivitron and Newgen play on the theme that I have blogged about earlier about emerging markets being a good testing ground for developing disruptive technolgies. Which means that, nobody can accuse me of not putting my money where my mouth is. 😉

Posted in HSBC, HSBC Private Equity | Tagged: , | Leave a Comment »

New year greetings!

Posted by Arun Uday on January 1, 2008

Wish everyone a happy 2008!

Was on an extended year end vacation and will now be resuming my regular blogging.

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