Investments
2Portfolio Exits
1Latest Tanncam News
Sep 3, 2018
Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, and Cambodian investment holding company Tanncam, have invested for the second time in Indian healthcare startup Netmeds . As reported by Techiexperts , they have just participated (with undisclosed contribution) in a $35 million Series C round which also involved Daun Penh Cambodia Group (DPCG). The Netmeds online marketplace makes a wide range of health, fitness and lifestyle related products available across India. It was founded by Indian entrepreneur Pradeep Dadha in 2010. Sistema Asia Fund and Tanncam had already put $14 million in the startup less than a year ago, as reported by East-West Digital News. Among the earlier investors in the startup were investment bank MAPE and OrbiMed Asia, along with Pradeep Dadha and his family. Sistema Asia Fund targets essentially startups operating in the technology and niche consumer retail segments in India and Southeast Asia. The fund has established its headquarters in Singapore and an office in India. Since its inception in early 2016 , Sistema Asia Fund has invested in several Indian startups, including (non exhaustively):
Tanncam Investments
2 Investments
Tanncam has made 2 investments. Their latest investment was in Netmeds Marketplace as part of their Series C on September 9, 2018.
Tanncam Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/4/2018 | Series C | Netmeds Marketplace | $35M | No | 1 | |
10/31/2017 | Unattributed VC |
Date | 9/4/2018 | 10/31/2017 |
|---|---|---|
Round | Series C | Unattributed VC |
Company | Netmeds Marketplace | |
Amount | $35M | |
New? | No | |
Co-Investors | ||
Sources | 1 |
Tanncam Portfolio Exits
1 Portfolio Exit
Tanncam has 1 portfolio exit. Their latest portfolio exit was Netmeds Marketplace on August 18, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/18/2020 | Corporate Majority | 10 |
Date | 8/18/2020 |
|---|---|
Exit | Corporate Majority |
Companies | |
Valuation | |
Acquirer | |
Sources | 10 |
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