$\"\"$ Russian conglomerate Sistema<\/a> plans to expedite its pace of investment in India start-ups and expects to exhaust its USD 50-million Asia fund by first half of 2017, of which about one-third has been used till date.
\n
\"Sistema Asia Fund (SAF) has been operational for last 9 months now and we have already identified the key areas to focus on. We have made two investments so far. The aim is to close one deal per quarter and look at closing anywhere between 4-6 deals in a year,\" Vsevolod Rozanov<\/a>, Senior Vice-President and Group CFO, Sistema JSFC, told PTI in an interview.
\n
\nSistema JSFC started investment in India in 2008 and is the first private conglomerate from Russia to invest in the Indian telecom sector by acquiring 73.7 percent stake in Shyam Telelink, a fixed-line and CDMA mobile service provider operating in Rajasthan.
\n
\nSubsequently, Sistema joined hands with the Russian Federation and the Shyam Group of India to set up Sistema Shyam TeleServices Ltd (SSTL) in which it invested over USD 4 billion.
\n
\nThe company is now in the process of merging its mobile services business with Reliance Communications, but plans to step up investment in growing Indian start-up eco-system.
\n
\n\"The focus of Asia fund is only India. There is a lot of opportunity that we are seeing here. We expect the first tranche of USD 50 million (Rs 340 crore) to be fully utilised by the first half of next year, post which we will evaluate the situation and allocate more funds for SAF,\" Rozanov said.
\n
\nHe visited Bengaluru last week to meet and identify potential start-ups where the company could invest.
\n
\n\"The Sistema group is in good financial shape at the moment and hence, there is no financial restriction for funding. The group has significantly reduced its debt and significantly increased the dividend flow from its daughter companies. At this stage, we are focusing on technology and consumer Internet segment,\" Rozanov said.
\n
\nSistema is looking to invest in technology and niche consumer-centric segments.
\n
\n\"We will not restrict ourselves from taking a different approach. It will depend on case to case. We have reviewed 45-50 cases so far,\" Rozanov said.
\n
\nThe Russian conglomerate did not have a pleasant regulatory experience in its Indian telecom business, but it has not faced any issue in working with start-ups in the country, he clarified.
\n
\nOn its telecom business merger with RCom, Rozanov said the decision has been taken to benefit both the companies and the process has been smooth.
\n
\n\"The merger is alignment of interest of both the parties. We don't see any issue in the merger. We definitely will stay invested in telecom business. The whole focus is to close the deal,\" Rozanov said.<\/body>","next_sibling":[{"msid":54030662,"title":"Reliance Jio entry a challenge, will match competition in tariff: BSNL","entity_type":"ARTICLE","link":"\/news\/reliance-jio-entry-a-challenge-will-match-competition-in-tariff-bsnl\/54030662","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":54033176,"entity_type":"ARTICLE","title":"Sistema to speed up investments in start-ups, ramp up fund","synopsis":"Sistema JSFC started investment in India in 2008 and is the first private conglomerate from Russia to invest in the Indian telecom sector by acquiring 73.7 percent stake in Shyam Telelink, a fixed-line and CDMA mobile service provider operating in Rajasthan.","titleseo":"telecomnews\/sistema-to-speed-up-investments-in-start-ups-ramp-up-fund","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2016-09-06 19:09:57","lastupd":"2016-09-06 19:11:53","breadcrumbTags":["industry","Sistema","startup","Vsevolod Rozanov"],"secinfo":{"seolocation":"telecomnews\/sistema-to-speed-up-investments-in-start-ups-ramp-up-fund"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2016-09-06" data-index="article_1">

Telecom乐动扑克News

Sistema加快投资初创企业,加大基金

Sistema JSFC于2008年开始在印度的投资和私人企业集团是第一个从俄罗斯投资印度电信业Shyam Telelink收购73.7%的股份,固网和CDMA移动服务提供商操作在拉贾斯坦邦。

PTI

更新2016年9月6日07:11点坚持

俄罗斯企业集团Sistema计划加快在印度投资初创企业的步伐,愿排气其5000万美元的亚洲基金,2017年上半年,其中约三分之一一直使用至今。

“Sistema亚洲基金(SAF)现在已经运行了9个月,我们已经确定了关键领域关注。到目前为止我们已经取得两项投资。每季度的目标是完成一个交易,看看在一年内关闭在4 - 6之间的交易,”Vsevolod Rozanov高级副总裁和集团首席财务官,Sistema JSFC,告诉PTI在接受采访时说。

Sistema JSFC于2008年开始在印度的投资和私人企业集团是第一个从俄罗斯投资印度电信业Shyam Telelink收购73.7%的股份,固网和CDMA移动服务提供商操作在拉贾斯坦邦。

随后,Sistema Shyam集团与俄罗斯联邦和印度建立Sistema Shyam电信业务公司(萨)的投资超过40亿美元。

该公司目前在合并的过程中与信实电信的移动服务业务,但计划在日益加大投资印度的创业生态系统。

“亚洲基金只是印度的焦点。有很多机会,我们看到这里。我们期待第一笔5000万美元(340卢比)充分利用到明年上半年,职位,我们将评估形势和SAF分配更多的资金,”Rozanov说。

他上周访问了班加罗尔,以满足和识别潜在的创业公司可以投资的地方。

“Sistema集团财务状况良好,因此,没有金融资金的限制。该组织已经显著降低其债务和显著增加股息流从女儿的公司。在这个阶段,我们专注于技术和消费者互联网领域,”Rozanov说。

Sistema希望投资于技术和利基市场以消费者为中心的部分。

“我们不会限制自己采取了不同的方法。这将取决于案件情况。我们回顾了45 - 50例迄今为止,”Rozanov说。

俄罗斯企业没有一个愉快的在印度电信业务的监管经验,但它并没有面临任何问题与初创企业在这个国家工作,”他解释道。

在其电信业务合并,RCom Rozanov表示,决定已经做出有利于公司和过程顺利。

“合并双方利益的一致性。我们没有看到任何问题合并。我们将继续投资于电信业务。整个重点是关闭交易,”Rozanov说。

发布于2016年9月6日下午07:09坚持

$\"\"$ Russian conglomerate Sistema<\/a> plans to expedite its pace of investment in India start-ups and expects to exhaust its USD 50-million Asia fund by first half of 2017, of which about one-third has been used till date.
\n
\"Sistema Asia Fund (SAF) has been operational for last 9 months now and we have already identified the key areas to focus on. We have made two investments so far. The aim is to close one deal per quarter and look at closing anywhere between 4-6 deals in a year,\" Vsevolod Rozanov<\/a>, Senior Vice-President and Group CFO, Sistema JSFC, told PTI in an interview.
\n
\nSistema JSFC started investment in India in 2008 and is the first private conglomerate from Russia to invest in the Indian telecom sector by acquiring 73.7 percent stake in Shyam Telelink, a fixed-line and CDMA mobile service provider operating in Rajasthan.
\n
\nSubsequently, Sistema joined hands with the Russian Federation and the Shyam Group of India to set up Sistema Shyam TeleServices Ltd (SSTL) in which it invested over USD 4 billion.
\n
\nThe company is now in the process of merging its mobile services business with Reliance Communications, but plans to step up investment in growing Indian start-up eco-system.
\n
\n\"The focus of Asia fund is only India. There is a lot of opportunity that we are seeing here. We expect the first tranche of USD 50 million (Rs 340 crore) to be fully utilised by the first half of next year, post which we will evaluate the situation and allocate more funds for SAF,\" Rozanov said.
\n
\nHe visited Bengaluru last week to meet and identify potential start-ups where the company could invest.
\n
\n\"The Sistema group is in good financial shape at the moment and hence, there is no financial restriction for funding. The group has significantly reduced its debt and significantly increased the dividend flow from its daughter companies. At this stage, we are focusing on technology and consumer Internet segment,\" Rozanov said.
\n
\nSistema is looking to invest in technology and niche consumer-centric segments.
\n
\n\"We will not restrict ourselves from taking a different approach. It will depend on case to case. We have reviewed 45-50 cases so far,\" Rozanov said.
\n
\nThe Russian conglomerate did not have a pleasant regulatory experience in its Indian telecom business, but it has not faced any issue in working with start-ups in the country, he clarified.
\n
\nOn its telecom business merger with RCom, Rozanov said the decision has been taken to benefit both the companies and the process has been smooth.
\n
\n\"The merger is alignment of interest of both the parties. We don't see any issue in the merger. We definitely will stay invested in telecom business. The whole focus is to close the deal,\" Rozanov said.<\/body>","next_sibling":[{"msid":54030662,"title":"Reliance Jio entry a challenge, will match competition in tariff: BSNL","entity_type":"ARTICLE","link":"\/news\/reliance-jio-entry-a-challenge-will-match-competition-in-tariff-bsnl\/54030662","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":54033176,"entity_type":"ARTICLE","title":"Sistema to speed up investments in start-ups, ramp up fund","synopsis":"Sistema JSFC started investment in India in 2008 and is the first private conglomerate from Russia to invest in the Indian telecom sector by acquiring 73.7 percent stake in Shyam Telelink, a fixed-line and CDMA mobile service provider operating in Rajasthan.","titleseo":"telecomnews\/sistema-to-speed-up-investments-in-start-ups-ramp-up-fund","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2016-09-06 19:09:57","lastupd":"2016-09-06 19:11:53","breadcrumbTags":["industry","Sistema","startup","Vsevolod Rozanov"],"secinfo":{"seolocation":"telecomnews\/sistema-to-speed-up-investments-in-start-ups-ramp-up-fund"}}" data-news_link="//www.iser-br.com/news/sistema-to-speed-up-investments-in-start-ups-ramp-up-fund/54033176">