Key Takeaways
- • Colliers has appointed Tammy Tang as chief executive officer for Mainland China and Hong Kong, with CK Lau named chairman for the two markets, both effective January 1, 2027.
- • Tata Capital Growth Fund (TCGF) appointed Aviral Jain as a partner in its third fund, Tata Capital Growth Fund III, where he will lead investments from sourcing through exits; the firm did not disclose the amount raised.
- • Fireside Ventures co-founder and partner Vinay Singh is leaving the consumer-focused venture firm after nearly a decade to explore agentic commerce.
- • Fireside Ventures manages four funds with total assets under management of Rs 5,300 crore ($650 million), and its departure of a co-founder adds to a run of senior exits from VC firms.
Summary
Tata Capital Growth Fund has appointed Aviral Jain as a partner in its third fund, Tata Capital Growth Fund III, per an announcement. Jain has nearly two decades of experience investing in and managing institutional portfolios across private and public markets. He will lead investments across sectors, from sourcing and execution to exits. Pramod Ahuja, Co-Head & Partner at TCGF, said Jain joins a "proven, stable, and highly functioning team" aligned with the firm's core philosophy. The firm said it has scaled up the fund and is close to its target, but did not disclose the amount raised.
Fireside Ventures co-founder and partner Vinay Singh is set to leave the firm after nearly a decade. Singh was part of the team that built the consumer-focused venture capital firm, founded in 2017. In a press statement, he said he wants to spend more time on agentic commerce and its implications for consumption as AI reshapes commerce. Fireside manages four funds with total assets under management of Rs 5,300 crore ($650 million). The firm is led by founder and managing partner Kanwaljit Singh, co-founders and partners Kannan Sitaram and Dipanjan Basu, and partner Adarsh Menon. The article notes Singh's departure is another senior exit from venture capital firms over the past few years.
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