Anchor Capital Investments Ltd. Makes First India

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Anchor Capital Investments Ltd. Makes First India Investment -- Acquiring Up to $5MM of Earth Roam Pvt. Ltd., a Delhi Based Telecom

NEW YORK and SYDNEY, Australia and DELHI, India, Dec. 16, 2014 (GLOBE NEWSWIRE) -- Anchor Capital Investments Ltd. (NSX:ACI) and Earth Roam Pvt. Ltd. yesterday announced Anchor to make initial investment up to USD$5 million acquiring Earth Roam. Anchor to raise investment funds by issuing additional securities within 4 months — price to be determined. Future investments also to be determined.

India, world's largest democracy and 2nd most populace country with over 1.2 billion people — 17.5% of global population — yet only the 10th largest GDP is viewed by many (NPR, Huffington Post, CBS News, others) as the "Land of Opportunity." This investment is inline with Anchor's stated mission of generating wealth through value priced growth companies.

"Entering India with desirable fundamentals of minimized risk yet strong growth potential excites me. This investment signals our view of Earth Roam as a green-light for investment — when consummated it will have greatly increased access to capital and capital markets," said N.A. Mogul, Anchor Capital Investments' President, based in New York.

Competing in 4 sectors and seeking presence in all of India's tier 1 and 2 cities, Earth Roam's strategic edge is innovative R&D — $30 million budget over 36 months. Their largest business targets the 1,000,000+ seafaring telecom users of some of the world's largest most renowned shipping companies.

Mr. Vikas Pandey, Earth Roam's Managing Director, stated, "While sailing I desired affordable international roaming so I launched Earth Roam SIM, the low-cost, most cost-effective, high-quality hassle-free solution for international maritime travelers."

They also cater to the 15 million+ individual travelers from India seeking significant share within 36 months. Additionally, they are finalizing discussions to assist one of India's largest conglomerates deploying policies similar to theirs where they actively educate and develop India's youth.

Kapil Malhotra of Anchor Capital Investments, "This won't be our last India Investment."

Zohra Mogul, a key Anchor investment analyst said, "A good standard for those that follow."

About Anchor Capital Investments Ltd. ( http://anchorcapitalinvestments.com )

Anchor Capital Investments Ltd. engages in discovering and investing in value priced growth companies around the world in markets with strong fundamentals. Anchor enhances portfolio company access to capital and capital markets. The Anchor Group operates from Hong Kong with executive presence in New York and Sydney.

About Earth Roam Pvt. Ltd. ( https://earthroam.in )

Earth Roam is a Delhi, India based telecommunications company providing convergent telecommunication services through four business lines the largest of which is the telecommunication products and services offered in the shipping sector.

Cautionary Statement

Certain statements contained in this press release are "forward looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and actual results may differ materially from those forecasted.

Anchor Capital Investments Jerry Ziegler or Earth Roam Vikas Pandey, Managing Director

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Abbott Shines in Q3 2026 with Strong Sales and EPS

Updated Category News Views 6

Q3 2026: Abbott's Strategic Moves Pay Off When companies start tossing around terms like 'strong third-quarter results,' ears perk up—especially mine. Abbott (NYSE: ABT) gave us something to chew on with their Q3 2026 earnings, flexing a solid 14.5% reported sales growth. Hey, let’s not forget about the substantial comparable sales growth of 7.0%. They’re waving...

Continue Reading
Coles Teams Up with Coveo to Boost Online Grocery Shopping

Updated Category News Views 3

Coles and Coveo: A Tech Partnership Worth Watching Buckle up, folks, because Coles Group Limited has chosen Coveo, the hotshot in AI-relevance, to revamp the online shopping landscape for its grocery business. Let's break down why this matters for both the grocery shopper hustling between work and carbs and the savvy investor eyeing the digital retail frontier. Enhancing...

Continue Reading
TeamLogic IT Celebrates Franchise Triumphs at Summit

Updated Category News Views 4

A Vibrant Gathering of IT Luminaries In a bustling corner of Mission Viejo, California, TeamLogic IT brought together its hive of tech-savvy franchisees and industry bigwigs for the annual Owners Summit. For the tech crowd, this wasn't just another rundown hotel conference — it was a vibrant celebration and brainstorming bonanza, all wrapped into one energizing week....

Continue Reading
Anrok Integrates AI for Seamless Tax Management Efficiency

Updated Category News Views 5

Streamlining Tax Management with AI Integration You know, managing tax data can be as thrilling as watching paint dry, but Anrok's latest move might just shake the dullness out of it. San Francisco's own Anrok has rolled out their Anrok MCP, a game-changer that's putting tax management into the fast lane. This isn't just about tossing out the old tax data headaches, it's...

Continue Reading
OUTFRONT Media Gears Up for Q3 2026 Earnings Reveal

Updated Category News Views 5

OUTFRONT Media’s Earnings Drumroll Heading toward that red-letter date of November 5, OUTFRONT Media (NYSE: OUT) has got its ducks in a row. They're ready to spill the beans on third-quarter numbers after close of market—just as clocks hit 4:30 p.m. Eastern. It’s showtime, folks. What’s at Stake? We're talking OUTFRONT Media—one of the big kahunas in out-of-home...

Continue Reading
From Samhain to Spooktacular: Ireland's Halloween Origins

Updated Category News Views 7

Tracing Halloween's Roots: A Journey to Ireland The chill in the air can only mean one thing—Halloween is creeping up on us. But amid all the plastic pumpkins and supermarket candy, have you ever stopped to wonder where it all began? Well, folks, lace up your boots because Ireland is calling, and it's got more than a pot of gold at the end of this rainbow. No, the real...

Continue Reading
Monkee's of Loudoun Opens to Cheers and Elegance

Updated Category News Views 5

Bringing Southern Charm to Loudoun We've all seen those places where people parade in with snooty airs and pricetags that could feed a family for a week, but this one feels different. Monkee’s of Loudoun isn’t just rolling in the racks of high fashion — it’s bringing the allure of the South with a sprinkle of luxury and empathy. This franchise is no amateur,...

Continue Reading
Century Communities' Bold Move in Southwest Fresno

Updated Category News Views 7

A Fresh Start in an Overlooked Market Century Communities just kicked the dust off Southwest Fresno, a spot that was almost forgotten by big developers. With their grand opening of Traditions at West Creek Village, they’re not just building homes; they’re igniting a local rejuvenation. This place hasn’t seen a major residential development push like this in ages,...

Continue Reading
Clarivate Taps Global Appetite for AI Research Tools

Updated Category News Views 0

A Growing Global Thirst for AI-Enhanced Research It looks like the folks at Clarivate have struck a chord. Their Web of Science Research Intelligence platform is garnering attention across the globe, embraced by more than 100 institutions spanning 25 countries. When you craft something that taps into a core need, well, people will jump on it—and that's exactly what's...

Continue Reading
Unpacking The Roundtable: Legacies and Expectations

Updated Category News Views 6

Legacies, Stardom, and Stirring Conversations The Roundtable, eh? A gathering of some big names from different worlds pulling back the curtain on expectations and legacy. You've got WWE powerhouses Cody Rhodes and Charlotte Flair huddled together with actor O'Shea Jackson Jr. to cook up some thought-provoking dialogue. It's a gig set up by Jacob Heyman under the banner of...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Birkenstock's Growth Potential and Market Strategy

Updated Category News Views 225

BTIG's Positive Outlook on Birkenstock BTIG has recently initiated coverage of Birkenstock Holding plc (NYSE: BIRK), assigning it a Buy rating along with a price target of $60. This comes off the back of the company's remarkable growth potential and a solid financial profile. Investors are particularly drawn to Birkenstock for its rich brand legacy combined with promising...

Continue Reading
ATEX Resources Ups Its Financing Deal to C$96 Million For Growth

Updated Category News Views 182

ATEX Resources Expands Financing Deal to C$96 Million ATEX Resources Inc. (TSXV: ATX; OTCQB: ATXRF) has announced an increase in its previously stated bought deal financing due to overwhelming demand. The new financing structure has reached a total of approximately C$96 million, aiming to support the ongoing exploration and advancement of its Valeriano Project in Chile....

Continue Reading
Zapp EV Launches i300 at Selfridges Through Smartech Partnership

Updated Category News Views 113

Zapp EV Showcases i300 at Selfridges London Zapp Electric Vehicles Group Limited (OTCQB: ZAPPF) is forging ahead with exciting developments in the realm of urban mobility. Recently, the company announced a new partnership with Smartech Retail Group, a leader in experiential retail situated within Selfridges London. This collaboration shines a spotlight on the Zapp i300...

Continue Reading
Ellington Financial Reports Estimated Book Value of Common Stock

Updated Category News Views 157

Ellington Financial Updates Estimated Book Value Ellington Financial Inc. (NYSE: EFC) has recently announced an estimated book value per share of common stock, reported at $13.52. This valuation as of the end of the year is particularly noteworthy for stakeholders tracking the performance of the company's assets. Dividends and Shareholder Impact The estimated book value...

Continue Reading
Smart Windows Market Set to Increase by $3.80B Amid Innovation

Updated Category News Views 145

Smart Windows Market Set for Significant Growth The global smart windows market is making headlines with projections estimating a remarkable growth of USD 3.80 billion from 2024 to 2028. This astounding development is largely attributed to the surge in residential construction and the growing influence of artificial intelligence in this innovative sector. With a compound...

Continue Reading