Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 3rd October.
Funding, M&A Deals of the Week [Oct 3rd 2011 to Oct 9th 2011]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|Loylty Rewardz||Series B Funding||Canaan Partners||USD 4.4 Million||to build their technology platform|
|EdServ Softsystems||Stake acquisition||Dainik Bhasker||Rs. 15 Crore||Advertisement Barter|
Zenith Managed Services Business Unit
|Private Equity||Summit Partners||Not Disclosed||N/A|
|MyDala.com||Series B Funding||Info Edge Pvt. Ltd.||Rs. 18 Crore||to scale up marketing activities and geographic expansion|
|Affle||Series B Funding||D2 Communications Inc.||Rs. 50 Crore||To consolidate product development efforts|
|Electrotherm Ltd.||Private Equity||ICICI Venture Funds||USD 18.6 Million||For general expansion purposes|
|Resonance Eduventures Pvt Ltd||Private Equity||CLSA Capital Partners||USD 21.8 million||For increasing penetration and footprint of Coaching.|
|Indiagames.com||Acquisition||Walt Disney Company||USD 80 – 100 Million||N/A|
|Way2Wealth||Private Equity||KKR & Co||USD 30 Million||To strengthen their equity financing business|
|Market Xcel Data Matrix||Stake acquisition||Nomura Research Institute||Not Available||To increase research footprint in India|
|Klar Sehen Pvt Ltd.||Acquistion||Vivimed||Not Disclosed||N/A|
|Ensearch Petroleum Pvt Ltd||Acquistion||Sahara Group||Not Disclosed||N/A|
|Cigniti Inc||Acquistion||Chakkilam Infotech||Rs. 10.44 Crore||To expand its footprint in the US market and set up Test Centers|
|Saankhya Labs, Testing Czars, Financial Inclusion Networks and Operations, What’s On India, enStage and Duron Energy||multiple investments||Intel Capital||USD 20 Million||N/A|
|Craftsvilla.com||Early Stage Funding||Nexus Venture Partners and Lightspeed Venture Partners||N/A||For growing their ecommerce platform|
You can check out coverage of all the previous Weekly Funding deals round-up here.
Note: Even though we try our best to bring you all the funding / M&A deals of the week, there are always ones which go un-reported. If you know of the any that we have not covered, please let us know and we will be more than happy to add it to the list!