[Note: We are slightly delayed in this week’s update – but hey, its better to publish late, than not putting it up at all…isn’t it!]
Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 14thNovember.
Funding, M&A Deals of the Week [Nov 14th 2011 to Nov 20th 2011]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|Salorix Inc||Series A||Inventus Capital Partners / Nexus Venture Partners.||USD 3.5 Million||to advance technology development & offering SM solutions|
|Veta Academy||Private Equity||Triumphant Institute of Management Education Pvt Ltd||Rs. 60 Crore||For Overall Expansion|
|Alphion India Pvt Ltd||Private Equity||Aditya Birla Capital Advisors||Rs. 95 Crore||for expansion of their FTTP solutions|
|Fashionandyou.com||Series B||Norwest Venture Partners / Intel Capital||USD 40 Million||General expansion of their ecommerce platform|
|Suvidhaa Infoserve Pvt Ltd||Series C||Japanese conglomerate Mitsui & Co Ltd||USD 12 Million||to enhance its technology platform, broaden consumer service offerings & market presence|
|Ozone Overseas Pvt Ltd||Private Equity||Everstone Capital Partners II||USD 60 Cr.||To expand their manufacturing abilities|
|Happiest Minds Technologies Pvt Ltd||Series A||Canaan Partners / Intel Capital||USD 45 Million||N/A|
|TELiBrahma||Series C||Intel Capital||Not Disclosed||N/A|
|Favre Leuba Brand||Acquisition||Titan Industries Ltd||Rs 14 crore||For trademark and Branding|
|Andhra Cement||Acquisition||Jaypee Group||Rs. 235 crore||N/A|
|Grexit.com||Series A||Citrix / Vijay Shekhar Sharma||Not Disclosed||For product development purposes|
|Dexetra||Series A||One97 Mobility Fund||Not Disclosed||For furthering dev on its mobile search product|
|istream.com||Series A||SAIF Partners||USD 5 Million||For general expansion|
|Azure Power India Pvt Ltd||Private Equity||DEG Germany||USD 13.6 Million||For future expansion plans|
|SEED Infotech Ltd||Private Equity||Ashmore Alchemy India||Rs. 33 Crore||For retail expansion and creating in-house capabilities|
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. Most of the deals which we put up here are published on multiple websites, and we do refer them to provide the accuracy of deal in question. 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!