Indian Funding Deals of the Week [March 26th to April 1st 2012]


Here are the Funding and M&A deals happened in India for the week starting March 26th 2012.



Funding, M&A Deals of the Week [Mar 26th to April 1st 2012] 

Funded Company / Acquired Company Deal Type Who Funded /
Who Acquired
Funding Amount Remarks
Kalki Communication Technologies Private Equity IFC & Global Environment Fund Rs. 23 Crore Not Available
Raining Clouds Technology Pvt. Ltd. Seed Funding Vijay Shekhar Sharma Rs. 1 Crore to develop their Appsurfer App further
 Seed Funding Vishal Gondal Rs. 50 Lakh To develop platform further & market it
Exotel Telecom Pvt. Ltd. Series A Funding Mumbai Angels & Blume Ventures Rs. 2.5 Crore For Tech development & marketing of their cloud telephony platform
 Seed Funding One97, IVP & other individual investors Undisclosed To develop better platform & ramp up engg team.
Linc Pen & Plastics Ltd Minority Stake Mitsubishi Pencil Co. Ltd Rs. 20 Crore (13.5% stake) strategic investement
Proof of Performance Data Services Pvt Ltd Series A Yournest Angel Fund Undisclosed To strengthen its technology platform & Infrastructure
 Minority Stake Salman Khan Undisclosed 5% stake in
Universal Components Majority Stake TVS Group Rs. 100 Crore For general business expansion
Grover Vineyards Merger Vallee de Vin N/A to make joint entity – Grover Zampa Vineyards
Spear Logistics Pvt Ltd Series B Ambit Pragma Ventures Rs. 7 Crore For Business expansion
Enterprise Nube Services Pvt Ltd Series A Accel Partners Rs. 8 Crore N/A
IFMR Rural Channels & Services Series A Lok Capital + 1 Rs. 26 Crore For offering financing in rural locations
Shriram Housing Finance Limited Private Equity Valiant Partners Rs. 170 Crore N/A
E2E Rail Series A VenturEast Proactive Fund and Zephyr Peacock Rs. 30 Crore For General Expansion
Mobimasta Acquisition Affle & D2 Communication N/A To scale up Indian Business
Tulsi Castings and Machining Ltd Private Equity India Venture Advisors Rs. 40 Crore N/A
 Minority Stake Nirvana Venture Advisors N/A 10% Stake

[We are sometimes unable to get the funding amounts, as they are not disclosed. However, we update this sheet when it becomes public. If you are aware of amounts, and they have not been put up in the table, please do get in touch with us.]

You can check out coverage of all the previous Weekly Funding & M&A 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!

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