Here are the Funding, PE and M&A deals happened in India for the week starting May 7th 2012.
Funding, Private Equity and M&A Deals of the week [May 7th to May 13th 2012]
| Funded Company / Acquired Company | Deal Type | Who Funded / Who Acquired |
Funding Amount | Remarks |
| ProKlean technologies Pvt. Ltd. | Angel Funding | Chennai Angels | USD 500k | manufacturing expansion & reach expansion |
| Magzter Inc. | Series A | IndoUS Venture Partners | Undisclosed | To expand its footprint in other countries |
| cbazaar.com | Series A | Inventus Capital Partners & Ojas Venture Partners | USD 3.5 Million | For general Business Expansion |
| stylishyou.in | Acquisition | Yebhi.com | Undisclosed | Strategic deal for expansion in Jewellery |
| PriceGrabber.com, LowerMyBills.com and ClassesUSA.com | Acquisition | Ybrant Digital Ltd | USD 175 Million | To expand their product platform |
| Parampara Foods | Acquisition | General Mills USA | USD 12 Million | To increase their product portfolio |
| Firepro Systems Pvt. Ltd | Majority Stake* | Panasonic | Undisclosed | * 76% stake |
| Giftcart.com | Angel Funding | TekCorp | USD 1 Million | To strengthen development, marketing & Supply Chain |
| Radiant Hospitality Services Pvt Ltd | Acquisition | OCS Systems | USD 5.5 Million | N/A |
| BASIX Krishi Samruddhi Ltd | Private Equity | Acumen Fund | USD 2 Million | For creating Pan-India branches |
| Limberlink Technologies Pvt. Ltd. | Series A | Accel Partners | USD 2 million | N/A |
| ICRA Techno Analytics Limited | Acquisition | ICRA Techno Analytics Limited | Undisclosed | N/A |
| People Matters Media Private Limited | Series A | HR Fund | USD 750k | For general Business Expansion |
| Talentube.com | Angel Funding | consortium of investors | USD 12 Million | To built largest talent community in India |
| MVR Infrastructure & Tollways Pvt Ltd | Acquisition | IRB Infrastructure Developers | USD 26 Million* | * approx |
| Moolchand Healthcare | Private Equity | Sequoia Capital | USD 20 Million | To fund its business expansion plans |
[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!
