Indian Funding, PE, M&A Deals of the Week [June 25th to July 1st 2012]

Here is a quick round-up of Funding, PE and M&A deals happened in India for the week starting June 25^th 2012.

Funding, Private Equity and M&A Deals of the Week [June 25^th to July 1^st 2012]

Funded Company / Acquired Company	Deal Type	Who Funded / Who Acquired	Funding Amount	Remarks
OneAssist Consumer Solutions Pvt. Ltd	VC Funding	Sequoia Capital, Lightspeed Ventures	USD 3.5 Million	For general Business expansion purposes
Stemcor	Private Equity	IL&FS, Indostar Capital, Tata Capital, Birla Finance, IFCI & consortium	USD 164 Million	For its iron ore projects in Odisha
Kingfisher Airlines	Private Equity	LKP Finance	USD 29 million	For funds infusion in its Airline Business
Cloudbyte Technologies	VC Funding	Nexus Venture Partners, Kae Capital	USD 2.1 Million	For R&D and Sales activities
PoshVine.com	Seed Funding	MyFirstCheque	Undisclosed	For Business expansion
Pinpuff.com	acquisition	Science Inc.	Undisclosed	Strategic Acquisition
mginger.com	acquisition	ValueFirst.com	Undisclosed	Strategic Acquisition
Comp U Learn Tech India Ltd	acquisition	HT Media	USD 365,000	Strategic acquisition
Nokia Indian Mobile Payment Services	acquisition	FINO	Undisclosed	To form a new entity – Takatak money
The Mauka	Seed funding	North Alley India Ltd	Undisclosed	To expand its web platform for colleges & corporates
Justdial	VC Funding	Sequoia Capital, SAP Ventures	USD 60 Million	For inorganic business expansion upgrading technology, expanding R&D processes
Kremoint Pharma Private Limited	Majority stake	GVS Pharma	Undisclosed	To boost manufacturing & pharma exports
Orchid Chemicals	Private Equity	Goldman Sachs	USD 1.6 Million	N/A
Manipal Global Education Service	Debt Funding	Standard Chartered Bank	USD 110 Million	For Debt settlement and expansion plans
Reverse Logistics Company Private Limited	VC Funding	Vertex Venture Holding, KPCB and Sherpalo Ventures	Undisclosed	For business expansion
Annapurna Microfinance Pvt Ltd	Private Equity	Rural Impulse Fund	USD 2.4 Million	N/A

[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!