Here is a quick round-up of Funding, PE and M&A deals happened in India for the week starting July 16th 2012.
Funding, Private Equity and M&A Deals of the Week [July 16th to July 22nd 2012]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|hashcube.com||Seed Funding||Indian Angel Network, Blume Ventures||Undisclosed||Game promotion and adding new games|
|NewsX||Acquisition||ITV Media||undisclosed||TO increase their channel portfolio|
|June Software||Incubation program||YCombinator||USD 20k + USD 150K*||*in convertible Debt for Taptolearn and Plivo|
|SD Agchem||Acquisition||United Phosphorus||Undisclosed||For expansion in European countries|
|OnContract.com||VC Funding||Unilazer Ventures & FACT Ventures||Undisclosed||For Technology ramp-up|
|Shantani Proteome Analytics Pvt. Ltd.||Seed Funding||India Innovation Fund, Blume Ventures||Undisclosed||To invest in Technology|
|Sindhu Cargo Services / Sunlog Services||Private Equity||SG Holdings Company Limited||USD 17 Million||Strategic Investment|
|Web Development Company||Acquisition||ManpowerGroup||Undisclosed||Acquired remaining 26% stake in WDC|
|Future Ventures India Limited||Private Equity||BNP Paribas||USD 12 Million||To increase its stake in the company|
|SitaGita.Com||Acquisition||Accentium Web Private Limited||Undisclosed||Strategic Investment|
|Indus Teqsite||Private Equity||Oman India Investment Fund||USD 10 Million||For general Business expansion|
|Gujarat Pipavav||Debt Funding||IFC||USD 170 Million||For expansion of its facilities|
|Aryaka.com||Series C (VC funding)||InterWest Partners, Presidio Ventures, Sumitomo Corp, Nexus Venture Partners, Trinity Ventures and Mohr Davidow Ventures||USD 25 Million||For global expansion|
[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!