Note:We generally publish this feature every Sunday, but we were undergoing some maintenance and hence it has been published today.
Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 8th August.
Funding, M&A Deals of the Week [Aug 15th to Aug 21st 2011]
Funded Company / Acquired Company | Deal Type | Who Funded / Who Acquired |
Funding Amount | Remarks |
Yournextleap.com | Series A | Nirvana Venture Advisors | Not Disclosed | to reach out to more students and scaling their web infrastructure. |
Onward Mobility | Series B | IndoUS Venture Partners and Qualcomm Ventures | Rs. 18 crore | to expand product offering, retail distribution and for hiring |
Mahindra Solar One | Private Equity | IFC | USD 11 Million | to invest in photovoltaic project in Rajasthan. Source: Dealcurry |
Manpasand Beverages | Private Equity | SAIF Partners India | USD 10 Million | For general expansion & growth Source: VCCircle |
Civil-Aid Technoclinic | Acquisition | Bureau Veritas SA | Not Disclosed | For expansion in India. Source: VCCircle |
Cignex Global Holding Corp. | Majority Stake | Datamatics Global Solutions | Not Disclosed | to increase its global footprint |
Last week witnessed relatively lower deals as compared to previous weeks. You can check out coverage of all the 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. 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!