Indian Funding, M&A deals of the week [5th – 11th Sept 2011]
Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 5th September.
Funding, M&A Deals of the Week [Sept 5th to Sept 11th 2011]
Funded Company / Acquired Company | Deal Type | Who Funded / Who Acquired |
Funding Amount | Remarks |
Meritnation.com | Series B | InfoEdge India Ltd. | USD 4.5 Million | For general expansion purposes |
Zomato.com | Series B | InfoEdge India Ltd. | USD 3 Million | For general expansion purposes |
Shriram Credit Ltd. | Private Equity | Leapfrog – USA | USD 15 Million | to finance the expansion of it’s subsidiaries. |
Polama.com | Angel Funding | Blume Ventures | Undisclosed | to build operations, customer service and marketing. |
Soma Group | Private Equity | J.P. Morgan Asset Management | USD 110 Million | To execute large Roads projects at hand. |
SMS Paryavaran | Private Equity | Aditya Birla Capital Advisors | USD 8.89 Million | N/A |
Shree Maheshwar Hydel Power Corporation | Private Equity | Infrastructure India Plc. (IIP) | USD 27 Million | investment in first private sector hydro project |
Pipavav Defence & Offshore Engineering | Private Equity | Rakesh Jhunjhunwala | USD 18.2 Million | N/A |
Bandhan Financial Services Pvt Ltd | Private Equity | International Finance Corporation (IFC) | USD 30 Million | For general expansion |
You can check out coverage of all the previous 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!