Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 12th September.
Funding, M&A Deals of the Week [Sept 12th to Sept 18th 2011]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|inMobi.com||Series C||Softbank Corp||USD 200 Million||To scale up their mobile payments service SmartPay|
|RuralShores||Series B||Lok Capital||USD 3 Million||For generic overall expansion of Business|
|Clues Network Pvt Ltd||Angel Funding||Not Disclosed||Not Disclosed||Source: VCCircle|
|Ujjivan Financial Services Pvt Ltd||Debt Funding||SIDBI & other public /private sector banks||Rs. 100 Crore||For general expansion|
|Karaikal Port Pvt Ltd||Private Equity||Ascent Capital||Rs.200 Crore||For general expansion|
|CloudNucleus||Acquisition||Vembu Technologies||USD 10 Million||To accelerate the development and delivery data protection solutions|
|Oberoi Palm Beach Hotel||Acquisition||Mayfair Group of Hotels||Rs. 10 Crore||For adding Hotel Portfolio|
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!