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 / Who Acquired |
Funding Amount | Remarks |
| 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!
