Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 24thOctober.
Funding, M&A Deals of the Week [Oct 24th 2011 to Oct 31st 2011]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|IRIS Unified Technologies Ltd||Acquisition||
|Not Disclosed||To leverage the potential of the Indian market|
|Wirkle Inc.||Acquisition||Location Labs||Not Disclosed||To build next gen mobile personal safety & security services|
|Valyoo Technologies Pvt. Ltd||Series A||IDG Ventures India||USD 4 Million||For general expansion of their 3 ecomm platforms|
|F1 Team Lotus||Private Equity||Gaurav Burman||USD 10 Million||N/A|
|KPIT Cummins financial services software business||Acquisition||Infrasoft Technologies||Not Disclosed||To increase their presence in Financial Domain|
|TCNS Clothing Company||Private Equity||Matrix Partners||Rs. 60 Crore||To launch brands in international markets|
|Mahalakshmi Smelters Pvt Ltd||Acquisition||Indsil Hydro Power and Manganese Limited||Not Disclosed||For general expansion|
|TKH Plastics||Acquisition||Aptar Group||USD 18 Million||For expanding in Indian Market|
|Cerebrata||Acquisition||Red Gate Software||Not Disclosed||For general expansion|
|ETA Engineering||Acquisition||Vikram Logistics||USD 14.42 Million||to complete the construction of the two Freightstar container terminals|
Looks like the Diwali Week was big on Acquisition, which saw atleast 8 acquisition announcements. 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!