Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 1st November.
Funding, M&A Deals of the Week [Nov 1st 2011 to Nov 6th 2011]
Funded Company / Acquired Company | Deal Type | Who Funded / Who Acquired |
Funding Amount | Remarks |
Valyoo Technologies | Series A | IDG Ventures India | USD 4 Million | To add more brands, marketing and training personnel |
Omnicon | Majority Stake | Omnicom | Not Disclosed | N/A |
Hoopos.com | Series A | Helion Venture Partners | Not Disclosed | For general expansion of the Ecommerce Platform |
Moveo Systems | Acquisition | IBS Software | Not Disclosed | To strengthen Airport Ops business |
Jivox.com | Series B | Fortisure Ventures, Helion Advisors, Opus Capital | USD 8.2 Million | For general expansion and to support adoption of its platform |
Premier Power Equipments | Acquisition | Briggs & Stratton Corporation | USD 3 Million | to expand into developing markets like India |
Goa Energy | Acquisition | Sesa Goa | USD 11 Million | For general expansion |
Savannah Hotels | Majority Stake | Sinclair Hotels | Not Disclosed | N/A |
Rymsa Telecom | Acquisition | Kavveri Telecom | Not Disclosed | To enhance broadband antenna product line |
Mobile Motion (mobstac) | Series A | Accel Partners, Mumbai Angels | Not Disclosed | To build their new touchsite platform |
GTI Capital | Private Equity | Equity International | USD 75 Million | To develop hotels across India |
SMS Chemical Co Ltd | Acquisition | Kiri Industries | USD 68.5 Million | To expand in Taiwan |
Like the Diwali week, even this week saw a large number (5) of Acquisition. 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!