Indian Funding, M&A deals of the Fortnight [23rd Jan – 4th Feb 2012]


Lets take a look at the funding & M&A deals that in the fortnight starting January 23rd 2012. [Generally, we publish this weekly, but we could not cover it earlier, so we have put up fortnightly deals]


Funding, M&A Deals of the Week [Jan 23rd to Feb 4th 2012]

Funded Company / Acquired Company Deal Type Who Funded /  
Who Acquired
Funding Amount Remarks
Messung Group Acquisition Mitsubishi Electric Corporation Undisclosed to accelerate its industrial automation systems business in India
Super Religare Laboratories Private Equity International Finance Corp. (IFC) USD 30 Million To fuel its inorganic growth
IOT Infrastructure Private Equity UTI Capital Rs. 100 Crore For general expansion
 Series A Accel Partners, SVB, K Ganesh USD 5 Million For expansion of their Jewellery ecommerce platform
 Series A Sequoia Capital India USD 4 Million To expand their ecommerce platform
Netmagic Solutions Acquisition NTT Comm. Corp. USD 128 Million (approx) 74% stake acquired. Strategic investment
Gadhia Solar Private Equity Zephyr Peacock Rs. 50 Crore N/A
Peel-Works Seed Funding Indian Angel Network Rs. 3.25 Crore For general expansion of their cloud platform
InRev Systems Pvt Ltd Series A Kolkata based investor Undisclosed To setup office in India & Sales Unit
SIBHPL Private Equity 3i India USD 61 Million To execute Road projects in hand
eDreams Edusoft Seed Funding Mumbai Angels USD 1 Million For their Technology Edu platform
 Series C Accel Partners, Tiger Global USD 150 Million For expansion of their Ecommerce Platform
Venturenet Partners Pvt Ltd Series A Ojas Ventures Undisclosed to boost their consumer radio services
Sai Security Printers Private Equity Aureos South Asia Fund USD 7 Million For general expansion
Ujjivan Financial Services Private Equity Wolfensohn Capital Partners, FMO & others Rs. 128 Crore N/A
Raamns Shipping & Logistics Majority Stake Oil Field Warehouse & Services Ltd Undisclosed N/A
Apex Drugs and Intermediaries Acquisition Aanjaneya Lifecare Ltd Rs. 250 Crore To become integrated formulation company
Godrej Properties Private Equity GIC Real Estate USD 100 Million To develop project in BKC Mumbai
UTV Software Communications Majority Stake Walt Disney Co. Undisclosed N/A
Openwave Systems, Inc Acquisition Persistent Systems Ltd Undisclosed to foray into mobile location based services
Bush Foods Overseas Private Equity Standard Chartered Private Equity Undisclosed N/A
 Series A Helion Venture Capital and Foundation Capital USD 4 Million To make entry into ecommerce space
Sintex Industries Limited Private Equity Emerging Markets Management USD 3 Million N/A

[We are sometimes unable to get the funding amounts, as they are not disclosed. However, we update this sheet when it becomes public. If you are aware of amounts, and they have not been put up in the table, please do get in touch with us.]

You can check out coverage of all the previous Weekly Funding & M&A 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. Most of the deals which we put up here are published on multiple websites, and we do refer them to provide the accuracy of deal in question. 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!

  1. Ranjan Kotian says

    Hi Arun,
    I follow your Deals of the Week, both M&A and PE deals but last posted deals was till Feb 4th 2102. Is there any problem being faced or have you stopped posting it.

    1. Arun Prabhudesai says

      We had some issues, so did not post it. Infact, we are preparing the list as we speak. It should be up by today evening!

    2. Arun Prabhudesai says

      Also, although it is a simple table, it requires lot of work and effort to collate this data from everywhere and hence it is a time intensive work!

  2. Stocks Tips Intraday says

    All these deals are great but how 2G Scam verdict will hit the Indian economy. i have also heard that Telenor, the company behind Unitech has indicated that they will leave India if government will not take care of the licence policies. It can be a huge loss in terms of FDI.

  3. Mohit Gupta says

    Like this, got the links posted in the FAO Blog at – will be released tomorrow.

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