Here is a quick round-up of Funding, PE and M&A deals happened in India for the week starting June 11th 2012.
Funding, Private Equity and M&A Deals of the Week [June 11th to June 17th 2012]
| Funded Company / Acquired Company | Deal Type | Who Funded / Who Acquired |
Funding Amount | Remarks |
| Raykal Aluminium | Minority Stake* | Vedanta Resources | USD 36.5 Million | strategic acquisition (* 24.5% stake) |
| Komli Media | Series D | Norwest Venture Partners, Western Technology Investment, Nexus Venture Partners, Helion Venture Partners and DFJ | USD 39 Million | To develop its tech further and to expand its presence in Asia Pacific Region |
| Harsa IT Solutions Private Limited | Acquisition | Omnesys Technologies Private Limited | Undisclosed | to provide end-to-end solutions to broking community |
| Super Religare Laboratories | Private Equity | NYLIM Jacob Ballas, IFC | USD 67 Million | to improve market share and create sector leadership |
| New York Plaza Hotel | Acquisition | Sahara Group | USD 570 Million | N/A |
| Hungama Digital Services Private Limited | Majority Stake | JWT Singapore | Undisclosed | For global expansion |
| Narang Connect | Majority Stake* | Suntory Beverage & Food Pte Ltd | Undisclosed | To enter India’s Non-Alcoholic beverage market (* 51% stake) |
| Phoenix International | Private Equity | Zicom Electronic Security Systems Limited | Undisclosed | To expand its operations in Indian |
| United Spirits | Private Equity | Credit Suisse | USD 11.5 Million | N/A |
| Saija Finance | Series A | ACCION International and Pragati India Fund | USD 4.5 million | To expand its branches and client acquisition |
| Multi Screen Media Private Ltd | Private Equity | Sony Pictures Televisions | USD 271 Million | acquisition of 32% stake |
| Your Kids ‘R’ Our Kids Education Pvt Ltd | Series B Funding | Kaizen Management Advisors | USD 3.7 Million | For pan-india expansion of its centers |
| Azure Sun Energy | Loan Funding | IFC | USD 4.6 Million | For its solar power project in Gujarat |
| Delhivery | Minority Stake | Times Internet | Undisclosed | For delivery service of Indiatimes shopping |
| Gokaldas Intimatewear Pvt Ltd | Private Equity | India Alternatives Investment Advisors | USD 3.5 Million | N/A |
| Bestylish.com & freecultr.com | Minority Stake | ru-Net Russia | Undisclosed | 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!
