Here is a quick round-up of Funding, PE and M&A deals happened in India for the week starting June 18th 2012.
Funding, Private Equity and M&A Deals of the Week [June 18th to June 24th 2012]
|Funded Company / Acquired Company||Deal Type||Who Funded /
|Elixir Consulting||49% stake acquisition||Gi Group||USD 18 million||For expansion in Indian market|
|Empire Aviation||Private Equity||Air Works India||USD 22 million||N/A|
|Educomp Solutions Limited||ECBs, Private Equity||IFC, Proparco, Mount Kellett||USD 50 Million||To strengthen the balance sheet|
|Mycity4kids.com||Angel investment||YourNest Angel Fund||undisclosed||For general expansion|
|Jeeves Consumer Services Pvt. Ltd.||Series A||Seedfund||undisclosed||N/A|
|Nepal Shalimar Pvt. Ltd.||68% stake Acquisition||Nerolac Paints Limited||USD 1.4 Million||To expand in new markets|
|Grameen Financial Services||Debt Funding||ResponsAbility Social Investments AG||USD 4.5 Million||N/A|
|Infostack Solutions Pte Ltd||Acquisition||Blue Star Infotech Limited||Undisclosed||For expansion in Singapore Market|
|Indus Tree Crafts Private Limited||Private Equity||GBI Master Fund||USD 200k||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!