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Mergers & Acquisitions | 15 May 2012

Simplex Infrastructures Acquires Joy Mining Services

by Sushil Surana
Simplex Infrastructures Acquires Joy Mining Services
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Simplex Infrastructures Ltd. acquires 100% stake in Joy Mining Services India Private Ltd.

With this acquisition Simplex Infrastructure Ltd will expand its underground mining of coal and other minerals in India.

Genpact Acquires Ventureast Backed Atyati Technologies

Genpact Acquires Ventureast Backed Atyati Technologies

Genpact is acquiring Bangalore based Atyati Technologies, a technology platform provider for the rural banking sector in India. The deal is expected to close in 3-4 weeks, subject to satisfaction of certain customary conditions. Terms of the deal were not disclosed. According to the ...

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Druva raises $51m from Sequoia, EDBI and others

Druva raises $51m from Sequoia, EDBI and others

Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.

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