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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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Snapdeal raises $21m from Luxembourg Clouse SA

Snapdeal raises $21m from Luxembourg Clouse SA

Jasper Infotech Pvt. Ltd., that regulates e-commerce platform Snapdeal, has raised over $21 million as part of its earlier announced funding round from Luxembourg-based firm Clouse SA. As a separate entity, BlackRock Inc. - the mutual-fund investor in Snapdeal has also retained its valuation in the digital marketplace.

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