Warburg Pincus Invest $32Mn in NVP Backed Quikr
Quikr Mauritius - the holding company of Quikr India has raised $32 Mn led by Warburg Pincus and existing investors Matrix Partners India, Norwest Venture Partners and eBay Inc in its fifth round of funding.
Last May, it raised $8 Mn from Nokia Growth Partners, Norwest Venture Partners and eBay Inc in it's fourth round of funding. Earlier in March'10, it raised $6Mn from Norwest Venture Partners, Omidyar Network, Matrix Partners India and eBay Inc.
DEBT
Videocon Raises $51Mn Through GDR Issue
Videocon Industries Limited has raised $51.02Mn through a GDR issue. The GDR represents 15,750,000 equity share at a price of $3.2395 per GDR equivalent to R174 per equity share.
Private Equity
Ambit Pragma Raises $77Mn For It's Second Fund
Ambit Pragma Fund II has raised $77Mn for it's second fund from CDC, IFC, Unilever and DEG. The total size of the fund is $150Mn. CDC and IFC anchored the new fund.
Mergers & Acquisitions
Wipro Looking For Overseas Acquisitions In Cloud Computing, Analytics Space
Wipro is looking to invest $1Bn in overseas acquisitions over the next 18 months.
Venture Capital
Ladderup Finance Invests In JustRechargeIt
JRI Technologies Private Limited, which operates justrechargeit.com has raised fund from Ladderup Finance and consortium investors for 25% stake in the company.
Private Equity
Everstone Capital Acquires Majority Stake In Helion Backed R&R Salons
Everstone Capital has acquired majority stake in Bangalore based R&R Salons Private Limited, operator of the YLG salon chain.
Mergers & Acquisitions
Fairfax Financial Acquires Thomas Cook's India Unit
Canada based property and casualty insurer - Fairfax Financial Holdings is acquiring Thomas Cook Group Plc's 77% stake in its India operations for about $150Mn through it's unit, Fairbridge Capital.
Mergers & Acquisitions
PE Backed Augere To Sell 4G Spectrum, Quit India Operations
Augere Limited is planning to sell its 4G spectrum in two states and to quit Indian operations, because it has been unable to raise funds because of regulatory uncertainty.
Venture Capital
Accel, Helion Invests In Taxi Booking Portal - TaxiForSure
Serendipity Infolabs Private Limited, which runs the online taxi booking site TaxiForSure.com, has raised venture capital funding from Accel Partners, Helion Venture Partners and Blume Ventures.
| May 21, 2012 | ||
Healthkart Acquires Health Nutrition E-store Madeinhealth.com |
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| May 16, 2012 | ||
Piramal Healthcare Acquires Decision Resources Group |
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| May 17, 2012 | ||
Car Rental Firm Carzonrent Acquires QCABS |
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| May 18, 2012 | ||
Panchshil Realty Buys Back IREO, Merrill Lynch's Stake In Three Projects |
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| May 17, 2012 | ||
GMR Infra Raises R200Cr From ICICI |
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| Dealforwards |  |
DealCurry Presents IIT-Madras Report
