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Venture Capital

Amagi Media Raises Funds From Mayfield Fund, Existing Investors

Bangalore based Spot-Ad firm – Amagi Media has raised about R30 Cr from Mayfield Fund and existing investors Nadathur Investments and Ojas Venture Partners, Iamwire states.

By Ahemad Shaikh | 17 June 2013

Venture Capital

PeopleStrong Raises Funds From HDFC, Lumis Partners

HDFC Holdings and Lumis Partners have made investment in PeopleStrong, HR outsourcing and technology company, BS states.The funds raised will be used to strengthen the company’s Asia operations, to upgrade technology and the account management verticals.

By Ahemad Shaikh | 13 June 2013

Private Equity

Blackstone May Invest In Business Parks In Mumbai

The Blackstone group is planning to buy a Business Park in Mumbai for about R10 Bn, as stated in ET.

By Ahemad Shaikh | 5 June 2013

Mergers & Acquisitions

OnMobile Global Acquires Livewire Mobile

OnMobile Global is acquiring US based Livewire Mobile, a provider of end to end managed mobile entertainment solutions for network operations and consumer device manufacturers.

By Ahemad Shaikh | 4 June 2013

I.P.O. / Offerings

McGraw Hill To Raise Its Stake In Crisil

McGraw Hill Financial Inc, owner of Standard & Poor Ratings has announced to make voluntary open offer to raise its stake in Crisil Limited from 52.77% to 75% in a deal worth about $340 Mn.

By Ahemad Shaikh | 3 June 2013

Private Equity

Cartica Capital Invests In TTK Prestige

Cartica Capital is investing R106.5 Cr in TTK Prestige, through preferential allotment, as stated on BSE.TTK Prestige will issue 3,00,000 shares of R10 each at a premium of R3540 per share aggregating to R106.5 Cr.

By Ahemad Shaikh | 3 June 2013

Mergers & Acquisitions

Balmer Lawrie To Acquire Tour & Travel Company

Government of India enterprise, Balmer Lawrie & Co Ltd is looking to add a midsized domestic company offering tour operating services to its travel services arm, Balmer Lawrie Tours and Travel, BL states.

By Ahemad Shaikh | 31 May 2013

Private Equity

IL&FS, Kotak PE Plans To Exit BFW

IL&FS and Kotak PE is planning to exit its investment in Bharat Fritz Werner, a Bangalore based machine tool builder, ET states.

By Ahemad Shaikh | 30 May 2013

Mergers & Acquisitions

Cigniti Tech Buys Gallops Group Cos

Cigniti Technologies has approved and signed the agreement for acquisition of Gallop group companies which are engaged in software testing activities, BSE filing states. The Gallop group companies include India based Gallop Solutions and USA based Gallop Solutions Inc. The acquisition will enable Cigniti Tech to augment testing capabilities and bring in new clients and geographical areas.

By Ahemad Shaikh | 29 May 2013

Venture Capital

Unicommerce Raises Funds From NVP

SaaS based order management and fulfillment provider – Unicommerce has raised funds from Nexus Venture Partners. The funds raised will be utilized to increase sales and marketing efforts and build its product and infrastructure, nextbigwhat stated.

By Ahemad Shaikh | 28 May 2013
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