Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jun 16, 2010

New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jun 16, 2010:

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1) Tiger Global Invests $10 Mn in Flipkart Online
http://www.dealcurry.com/20100616-Tiger-Global-Invests-10-Mn-in-Flipkart-Online.htm

Flipkart Online Services Pvt Ltd has raised its second round of venture funding from Tiger Global Management.The investment is believed to be of around $10 mn which would be utilized for Flipkart’s expansion.Founded in 2007, Bangalore based Flipkart runs the online retail book firm Flipkart.com and also offers products in movies, games and music.

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2) Sajjan Jindal Group Raises Rs 650 Cr From KKR's NBFC Multiflow Financial Services
http://www.dealcurry.com/20100616-Sajjan-Jindal-Group-Raises-Rs-650-Cr-From-KKR-s-NBFC-Multiflow-Financial-Services.htm

Sajjan Jindal group’s privately-held investment company has received Rs.650 Cr from KKR’s NBFC Multiflow Financial Services Pvt Ltd.
The funds would be used to part-finance Sajjan Jindals group’s Rs.7,000 Cr expansion plans in steel. The deal is expected to be in the form structured sponsored finance, a mixture of fixed income payments, equity and cash.
Repayment of the loan will begin after three years with equity linked returns.

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