PE VC M&A News from India

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Wednesday, July 15, 2015

Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 14, 2015

New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 14, 2015:

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1) Customer Engagement And Marketing Platform Mobikon Secures Funding
http://www.dealcurry.com/20150715-Customer-Engagement-And-Marketing-Platform-Mobikon-Secures-Funding.htm

Pune based Mobikon, a customer engagement and marketing platform for restaurants, has raised R14.59 Cr ($2.3 Mn) in Series B round led by Singapore based Jungle Ventures. With the latest funding, the total capital raised from new and existing investors goes up to $5 Mn.

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2) Live Video Streaming App InstaLively Raises Funds
http://www.dealcurry.com/20150715-Live-Video-Streaming-App-InstaLively-Raises-Funds.htm

Delhi based InstaLively LiveStreaming Pvt Ltd, which runs HD live-streaming solutions startup InstaLively.com, has raised a round of angel funding led by Anupam Mittal (Founder, People Group), Anand Chandrasekaran (Chief Product Officer, Snapdeal), Uday Shankar (CEO, Star TV) and author Chetan Bhagat.

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3) Neuv Private Limited Plans To Raise Funds For Its App Whatsay
http://www.dealcurry.com/20150714-Neuv-Private-Limited-Plans-To-Raise-Funds-For-Its-App-Whatsay.htm

Hyderabad based Neuv Private Limited is looking to raise close to R3 Cr for its social polling app Whatsay, to monetize it.

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4) Amcor Flexibles India Acquires Packaging India (PIPL) From Essel Propack
http://www.dealcurry.com/20150714-Amcor-Flexibles-India-Acquires-Packaging-India-PIPL-From-Essel-Propack.htm

Packaging India Private Limited, a wholly owned subsidiary of BSE and NSE listed Essel Propack has been acquired by Amcor Flexibles India for an enterprise value of R165 Cr. The agreement has been signed and the deal is completed for full cash consideration.

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5) Recruitment Portal HackerRank Secures Funding
http://www.dealcurry.com/20150714-Recruitment-Portal-HackerRank-Secures-Funding.htm

Programmer recruitment startup HackerRank, has raised R47.6 Cr ($7.5 Mn) in a strategic round of funding from Recruit Holding’s HR Technology fund. With this round, the company would have raised a total of about $19.9 Mn.

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6) Bike Rental Portal WickedRide Secures Funding
http://www.dealcurry.com/20150714-Bike-Rental-Portal-WickedRide-Secures-Funding.htm

Bengaluru based WickedRide, a premium bike rental startup, has raised over R5 Cr ($787 K) in seed round of funding from an undisclosed angel investor.

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7) Onida's Co-promoter Mansukhani Family Invests In Wow Express
http://www.dealcurry.com/20150714-Onida-s-Co-promoter-Mansukhani-Family-Invests-In-Wow-Express.htm

Mumbai based tech enable logistics startup Wow Express, has raised R3.2 Cr in seed round led by Tamarind Family Private Trust, which is owned by one of the two promoter groups of Onida brand of electronics products, Mansukhani family.

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8) HCL Technologies Limited To Purchase Assets Of Trygstad Technical Services Inc
http://www.dealcurry.com/20150714-HCL-Technologies-Limited-To-Purchase-Assets-Of-Trygstad-Technical-Services-Inc.htm

HCL Technologies, which is India’s fourth largest software services firm has entered into a definitive agreement to acquire certain assets of US based  IT consulting services & solutions firm Trygstad Technical Services Inc in an all cash deal. The financial details of the deal remain undisclosed.

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9) BoxMySpace Raises Seed Funding From Farooq Oomerbhoy, Singapore Angel Networks And Ritesh Veera
http://www.dealcurry.com/20150714-BoxMySpace-Raises-Seed-Funding-From-Farooq-Oomerbhoy-Singapore-Angel-Networks-And-Ritesh-Veera.htm

Mumbai based Physical storage solutions provider BoxMySpace has raised R1.92 Cr worth seed funding from Farooq Oomerbhoy, the CoFounder of Orios Venture Partners, Singapore Angel Network and Ritesh Veera.

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10) Update: Budget Hotel Chain Oyo Rooms Secures Funding
http://www.dealcurry.com/20150714-Update-Budget-Hotel-Chain-Oyo-Rooms-Secures-Funding.htm

Gurgaon based Oravel Stays Private Limited which operates OYO Rooms, a marketplace of branded budget hotels, has secured R635 Cr ($100 Mn) in a round led by Japan’s SoftBank Corp along with a few existing investors including Sequoia Capital, valuing the company at around R2,500 Cr ($400 Mn).

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11) Price Comparison Portal MySmartPrice Raises Funds
http://www.dealcurry.com/20150714-Price-Comparison-Portal-MySmartPrice-Raises-Funds.htm

Hyderabad based online price comparison engine MySmartPrice, has raised R63.53 Cr ($10 Mn) in Series B round of funding led by Accel Partners with participation from Helion Venture Partners.

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