PE VC M&A News from India

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Thursday, July 16, 2015

Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 15, 2015

New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 15, 2015:

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1) Zee Entertainment To Acquire Sarthak TV
http://www.dealcurry.com/20150716-Zee-Entertainment-To-Acquire-Sarthak-TV.htm

Media firm Zee Entertainment Enterprises Limited (ZEEL) announced acquisition of 100% stake in Odia general entertainment channel, Sarthak TV for R115 Cr as an all cash deal; ZEEL said in a filing to BSE. The stake will be acquired from the current shareholders.

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2) Andromeda Acquires Financial Products Comparison Portal Apnapaisa.com
http://www.dealcurry.com/20150716-Andromeda-Acquires-Financial-Products-Comparison-Portal-Apnapaisa-com.htm

Loan Distribution company Andromeda, has acquired online loan solutions firm Apnapaisa for an undisclosed amount.

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3) Rental Accommodation Platform Zenify Raises Funds
http://www.dealcurry.com/20150716-Rental-Accommodation-Platform-Zenify-Raises-Funds.htm

Bengaluru based rental management company Zenify, has raised an undisclosed amount of angel funding from Atul Jalan (Founder, Manthan System) and Gana Yantrika Systems.

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4) Newshunt Acquires Recommendation Platform BuyT
http://www.dealcurry.com/20150715-Newshunt-Acquires-Recommendation-Platform-BuyT.htm

NewsHunt, a regional vernacular content aggregator, has acquired product metasearch engine startup, BuyT. The financial details of the deal remained undisclosed.

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5) ArtZolo In Talks To Raise Funds
http://www.dealcurry.com/20150715-ArtZolo-In-Talks-To-Raise-Funds.htm

Online art gallery ArtZolo is in talks to raise $0.2 Mn in the form of bridge funding from angel investors and high net worth individuals. This will be preamble to the Series A round that will soon follow.

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6) FairFax To Acquire Stake In IIFL
http://www.dealcurry.com/20150715-FairFax-To-Acquire-Stake-In-IIFL.htm

Canada’s Fairfax India Holdings Corporation is planning to acquire another 26% stake in Mumbai based  financial services firm IIFL Holdings, for a consideration of about R1600 Cr

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7) On Demand Delivery Startup Roadrunnr Raises Funds
http://www.dealcurry.com/20150715-On-Demand-Delivery-Startup-Roadrunnr-Raises-Funds.htm

Bengaluru based hyper local delivery startup, Roadrunnr has raised R69.74 Cr ($11 Mn) in Series A round led by Sequoia Capital, and existing investors Nexus Venture Partners and Blume Ventures.

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8) L&T Finance Acquires Stake In Grameen Capital India
http://www.dealcurry.com/20150715-L-T-Finance-Acquires-Stake-In-Grameen-Capital-India.htm

NBFC and wholly owned subsidiary of L&T Finance Holdings Limited, L&T Finance Ltd, has acquired a 26% stake in social impact focused investment advisory firm, Grameen Capital India. The financial details of the deal remained undisclosed.

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