PE VC M&A News from India

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Friday, July 17, 2015

Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 16, 2015

New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 16, 2015:

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1) Allied Blenders & Distillers (ABD) Acquires Grain Spirit Distillery Shasta Bio Fuels
http://www.dealcurry.com/20150717-Allied-Blenders-Distillers-ABD-Acquires-Grain-Spirit-Distillery-Shasta-Bio-Fuels.htm

Allied Blenders & Distillers (ABD), which sells some of the largest whisky brands in the country, has acquired Telangana based Shasta Bio Fuels for R200 Cr and will make an additional investment of R50 Cr to upgrade the distillery.

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2) Mindtree To Acquire Relational Solutions And Bluefin Solutions
http://www.dealcurry.com/20150717-Mindtree-To-Acquire-Relational-Solutions-And-Bluefin-Solutions.htm

Bengaluru based Mindtree Ltd, today announced that it has entered into a definitive agreement to acquire 100% stake in  Relational Solutions Inc, a specialized service provider of analytics for consumer packaged goods retail execution, in an all cash deal for about R63.48 Cr ($10 Mn).

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3) Crowdfunding platform Ketto Raises Fresh Funding
http://www.dealcurry.com/20150716-Crowdfunding-platform-Ketto-Raises-Fresh-Funding.htm

Pradyumna Dalmia, Cofounder of Calcutta Angels Network and Sudhir Rao, Cofounder of IndusAge Partners have infused R4.4 Cr as a fresh angel investment in Mumbai based Online crowdfunding platform Ketto.  

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4) Phoenix Mills Raises Funds Via QIP
http://www.dealcurry.com/20150716-Phoenix-Mills-Raises-Funds-Via-QIP.htm

Mumbai based real estate developer Phoenix Mills, has raised R282.6 Cr ($44.7 Mn) through qualified institutional placement.

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