PE VC M&A News from India

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Thursday, July 23, 2015

Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 22, 2015

New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 22, 2015:

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1) MakeMyTrip To Acquire Stake In HolidayIQ
http://www.dealcurry.com/20150723-MakeMyTrip-To-Acquire-Stake-In-HolidayIQ.htm

Online travel portal MakeMyTrip, is picking up 28% stake in travel community portal, HolidayIQ, for a consideration of about R95 Cr ($15 Mn), valuing the company at around R340 Cr. The deal is expected to be completed in August this year.

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2) Cyient Acquires Global Services Engineering Asia of Pratt and Whitney
http://www.dealcurry.com/20150722-Cyient-Acquires-Global-Services-Engineering-Asia-of-Pratt-and-Whitney.htm

IT firm Cyient Ltd has acquired Singapore based Global Services Engineering Asia, the engineering and repair unit of American aerospace manufacturer Pratt & Whitney. The financial details of the deal remained undisclosed.

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3) Dating App iCrushiFlush Raises Funding From IDG Ventures
http://www.dealcurry.com/20150722-Dating-App-iCrushiFlush-Raises-Funding-From-IDG-Ventures.htm

Having invested in more than 220 companies till date, IDG Ventures India has invested in casual dating app iCrushiFlush. The financial details of the deal remained undisclosed.

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4) eGrocery Startup Myonsto.com Raises Angel Funding From Jayant Bokadia
http://www.dealcurry.com/20150722-eGrocery-Startup-Myonsto-com-Raises-Angel-Funding-From-Jayant-Bokadia.htm

Director of Oswal Industries, Mr. Jayant Bokadia has angel funded Ahmedabad based eGrocery startup Myonsto.com for an undisclosed stake. The startup raised R2 Cr in the funding round.

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5) Infosys Arm invests in ANSR Consulting
http://www.dealcurry.com/20150722-Infosys-Arm-invests-in-ANSR-Consulting.htm

Global In-house Centre (GICs) strategic consulting and implementation firm ANSR Consulting has received $1.4 Mn from Infosys’ Innovate In India Fund. With the strategic investment, Infosys acquired a minority stake of around 5% in ANSR Consulting.

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6) Mswipe Secures Series C Funding From Falcon Edge Capital, Meru Capital, Ola And Existing Investors
http://www.dealcurry.com/20150722-Mswipe-Secures-Series-C-Funding-From-Falcon-Edge-Capital-Meru-Capital-Ola-And-Existing-Investors.htm

US based hedge fund Falcon Edge Capital, Meru Capital, Ola have invested $25 Mn in mobile point-of-sale (PoS) services provider Mswipe Technologies. The round also saw participation from existing investors including Matrix Partners India, Deepak Shahdadpuri led DSG Consumer Partners and Axis Bank.

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