RBSA India Deals Snapshot – August to October 2014

India Deals Snapshot August - October 2014 INDEX

Snapshot of Mergers & Acquisitions Update for August, 4 - 6 September & October, 2014

Mergers & Acquisitions Deals for August, September & 7 - 16 October, 2014

Summary of Mergers & Acquisitions Update 17

Snapshot of PE / VC Update August, September & 19 - 28 October, 2014

PE / VC Deals for August, September & October, 2014 29 - 43

Summary of PE / VC Update 44

Real Estate Deals for August, September & October, 46 2014

RBSA Range of Services 47

3 Snapshot of Mergers & Acquisitions Update for August 2014

Acquirer Target Sector Stake Cr. Zomato Obedovat.sk Others N. A. 19.825 Cr DM Healthcare Private Limited Prime Healthcare Services, Inc., Healtcare N. A. 41.48 Cr Persistent Systems Limited Hoopz Planet Info Pvt Ltd IT/ITES N. A. N. A. Infrastructure Professionals Triple Line Consulting Ltd Consultants N. A. N. A. Enterprise Pvt. Ltd FreeCharge PreburnPvt. Ltd IT/ITES N. A. N. A.

Zensar Technologies Limited Professional Access Ltd IT/ITES N. A. N. A.

Adani Power Limited Lanco Infratech Limited Engineering N. A. ` 36600 Cr Crayon Group Kryptos Networks Pvt Ltd IT/ITES 80% ` 24 Cr Royal Nirman MPF Systems Limited Others 55% N. A. Ozonetel Systems Pvt.Ltd YantraSoft Inc Others N. A. N. A. Carnation Hospitality Pvt. Ltd Barista Coffee Company, Inc Food & Beverages N. A. ` 10 Cr Future Lifestyle Fashions Limited Eclat Lifestlye Private Limited Others 19% N. A. February Communications M&C Saatchi plc Others N. A. N. A. Private Limited Skills Academy Private Limited A4e India Pvt. Ltd Others 100% N. A. Cellaris Refractories India Carborundum Universal Limited Manufacturing N. A. N. A. Limited Franklin Electric Co., Inc. Pluga Pumps and Motors Pvt.Ltd Manufacturing & Engineering N. A. N. A. Mahindra Tsubaki Conveyor Tsubakimoto Chain Co. Manufacturing & Engineering 51% N. A. Systems Private Limited CURA Healthcare Pvt. Ltd., DE Healthcare Private Limited Healtcare N. A. N. A.

4 Snapshot of Mergers & Acquisitions Update for September 2014

Acquirer Target Sector Stake Cr. Girnar Software Pvt. Ltd. Gaadi Others N. A. N. A. Connectiva Analytics and Altruist Technologies Pvt. Ltd Others N. A. N. A. Insights Ltd. Kridhan Infra Solutions Private Econ Geo Tech Pte Ltd. Others 60% N. A. Limited Bitumen Plant of Royal Dutch Gulf Petroleum Ltd. Oil & Gas N. A. N. A. Shell plc Apollo LogiSolutions Limited Clarion Shipping Services L.L.C. Logistics & Shipping N. A. ` 12200 Cr

Wingify Software Pvt Ltd. Concept Feedback LLC Others N. A. N. A.

Zomato Media Private Limited Gastronauci Food & Beverages N. A. N. A. Pidilite Industries Limited Blue Coat Systems Others N. A. ` 263.57 Cr Bookpad Techsoft India Private Yahoo! Inc IT/ITES N. A. ` 3050 Cr Limited foodpanda GmbH Entrega Delivery Others N. A. N. A. Nanobi data and analytics Firstsource Solutions Limited IT/ITES N. A. N. A. private limited Nielsen (India) Private Limited Indicus Analytics Pvt. Ltd. Others N. A. N. A. Ikya Human Capital Solutions Brainhunter Inc Others N. A. N. A. Private Limited Piramal Enterprises Limited DiaSys Corporation Manufacturing N. A. ` 13 Cr Dexetra Software Solutions Ver se' Innovation Pvt Ltd. Others N. A. N. A. Private Limited SSG Capital Management Limited ACRE NBFC 49% N. A. Spice Digital Limited Vavia Technologies Pvt. Ltd. Others 26% N. A. Boutique Hotel Management & Peppermint Hotels Hotel & Hospitality N. A. N. A. Marketing Services Larsen & Toubro Limited Danish Microfinance Manufacturing & Engineering 50% N. A. Bharat Forge Limited Impact Automotive Solutions Ltd Manufacturing 50% ` 108 Cr New Saraswati House (India) S.Chand & Company Pvt Educatation N. A. N. A. Pvt. Ltd Raj Kundra and Shilpa Shetty Hindusthan Safety Glass Manufacturing 52% ` 15 Lac Kundra Industries Limited Dion Global Solutions Limited Swissrisk AG Others N. A. N. A. Dalmia Bharat Sugar and Industries Undisclosed Manufacturing N. A. N. A. Limited NMDC Limited Legacy Iron Ore Limited Petroleum 30% ` 75.03 Cr Hubert Burda Media Holding GmbH Media Transasia India Ltd Media & Entertainment N. A. N. A. & Co. Limited Infrastructure, Oil & Gas, Power & MÜLHEIM PIPECOATINGS GmbH Welspun Enterprises Ltd 3.14% ` 5 Cr Energy JiGrahak Mobility Solutions (P) Flipkart Online Services Pvt. Ltd Others N. A. N. A. Ltd AppStudioz Technologies Pvt. Affle Limited Others N. A. N. A. Ltd.

5 Snapshot of Mergers & Acquisitions Update for October 2014

Acquirer Target Sector Stake Cr. Cigital, Inc iViZ Techno Solutions Pvt. Ltd IT/ITES N. A. N. A Larsen & Toubro Infotech Limited Information Systems IT/ITES N. A. N. A Resource Centre Pvt. Ltd Brillio Marketelligent NBFC N. A. N. A Dewan Housing Finance Pramerica Mutual Fund NBFC 50% ` 24.49 Cr Corporation Limited New Call Telecom Ltd. Nimbuzz B.V. Others 70% ` 1067.5 Cr Times Internet Limited Moneysights Others N. A. N. A

B2X Care Solutions GmbH The Service Solutions Others N. A. N. A Intertek India Private Limited Dr. Amin Controllers Pvt. Ltd Others N. A. N. A Kellton Tech Solutions Limited Vivos Professional Services, Others N. A. N. A LLC DACHSER GmbH & Co.KG AFL Dachser Pvt. Ltd Logistics 50% N. A Panasonic Corporation Panasonic Appliances India Manufacturing & Engineering 17% N. A Company Limited Life Insurance Corporation of Infosys Limited Engineering 1% ` 1400 Cr India Biba Apparels Pvt Ltd Anjuman Brand Designs Manufacturing 27% N. A Private Limited

Future Lifestyle Fashions Limited Elisir Lifes Manufacturing 60% N. A Elisir Lifes Txtlocal Ltd. Others N. A. ` 102.1 Cr Trivitron Healthcare Private Kiran Medical Systems Healthcare N. A. N. A Limited Limited Binatone Electronics Connovate Technology Pvt Ltd Others N. A. N. A International Limited PayUMoney Cobboc Pvt. Ltd Others N. A. N. A dMACQ Software Pvt Ltd ASPIRE, Inc. Others 40% N. A Amulya Leasing Apollo Pipes Limited Manufacuring 14% N. A Nihilent Technologies Pvt. Ltd GNet Group, LLC Others N. A. N. A DaVita HealthCare Partners Inc. Express Clinics Pvt. Ltd. Healthcare N. A. N. A

MPS Limited Electronic Publishing Services Others N. A. N. A Sumitomo Corporation Carzonrent (India) Private Others N. A. N. A Limited Ipca Laboratories Limited Alpa Laboratories Limited Pharmaceuticals N. A. ` 71.71 Cr Lyka Labs Limited Undisclosed Pharmaceuticals N. A. ` 38.61 Cr Minda Corporation Limited Furukawa Electric Co., Ltd Manufacturing 2% N. A

6 Mergers & Acquisitions Deals August – October 2014

Zomato Buys Online Resto Guides Lunchtime, Obedovat IPE Global Buys UK's Triple Line Consulting Deal Participant – Acquirer Deal Participant – Acquirer Zomato, founded in 2008, is a comprehensive online restaurant started by IIT Delhi. It Founded in 1998, Infrastructure Professionals Enterprise Pvt. Ltd. provides consulting has forayed into print as well, launching the Citibank Zomato Restaurant Guide in services to international agencies, donors, and governments in various sectors and 2012 and The Connoisseur's Guide to Eating Out in 2013. practices. It offers governance and capacity building, economic and financial Deal Participant – Target management, programme design and management, monitoring and evaluation, social Established in August, 2004, Portal Obedovat.sk is on the market for almost 10 years, and economic empowerment, and information communication technology services. initially as a portal for publicizing the daily menu in Bratislava restaurants and is the Deal Participant – Target first project of Creative Web, Ltd. Founded in 1999,Triple Line Consulting Ltd provides consulting services. It operates as a Deal Value subsidiary of Infrastructure Professionals Enterprise Pvt. Ltd. $ 3.25 Mn Deal Value Synergy Benefits Undisclosed With this acquisition, Zomato will be able to build the largest resource of restaurant Synergy Benefits information going beyond lunch menus which will enhance both the user and The acquisition will help IPE Group expand its footprint in the development sector to merchant experience over 100 countries globally with offices across Africa, Asia and Europe.

Aster DM Acquires Prime Hospitals Persistent Systems Buys Content Discovery Portal Hoopz Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1987, DM Healthcare Private Limited, a healthcare conglomerate, Incorporated in 1990 by Dr. Anand Suresh Deshpande, Persistent Systems Limited operates hospitals, diagnostic centers, medical centers and pharmacies in the Middle operates in the software development and information technology services business in East and India. It offers primary, secondary, and tertiary healthcare with management North America, Europe, and the Asia Pacific. It operates through Telecom and Wireless, and consultancy services. It provides services in areas, such as cardiology, dental, Life Science and Healthcare and Infrastructure and Systems segments. It offers dermatology, dietetics, endocrinology and diabetology, ENT, gastroenterology, outsourced software product development services; and services in social, mobility, general medicine, general surgery, gynaecology, neurology, ophthalmology, analytics, and cloud computing, as well as IP products. The company is also involved in orthopedics, pediatrics, psychiatry, pulmonology, and urology. the technology innovation in life sciences, telecom and product lifecycle management Deal Participant – Target domains Founded in 2000 by Dr. Prem Reddy, Prime Healthcare Services, Inc., together with its Deal Participant – Target subsidiaries, owns and operates acute care hospitals in California, Texas, and Founded in 2011 by AkashSurekha, Hoopz Planet Info Pvt Ltd. develops an auto search Pennsylvania. It offers various medical services, including emergency room, heart and digital marketing platform that offers services in the areas of auto information, care, maternity care, behavioral health, surgical, imaging and senior services, as well content, and application discovery; and digital marketing services. Its platform enables as provides intensive care unit, clinical laboratory and pharmacy facilities. It also offers auto discovery of information and content, such as blogs, Web, articles, news, books, a range of services for wound treatment and management of associated medical music, audios, videos, maps, recommendations, experiences, ratings, public postings, conditions, as well as community services. write ups, etc. based on the keywords of user communications. Deal Value Deal Value $ 6.8 Mn Undisclosed Synergy Benefits Synergy Benefits This acquisition enables Aster DM Healthcare to strengthen its business in Indian With this acquisition it will help strengthening its foothold in the technology and data healthcare market. discovery space

Zensar Technologies Buys Ecommerce Software Firm Professional Access Franklin Electric Acquires Pluga Pumps, Wadcorpp India Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1963, Zensar Technologies Limited, together with its subsidiaries, provides Founded in 1944, Franklin Electric Co., Inc., together with its subsidiaries, designs, software and infrastructure services. It offers digital enterprise solutions; business manufactures, and distributes water and fuel pumping systems worldwide. It operates application services comprising outsourcing, application development and integration, in two segments, Water Systems and Fueling Systems. The Water Systems segment application support and maintenance, managed services, legacy transformation, and offers motors, pumps, electronic controls, and related parts and equipment. Its motors unified ecommerce offerings; and enterprise solutions that enable organizations to and pumps are used principally for pumping fresh water and wastewater in various enhance agility and operational efficiency, and transform businesses to leverage residential, agricultural, and industrial applications; and electronic drives and controls emerging opportunities and market changes are used in motors, which control functionality and provide protection from various Deal Participant – Target hazards, such as electric surges, over-heating, or dry wells or tanks. Founded in 1993, Professional Access Ltd. operates as an information technology and Deal Participant – Target management company in the United States. It offers consulting services, including Founded in 2013, Pluga Pumps and Motors Pvt.Ltd. develops, manufactures, and business analysis and assessment, technology assessment, and program management; exports submersible motor and pump sets for agricultural markets. The company offers IT enabled services, such as application development, maintenance and support, bore submersible pumps; bore well submersible pumps; horizontal and vertical open- systems integration, implementation, migration, and testing; and global sourcing well submersible pumps; Drain-X pumps; regenerative monoblock pumps; mini services. The company serves fashion and apparel, B2B, finance and insurance, monoblock pumps; and submersible wet motors, stainless steel pumps, cast iron healthcare, retail hypermarkets, travel and hospitality, and communications pumps, and pump set accessories. industries. Incorporated in 1982, Wadcorpp India Pvt. Ltd. distributes fueling equipment to the oil Deal Value and gas industry. Undisclosed Deal Value Synergy Benefits N. A. This acquisition would helpZensar to strengthen position in the fast growing Oracle e- Synergy Benefits commerce space by combining Zensar's Oracle EBS, Oracle Retail and Fusion With this acquisition, Franklin Electric Co., Inc will strengthen its presence in the water Middleware solutions for global clients, and fueling systems businesses in India.

7 Mergers & Acquisitions Deals August – October 2014

Carnation Hospitality Acquires Lavazza's Barista Coffee Chain Sequoia Backed FreeCharge Buys Offline App Store Preburn Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2009, Carnation Hospitality Pvt. Ltd. owns and operates restaurants. It Founded in 2008 by Mr. Kunal Shah, FreeCharge run by Accelyst Solutions Pvt. Ltd. operates as a subsidiary of Rollatainers Limited. operates a Website that provides online prepaid mobile recharge services. It provides Deal Participant – Target rewards by way of discount coupons for every recharge made through the website. Founded in 1996, Barista Coffee Company, Inc., doing business as Baristas, operates as Deal Participant – Target a drive-through beverage retailer in the United States. The company offers hot and PreburnPvt. Ltd. provides an offline application store. It provides Preburn that offers cold beverages, including specialty coffees, blended teas, and other custom drinks, as application publishers a large pool of users and faster attainment of critical mass. The well as smoothies, fresh-baked pastries, and other confections. It also provides company’s Preburn allows applications of various genres to be installed on users' beverages, such as hot apple cider, hot chocolate, and frozen coffees. devices at the time of purchase from retail stores. Deal Value Deal Value ` 100 Mn Undisclosed Synergy Benefits Synergy Benefits Lavazza wanted to sell Barista as it was making losses, so it was part of its exit FreeChargewill use the funds to build up its advertising platform, which allows brands strategy. to target users based on their online and offline purchases.

Adani Acquires Lanco'sUdupi Power Plant Future Lifestyle Buys Additional Stake In Famozi Deal Participant – Acquirer Deal Participant – Acquirer Adani Power Limited, together with its subsidiaries, is engaged in the generation and Founded in 2012, Future Lifestyle Fashions Limited operates as an integrated fashion transmission of electricity under long term power purchase agreements and on company in India. The company primarily operates retail stores under the Central merchant basis in India. It generates electricity through thermal and solar energy name; youth fashion stores under the IamIN name; outlet stores under the Brand sources Factory name; and a multi-brand sportswear and sports goods chain under the Planet Deal Participant – Target Sports name, as well as owns a fashion brand ALL that offers plus size clothing. It offers LancoInfratech Limited is engaged in engineering, procurement, and construction formal menswear, casual wear, active or sportswear, women’s ethnic wear, women’s (EPC); and power, natural resources, infrastructure, and property development denim wear, women’s casual wear, footwear, and accessories under a portfolio of businesses. Itoperates through five segments: EPC and Construction, Power, Property fashion brands. Development, Infrastructure, and Resources. The EPC and Construction segment Deal Participant – Target provides EPC services for various projects, such as thermal and hydro power projects, Founded in 2011, Eclat Lifestyle Private Limited engages in designing and redefining chimneys, cooling towers and balance of plant, and transmission and distribution footwear for men. It offers loafers/moccasins/drivers, boat shoes/desert boots, projects, as well as for roads, highways and bridges brogue/derby/oxford/formals, formal shoes/dress shoes, lace up and slip on shoes, and Deal Value sandals/slippers/mules. More than ` 60 Bn Deal Value Synergy Benefits Undisclosed The Acquisition will support Lanco in reducing its debt and will enable Lanco to receive Synergy Benefits about Rs.2,000 crore as cash. This acquisition was part of Nurture Group Investment Plan.

Crayon Group Buys Kryptos Networks Royal Nirman Acquires MPF Systems Deal Participant – Acquirer Deal Participant – Acquirer Crayon Group advices customers with complex IT needs to ensure the best possible Founded in 2010, Royal Nirman Private Limited(RNPL) is into the business of real estate, return on investment combined with cost optimization and lifecycle management.It construction business, purchase, lease or to develop or operate land. It is currently into has become one of the leading volume license partners for a range of software the business of investment and trading in shares and securities and also deals in manufacturers. It offers licenses from Microsoft, Adobe, Symantec, Citrix, VMware, commodity. Oracle, IBM and others its emphasis is in accordance with the standard software Deal Participant – Target which customers use consistently year after year, and which play a key role in their Incorporated in 1993, MPF Systems Limited designs, develops, installs, and services fire technological platforms and critical commercial processes. securities systems in India. The company was formerly known as Mather and Platt Fire Deal Participant – Target Systems Limited and changed its name to MPF Systems Limited in March 2014 Founded in 2006, Kryptos Networks Pvt Ltd., an information technology (IT) Services Deal Value Company, distributes and aggregates subscription licensing models for service Undisclosed providers from various software vendors. It offers solutions in the areas of SaaS based Synergy Benefits software licensing with Microsoft’s Software provider license agreement; cloud and The acquisition follows the share purchase agreement between the two parties, virtualization solutions; virtual desktop solutions; cloud orchestration platforms; cloud resulting in change of control of the company. RNPL has also invited open offer from management solutions; software based storage solutions; and business continuity the public shareholder so as to increase its stake in the company solutions. Deal Value ` 240 Mn Synergy Benefits With this acquisition Crayon will deploy Krptos expertise for its back office for serving its global Clientele

8 Mergers & Acquisitions Deals August – October 2014

Japan's Tsubaki Picks Up Majority Stake In Mahindra Conveyor System Peepul Capital Backed Cura Healthcare Buys DE Healthcare Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1917, Tsubakimoto Chain Co. manufactures and sells power transmission Founded in 2001, CURA Healthcare Pvt. Ltd., a medical technology company, designs, products, automotive parts, and materials handling systems. Its power transmission manufactures, and distributes radiographic imaging equipment. The company offers X- products include drive, conveyor, and top chains; other chain products; sprockets; ray products, such as digital radiography products and PACS; CT scanners, MRI systems, timing belts and pulleys; support and guidance systems for cables and hoses; hose and mammography equipment, and bone mineral densitometer equipment; and imaging cable carrier systems; shaft couplings/lockings; reducers/variable speed drives; motion software solutions. It provides products and services for healthcare institutions and controls/clutches; overload protectors; and linear actuators. specialists in the areas of radiology, women's health, cardiology, intensive care units, Deal Participant – Target and skeletal health. Founded in 2010, Mahindra Tsubaki Conveyor Systems Private Limited manufactures Deal Participant – Target and markets material handling equipment and systems. It offers bulk material Founded in 1993, DE Healthcare Private Limited operates as a dealer of medical handling equipment, such as chain bucket elevators, belt bucket elevators, flow equipment. The company sells and services diagnostic ultrasound solutions. It offers conveyors, chain conveyors, coal feeders, deep pan conveyors, apron feeders, ultrasound systems and transducers, which include ultrasound scanners, echo Doppler flightveyors, LC conveyors, screw conveyors, belt conveyors. systems, color Doppler systems, black and white ultrasound systems, color Doppler Deal Value hand-carried ultrasound systems, and portable color Doppler systems. N. A. Deal Value Synergy Benefits N. A. Through this deal Tsubaki will carry out large-scale manufacture and sale of Unit Synergy Benefits Handling Systems for supplies not only in India but also to markets in Asia, Africa, Through this acquisition, Cura Healthcare will be able to get to grab a market share of West Asia and Europe. 15 per cent in the next two years.

Carborundum Universal Buys Out Israeli Partner In JV Cellaris Refractories Skills Academy Acquires A4e India Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1954, Carborundum Universal Limited (CUL) , together with its Founded in 2011, Skills Academy Private Limited develops and provides skills and subsidiaries, manufactures and sells abrasives, ceramics, and electro minerals in India. training solutions for individuals. The company offers various programs and services, It operates through Abrasives, Ceramics, Electrominerals, IT Services, and Power such as work place skills, advanced course in BPO, finance accounting basics, analytical segments. The Abrasive segment offers bonded and coated abrasives, processed cloth skills foundation programs, advanced course in retail, banking basics, and finance and products, polymers, power tools, coolants, and metal working fluids for automobile, accounting. It also provides a range of social, business, communication, and soft skills engineering, fabrication, wood working, home maintenance, construction, and training modules for holistic development. infrastructure industries. Deal Participant – Target Deal Participant – Target Founded in 2014, A4e India Pvt. Ltd. provides skills training and certification for rural Founded in 2008, Cellaris Refractories India Limited (CRIL) manufactures alumina cells BPL people in India. for refractory/insulation application. Deal Value Deal Value N. A. N. A. Synergy Benefits Synergy Benefits This acquisition will allow Skills Academy to enhance reach into new areas across With this acquisition CRIL will become wholly owned subsidiary of CUM. The change in different states in India and also leverage the varied experience of existing A4e ownership is expected to speed up scaling up at CRIL and will ensure continuity of employees to help increase the scale of the business. operations and product development

Cloud Telephony Firm Ozonetel Buys Yantrasoft's Speech Recognition Vertical Nielsen India Buys Research Analytics Firm Indicus Analytics Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2007, Ozonetel Systems Pvt.Ltd. is a cloud communications company that Founded in 1983, Nielsen (India) Private Limited measures and analyzes consumer provides a communications as a service platform that offers tools to run targeted confidence internationally. It offers retail and shopper marketing, brand and portfolio marketing campaigns to reach, engage, support, and retain customers. Its solutions management, pricing and promotion strategies, product innovation and renovation, include CloudAgent, a cloud contact centre solution that delivers contact center over and social media intelligence services. The company also measures the shopping and Internet using Web browser offering multi-channel voice, Email, SMS, social media, media consumption of consumers; and viewership data and analytics primarily for the IVR, dialer, quality monitoring, interaction intelligence. media and advertising industries across television, online, and mobile screens. Deal Participant – Target Deal Participant – Target Founded in 2008,YantraSoft Inc. develops voice, speech, and natural language based Founded in 2000, Indicus Analytics Pvt. Ltd. operates as an economics research and software technologies and solutions that are specially tuned for Indian languages. It data analytics company in India. It offers economics research services include offers TTS, a text-to-speech engine and speech synthesizer that provides speech econometric modelling, forecasting, surveys, monitoring and evaluation of synthesis with natural sounding voices for hand-held, desktop, and server development programs, indexation and ranking, and policy analysis; data and analytics applications; ASR, an automatic speech recognition technology for Indian languages to solutions that provides ready-to-use data and analytics that support strategic decision address small, medium, and large vocabulary recognition requirements. making at various levels of businesses; and pin code and micro market level analytics for Deal Value micro market and retail planning analysis. Undisclosed Deal Value Synergy Benefits N. A. With this acquisition Ozotel will be able to deploy IP, technology, clients which Synergy Benefits including a big consulting firm and a Agri products client under the company which is The acquisition will help Nielsen strengthen its portfolio and in India. expected to have revenues from this buy in the next financial quarter. With this Ozonetel will take this feature on cloud which would reap benefit for the firm in near future.

9 Mergers & Acquisitions Deals August – October 2014

Update: CarDekho Acquires Ibibo's Gaadi.com Apollo LogiSolutions Acquires Majority Stake in Dubai's Clarion Shipping Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2006, Girnar Software Pvt. Ltd. provides enterprise mobility solution, Founded in 2009, Apollo LogiSolutions Limited provides integrated logistics solutions in mobile applications development, Web design and development, offshore staffing, India and internationally. It owns and operates dry ports that cater to hinterland and testing and quality assurance (QA) services. Its enterprise mobility solutions container traffic through connected shipping lines and a supply chain all over India; and include enterprise mobility consulting, mobile business intelligence, business process offers freight forwarding solutions, such as air freight and ground freight forwarding mobilization, B2B mobile applications (app) development, enterprise iOS app services for small, medium, and large scale businesses. development, enterprise Android app development, and enterprise app distribution Deal Participant – Target Deal Participant – Target Founded in 1996, Clarion Shipping Services L.L.C. provides sea and air freight forwarding Founded in 2008 by Ankur Warikoo, Vivek Pahwa, and Umang Kumar, Gaadi allows services. The company offers full container loading and less than container loading; users to buy and sell new and pre-owned cars. It is an online marketplace for second import and export consolidation and deconsolidation; warehousing, distribution and, hand cars as well as new cars It had begun as a auto content portal and later moved logistics; customs clearance and brokerage; cargo insurance; trucking; packing and on to become a classified portal. relocations; chartering; and e-commerce services. Deal Value Deal Value Undisclosed ` 2,000 Mn Synergy Benefits Synergy Benefits With this acquisition the combined Cardekho and Gaadi entity is expected to become The acquisition will help ALS access over 20 countries where Clarion has a strong the largest online auto classifieds presence and also extend ALS' footprint to nearly 100 countries across the globe.

Altruist Technologies Acquires Big Data Firm iConnectiva Webpage Optimization Startup Wingify Buys US Based Concept Feedback Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2005, Altruist Technologies Pvt. Ltd., along with its subsidiaries, provides Founded on 2009, Wingify Software Pvt Ltd. provides testing and optimization solutions voice and Web based, business process outsourcing, information technology (IT) and for businesses in India and internationally. It offers Visual Website Optimizer, an A/B interactive communication solutions to carrier, WASP, ISP, CSP, and corporate clients. testing tool that helps marketing professionals to increase sales and conversions on It offers mobile voice chat; Mera Hello Tune that allows users to compose their own their Websites using various techniques, such as A/B testing, behavioral targeting, track caller tunes; mobile social networking; Jobs on Phone to search for jobs; and voice and visitors, usability testing, etc. SMS based, jukebox, download, and matrimonial services Deal Participant – Target Deal Participant – Target Founded in 2009, Concept Feedback LLC provides Website feedback services. It offers Connectiva Analytics and Insights Ltd. (previously known as Mara-Ison Connectiva Ltd.) advice related to Website performance; third-party analysis of a Website; and detailed a Hong Kong based company, is an Analytics product and services company with focus analysis from design, usability, and strategy professionals. The company also reviews on Telecom subscriber data monetization. It provides a portfolio of analytics solutions, landing pages, mockups, wireframes, applications, interfaces, logos, and e-newsletters, which enable telecom, media, and utility companies to lower churn, improve as well as marketing materials, including advertisements, mailers, posters, billboards, operational effectiveness, boost ARPU and increase overall profitability. and more. Deal Value Deal Value N. A. N. A. Synergy Benefits Synergy Benefits With the acquisition, Altruist seeks to integrate iConnectiva’s offering with its product It’s a strategic investment. to service its existing 70 clients including British Telecom, Reliance and Vodafone.

Zomato Acquires Poland's Restaurant Search Service Firm Gastronauci Gulf Petroleum Acquires Shell's India Bitumen Plant Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2008, Zomato Media Private Limited operates an online portal to discover Gulf Petroleum Ltd. operates as an oil and gas company. The company owns and places to eat around. Its platform allows that user to find the best restaurants nearby, operates oil and petrochemical refineries. see detailed restaurant info and scanned menus, discover restaurants according to Deal Participant – Target mood, follow foodies for trusted reviews, create own personal food diary, and share As of September 24, 2014, Specialties Bitumen Plant of Royal Dutch Shell plc was gastronomic journey with friends. The company also operates as a marketing platform acquired by Gulf Petrochem FZC. Specialties Bitumen Plant of Royal Dutch Shell plc for dining establishments. comprises bitumen production plant Deal Participant – Target Deal Value Founded in 2007, Gastronauci operates a restaurant discovery and reviews site. N. A. Deal Value Synergy Benefits N. A. The acquisition has helped Gulf Petrochem to increase their product portfolio with Synergy Benefits petroleum products. The acquisition, through a direct purchase, will complement the It was part of company’s expansion policy in order to expand in multiple geographies in construction of a high capacity storage terminal for various petroleum products at the immediate future. Pipavav in Gujarat and meet the ever increasing demand for Bitumen Specialty products in West and North India Kridhan Infra Buys Majority Stake in Econ GeoTech M&C Saatchi Buys Advertising Agency February India Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2010, Kridhan Infra Solutions Private Ltd. manufactures mechanical Rebar Founded in 1995, M&C Saatchi plc provides advertising and marketing services. The splicing and couplers and distributes iron and steels, products made from iron and company offers its services in the areas of brand consulting, PR, direct marketing, and steels, mechanical Rebar splicing, couplers, minerals and ores, ferrous and non ferrous mobile, as well as sport and entertainment. metals, iron, steel, and metal scraps. Deal Participant – Target Deal Participant – Target February India Limited Founded in 1990, Econ Geo Tech Pte Ltd. offers soil laboratory testing services. Deal Value Deal Value N. A. N. A. Synergy Benefits Synergy Benefits It’s a strategic Investment. The acquisition will allow KIL to upgrade its technological know-how and develop its staff competency in geotechnical engineering.

10 Mergers & Acquisitions Deals August – October 2014

Yahoo Acquires Tech Startup Bookpad IKYA Group Acquires Canadian IT Staffing Firm Brain Hunter Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1994, Yahoo! Inc. operates as a technology company worldwide. The Founded in 2007, Ikya Human Capital Solutions Private Limited provides HR solutions in company offers Yahoo Search that serves as a starting point to navigate the Internet India. It offers executive search, outplacement, offer management, exit management, and discover information; and Yahoo Answers, which enables users to seek, discover, helpdesk, master vendor, executive search, payroll management, compliance and share knowledge and opinions across mobile phones, tablets, and desktop. It also management, campus project, ramp-ups and new set-ups, talent mapping, database provides Yahoo Mail that connects users to the people and things; Yahoo Messenger, management, assessment, managed, recruitment, staffing, temporary staffing, training, an instant messaging service; and Yahoo Groups, which enable users to join groups human resources outsourcing, and project based RPO hiring services. based on shared interests and involvements. Deal Participant – Target Deal Participant – Target Founded in 2002, Brainhunter Inc. provides recruiting and staffing services and Founded in 2013, Bookpad Techsoft India Private Limited provides document handling solutions to the information technology, engineering, industrial, and healthcare sectors and embedding for applications. It enables to embed various document formats, such in Canada, the United States, and internationally. The company provides its services and as .docx, .pptx, .xlsx, and .pdf into application GUI. The company also provides Web solutions in the areas of contract staffing, permanent staffing, specialized job boards, and mobile support, document editing, scanned document support, and document technology sales, professional services/solutions delivery, and business process conversion and rendering services. outsourcing centre. Deal Value Deal Value ` 500 Mn N. A. Synergy Benefits Synergy Benefits It’s a strategic investment. It’s a strategic investment.

Pidilite Industries Buys Blue Coat's Adhesive Business L&T Buys out Danish Partner In Consultancy JV Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1959, Pidilite Industries Limited, together with its subsidiaries, Founded in 1938, Larsen & Toubro Limited operates as a technology, engineering, manufactures and sells consumer and specialty chemicals in India. The company construction, and manufacturing company worldwide. Its Infrastructure segment operates through three segments: Consumer & Bazaar Products, Industrial Products, constructs building, factory, transportation and heavy civil, power transmission and and Others. It offers adhesives, sealants, art materials, and construction and paint distribution, and water and renewable energy projects. Its Power segment offers coal chemicals for use by carpenters, painters, plumbers, mechanics, households, students, and gas-based thermal power plants turnkey solutions, including power generation offices, etc. The company also provides wood finishes and paints, art material and equipment. Its Metallurgical & Material Handling segment provides turnkey solutions stationery, automotive, and fabric care products; and industrial adhesives, synthetic for ferrous and non ferrous metal industries; bulk material and ash handling systems; resins, organic pigments, pigment preparations, surfactants, and others for use in and industrial machinery and equipment. various industries, including packaging, textiles, paints, printing inks, paper, leather, Deal Participant – Target etc. Ramboll was founded on 15 October 1945, as the "Rambøll & Hannemann" partnership Deal Participant – Target in Copenhagen, Denmark. Since then, Ramboll has expanded to an international Founded in 1996, Blue Coat Systems, Inc. designs, develops, and sells products and corporation employing 11,000 dedicated specialists. It is an engineering consultancy services that secure, accelerate, and optimize the delivery of business applications, and which provides management services, Ramboll is dedicated to working with Web content, and other information to distributed users over a wide area network customers and partners to meet these challenges by combining local knowledge with (WAN) or the public Internet/Web. Its products provide end user customers with the global multidisciplinary expertise. information about the applications and Web traffic running on their networks, Deal Value including discover, classify, manage, and control communications between users and N. A. applications across internal networks, as well as the WAN and the Internet. Synergy Benefits Deal Value The acquisition is part of L&T's strategic move to strengthen its design base in ` 2,635.7 Mn infrastructure space. Once the acquisition is completed, LTR will be renamed as L&T Synergy Benefits Infrastructure Engineering Ltd It’s a strategic investment / deal.

FirstSource Solutions Picks Up Stake in Nanobi Data and Analytics Hubert Burda Acquires Media Transasia's Consumer Magazine Unit Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2001, Firstsource Solutions Limited provides customer-centric business Hubert Burda Media Holding GmbH & Co. Limited Partnership operates as a print and process management solutions. It offers customer management services, such as online media company worldwide. It publishes magazines; and periodicals in the market business acquisition, customer account, customer loyalty, and differentiators; segments of women, lifestyle, fashion, people, parents, living, decoration, food, garden, collection services, including financial, healthcare, and student loan collection; and men’s lifestyle, cars, and computers. data processing services that include back office outsourcing, transaction processing, Deal Participant – Target and process re-engineering services. Founded in 1977, Media Transasia India Ltd. publishes magazines. It offers magazines in Deal Participant – Target the areas of music, sports, architecture, women, interiors and lifestyle, parenting, Founded in 2012, nanobi data and analytics private limited designs and develops senior citizens, travel and culture, and men's lifestyle. The company also publishes analytics software. It offers analytics-as-a-service to enterprises on a cloud-based pay- coffee table books. as-you-use subscription model. It owns and operates an app store called Analytics Deal Value Tree that has a predefined analytics applications. N. A. Deal Value Synergy Benefits N. A. With this acquisition it will strengthen Hubert Burda’s offerings in the country as it adds Synergy Benefits Transasia’s titles such as Travel & Leisure South Asia, Better Homes & Gardens, Sports It’s a small strategic investment Illustrated and Child to its kitty.

11 Mergers & Acquisitions Deals August – October 2014

Piramal Sells Lab Diagnostics & Point of Care Unit to DiaSys Peppermint Hospitality Buys Boutique Hotel Management Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1947, Piramal Enterprises Limited primarily manufactures and sells own Founded in 2009 by Mr. Baljee, Peppermint Hotels operates hotels. Its facilities include and traded bulk drugs and formulations in India and internationally. It operates rooms, restaurants, dining spaces, bars, banquets and conference halls, business through three segments: Pharmaceuticals Businesses, Financial Services Businesses, centers, gymnasiums, wellness facilities and pools, and space for kids and retails. and Information Management Business. The company provides custom manufacturing Deal Participant – Target services across the entire drug lifecycle ranging from development and commercial Boutique Hospitality Management was conceived by Keith Space in 1997, BHM is manufacturing to off-patent supplies of active pharmaceutical ingredients and recognized as one of the top boutique hotel management companies. They advise on formulations. It also manufactures and sells inhalation anaesthetics. both development aspects and operation matters, thus helping companies achieve both Deal Participant – Target short-term and long-term goals. The BHM team has managed a number of other hotels. Founded in 1992, DiaSys Corporation engages in the design, development, Their work involves both boutique and traditional hotels and they have had the manufacture, and distribution of workstation-instruments, consumables, reagents, opportunity to work with a diverse group of distinguished developers, lenders, and specialized test kits to hospital, clinical, and private physician laboratories architects, designers, brokers, banks and hospitality professionals. worldwide. The company’s workstation instruments perform laboratory analysis of Deal Value urine sediment, fecal concentrates, cerebral spinal fluid, fine needle aspirations, and N. A. other cell suspensions. Synergy Benefits Deal Value With this acquisition Peppermint adds 60 hotels to its portfolio gaining an inventory of ` 130 Mn 30 to 60 rooms each with majority of them being in South India. Each property would Synergy Benefits be handled with a combination of services of marketing, management, procurement, The sale forms part of the strategy of concentrating on segments that do not need a and technical collaboration customized to the needs of individual hotel owners retail presence in a large way.

VerSe Innovation Acquires VC Backed Dexetra Software Singapore's distressed assets fund SSG Capital buys 49% of Asset Care (Stake – 49%) Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2007, Ver se' Innovation Pvt Ltd. develops mobile consumer products and Founded in 2009, SSG Capital Management Limited is a private equity firm specializing solutions. The company offers NewsHunt, a news and eBooks application that in distressed and special situations investments in deep-value assets that are afflicted provides a collection of Indian language newspapers and eBooks with chapter based by dislocations in pricing and market liquidity. magazines and ebooks singles; iPayy, a micro-payment solution for digital goods using Deal Participant – Target mobile carrier billing; and telco grade solutions for the delivery of information over ACRE is promoted by IFCI, Punjab National Bank, Tourism Finance Corporation of India USSD, SMS, voice, and WAP. and Bank of Baroda. Deal Participant – Target Deal Value Founded in 2010, Dexetra Software Solutions Private Limited develops mobile Undisclosed applications. It offers Friday, an Android application to get various events captured Synergy Benefits with a smartphone to create a digital journal; and to make it searchable and ties The induction of SSG as a strategic investor will help ACRE augment capital base together events. The company’s software also includes analytics to gain insights on through which it would be able to participate more actively in the sale of Non- calls at various times of the day. Performing Assets and to acquire large value transactions. SSG's global experience and Deal Value specialisation in distressed asset management would benefit the management and N. A. employees of ACRE with its in depth knowledge and expertise in the field of distress Synergy Benefits asset management It’s a strategic investment.

Spice Digital Picks Up Stake In Tech Startup Vavia Dion Acquires Remaining Stake In SwissRisk Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2000, Spice Digital Limited offers mobile solutions in the areas of Founded in 1994, Dion Global Solutions Limited provides software solutions to financial entertainment, infotainment, and utility to under-served mobile subscribers in India institutions in India and internationally. It offers trading, settlement, and wealth and internationally. It provides 3G video portal, video sharing portal, and video on management products comprising front office and back office suite, customer demand solutions; crop advisory and weather forecasting to rural clients; USSD management, and other value added products. The company also provides governance, banking and gateway solutions; and astrological information on daily, monthly, and risk, and compliance (GRC) products, including GRC Enterprise Compliance, a regulatory yearly horoscopes. compliance risk management solution; GRC Enterprise Audit, a risk-based end-to-end Deal Participant – Target audit planning, execution, and issues remediation solution; Foreign Account Tax Founded in 2008, Vavia Technologies Pvt. Ltd. provides Web and mobile based Compliance Act (FATCA) TRAC, a solution for firms FATCA compliance checks and tax solutions to corporate and individuals in India and Internationally. The company offers management; and FATCA FORCE, a FATCA project monitoring solution. Web strategy and content management services; and Web application based services, Deal Participant – Target such as Web application development, assimilation, re-engineering, customization, Founded in 1999, Swissrisk AG provides software solutions for wealth management and augmentation. advisory applications. Deal Value Deal Value Undisclosed N. A. Synergy Benefits Synergy Benefits It’s a strategic investment This Acquisition will help Dion continue to expand their solution suite and market share across the region and the globe.

Rocket Internet-backed Food panda acquires Brazilian competitor Entrega Delivery Dalmia Bharat Buys Sugar Plant in Maharashtra Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2012, foodpanda GmbH operates an online food ordering platform. The Founded in 1951, Dalmia Bharat Sugar and Industries Limited is primarily engaged in the company’s platform enables to order food online from various restaurants. It operates sugar business in India and internationally. The company operates through Own in various countries in South America, Asia, Eastern Europe, and Africa. Manufactured Sugar, Power, and Others segments. The Own Manufactured Sugar Deal Participant – Target segment manufactures and markets sugar, as well as produces molasses. Founded in 2011, Entrega Delivery provides an online food delivery service. Deal Participant – Target Deal Value Undisclosed N. A. Deal Value Synergy Benefits ` 243 Mn It’s a strategic investment in order to enhance their presence in the strategic cities of Synergy Benefits Campinas and Belo Horizonte. 12 It’s a strategic Investment. Mergers & Acquisitions Deals August – October 2014

Flipkart Makes Strategic Investment In Ngpay Affle Acquires App Development Firm Appstudioz Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2007, Flipkart Online Services Pvt. Ltd. operates an online shopping Fonded in 2005, Affle Limited, a mobile media company, delivers solutions that enhance Website in India. It provides books, movies, music, games, consoles, gaming the user experience on mobile messaging. It offers Pinch Messenger, a messaging accessories, mobiles, mobile accessories, cameras, camera accessories, computers, platform that enables users to chat with friends, find new friends, access locations computer accessories, network components, software, peripherals, home and kitchen services, and participate in social contests appliances, TV and video products, and personal and health care products. Deal Participant – Target Deal Participant – Target Founded in 2011, AppStudioz Technologies Pvt. Ltd. designs and develops mobile Founded in 2003, JiGrahak Mobility Solutions (P) Ltd. provides mobile commerce applications in categories such as consumer, enterprise, mobile gaming, healthcare, services in India. It offers ngpay, a mobile commerce platform that enables users to navigation, media, augmented reality, and 3D gaming. buy air and rail tickets, pay bills, make hotel reservations and payment, and buy movie Deal Value tickets, as well as to shop, gift, bank, and transfer funds. Undisclosed Deal Value Synergy Benefits Undisclosed This acquisition will allow Affle to position itself as an end-to-end mobile marketing Synergy Benefits solution for publishers, advertisers and agencies. It’s a strategic investment.

Publisher S Chand Acquires Saraswati House Dewan Housing Finance Acquires Stake In Pramerica Mutual Fund Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1937, S. Chand & Company Pvt. Limited publishes, distributes, exports, Founded in 1984, Dewan Housing Finance Corporation Limited provides housing finance and sells books. It is engaged in the publishing of competitive examinations and to retail customers for construction or purchase of residential property. It offers home reference books, technical and professional books, KG to 12th school books, higher loans, which include home improvement loans, home construction loans, home academic books and educational CDs. It also offers digital learning solutions for extension loans, home loans for the self employed, plot loans/land loans, plot + government and private schools and engineering colleges through joint ventures construction composite loans, home loans for transfer, and home loans for non resident Deal Participant – Target Indians; and non-housing loan products, such as loans against property, lease rental Founded in 1950, Saraswati House (India) Pvt. Ltd. publishes and distributes financing, purchase of commercial premises, and top-up loans. educational books in India. It offers school books, competition books, regional and Deal Participant – Target foreign language books, general books, practice materials, and resource and help Founded in 2010, Pramerica Mutual Fund - Pramerica Large Cap Equity Fund is an open books. It publishes books in English, Hindi, Sanskrit, Tamil, Kannada, Malayalam, ended equity mutual fund launched by Prudential Financial, Inc. The fund is managed by Bengali, Marathi, and Punjabi languages, as well as in French, German, Spanish, and Pramerica Asset Managers Private Limited. It invests in public equity markets of India. Japanese languages. The fund primarily invests in growth and value stocks of large cap companies operating Deal Value across diversified sectors Undisclosed Deal Value Synergy Benefits ` 244.92 Mn. With this acquisition education publishing group Saraswati House will be renamed as Synergy Benefits New Saraswati House (India). It is a part of Strategic investment made by company. It’s a strategic Investment that will help them to strengthen their network the market.

US-based Cigital buys IDG-backed SaaS security testing firm iViZ dMACQ acquires 40% in payroll management solutions firm Aspire Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1992, Cigital, Inc., a consulting firm, provides software security services Founded in 2011, dMACQ Software Pvt Ltd. provides IT solutions for buy-side mergers and solutions for public and private organizations in the United States and and acquisition (M&A), sell-side, growth fund seekers, capital market transactions, internationally. It offers cloud-based services to assess software security threats and carve-outs, strategic alliances, licensing arrangements, etc. applications. Its solutions application vulnerabilities, including network penetration testing, dynamic application include dMACQ ERP, a customized enterprise resources planning application; dMACQ security testing, static application security testing, mobile software security testing, DMS, a document/content management system that packs functionalities to security architecture survey, threat modeling, secure remediation helpdesk, and consolidate all document and content management on to one single platform; and vendor assessments; application development services; and architecture analysis, dMACQ Digitization solutions that range from imaging to data entry to digital and security architecture surveys, threat modeling, and architecture risk analysis services. physical document retrieval. Deal Participant – Target Deal Participant – Target Founded in 2004, iViZ Techno Solutions Pvt. Ltd., an information security company, Founded in 1981, ASPIRE, Inc. provides automotive training programs and materials for provides cloud-based application penetration testing solutions for protecting inspection, repair, and emissions. The company offers diagnostic and repair assistance, networks and applications from critical threats. It offers business logic vulnerability technical research and development, and database information and marketing services, testing services; iViZ On demand Cloud portal that enables users to test their as well as technical assessment, education, and support services. It also provides applications; application vulnerability/penetration testing services; application courses for core services task assessment, including HVAC series, hydraulic brakes, and penetration testing during every release; and reports in areas. suspension and steering, as well as battery, starting, and charging Deal Value Deal Value Undisclosed Undisclosed Synergy Benefits Synergy Benefits This acquisition enables Cigital to deliver the most flexible and scalable dynamic With this transaction, dMACQ will be able to offer pan-India digitisation solution application software testing-as-a-service in the market capabilities, including imaging services and software/technology-enabled data capturing. It was part of company’s expansion strategy.

BIBA Apparels Picks Up Stake In Anjuman Brand US IT Consultant Brillio Acquires Analytics Startup Marketelligent Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1986, Biba Apparels Pvt Ltd. designs and manufactures ethnic wear for Brillio women and girls. The company offers outfits, such as anarkalis, churidar, kurtas, Deal Participant – Target salwar, kameez, and dupattas. It provides its products through stand-alone stores and Marketelligent was founded in 2007 by Roy Cherian and Anunay Gupta and serves as an multi-brand outlets, as well as online. analytics consultant to players across sector including Retail Banking & Consumer Deal Participant – Target Finance, Consumer Packaged Goods & Retail , Customer Relationship Management Incorporated in 2014, Anjuman Brand Designs Private Limited designs, manufactures, (CRM), and Media. and sells apparel and accessories. It operates under the brand name ANJU MODI. Deal Value Deal Value Undisclosed Undisclosed Synergy Benefits 13 Synergy Benefits It’s a strategic Investment This deal will help BIBA Apparels to expand its distribution network and strengthen it . Mergers & Acquisitions Deals August – October 2014

UK's New Call Telecom Acquires Majority Stake in Instant Messenger Nimbuzz Times Internet Buys Personal Finance Portal MoneySights Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2010, New Call Telecom Ltd. provides broadband telecommunication Founded in 1999, Times Internet Limited, an Internet network, operates a portfolio of services in the United Kingdom. The company offers home phone and broadband Web and mobile properties. The company provides clients with opportunities to reach services to residential customers; and broadband, voice, and voice over Internet viewers worldwide by operating various Web properties in the domain of news, protocol services to business customers. It also provides international calling services entertainment, music, lifestyle, automobiles, email, blogs, etc.; and manages the digital through mobile applications and post-paid accounts to various destinations. video distribution and syndication to enable advertisers, publishers, and content Deal Participant – Target owners to reach the right audiences and create value for the content. Founded in 2006, Nimbuzz B.V. provides call, chat, and messaging applications for Deal Participant – Target mobile phones and Internet. Its mobile social communications platform combines Moneysights, founded in 2009, by ex employees of InMobi, Mukesh Kalra and Santosh instant messaging, contact aggregation, location/presence, and VoIP calling. The Nalvani, was a digital platform where one could buy and manage investment products. company offers Nimbuzz PC, which gives a client with low-cost calls, instant In 2012, however, the platform had to close its operations due to lack of funding. messaging, social networks, movies and photos sharing, and music sharing; Nimbuzz Moneysights had earlier raised funds from Prasad Duvvuri, a senior executive with HP & for Mac, which provides low international calls, instant messaging, and friends IBM, Blume Ventures & in Mobi’s Naveen Tewari in June 2011. connection; Deal Value Deal Value Undisclosewd $ 175 Mn Synergy Benefits Synergy Benefits It’s a strategic Investment It’s a strategic Investment

Intertek India Sells Mineral Business to Dr Amin Controllers Kellton acquires Virginia-based recruitment services firm Vivos Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1975, Dr. Amin Controllers Pvt. Ltd. provides commodity control, collateral Founded in 1993, Kellton Tech Solutions Limited, a software services company, provides and terminal management, marine, engineering, and laboratory services in India and consulting, systems integration, and outsourcing solutions worldwide. The company internationally. The compadny specializes in agro/engineering inspection, marine and offers enterprise solutions, application development and management, Internet and insurance survey, collateral/stock management, and laboratory testing services for emerging technologies, information management, and mobility solutions. Its products clients, such as multinational and mid-cap companies, aid institutions, agro include Kellton Tech Mobility Platform, a location-based application platform to manage foundations, trade associations, and governments. mobile work-forces, mobile resources, and out-door industry processes; Kellton Tech Deal Participant – Target Location-Based Promotion Platform, a mobile application that enables retail, hotel, Incorporated in 1997, Intertek India Private Limited offers quality control services banking including petroleum, fuel, chemical testing, and inspection services. Deal Participant – Target Deal Value Vivos Professional Services, LLC provides recruitment solutions. Undisclosed Deal Value Synergy Benefits Undisclosed This acquisition will further strengthen Dr Amin Controllers Pvt. Ltd. portfolio in the Synergy Benefits country. This acquisition will help Kellton Tech Solutions Limited expand in the growing health and life sciences services segment in the US markets.

IMImobile acquires UK-based mobile messaging platform TextLocal for up to $16.6M Panasonic buys out Obul Reddy’s 17% stake in listed arm, to make delisting offer Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1999, IMImobile Pvt Ltd. provides mobile and online technology platforms Founded in 1918, Panasonic Corporation manufactures and sells various electronic and and content services to mobile operators and media companies in India and electric products under the Panasonic brand name worldwide. It provides digital AV internationally. The company's product portfolio includes a service delivery platform, products, including flat TVs and projectors, Blu-ray disc players and recorders, Blu-ray a mobile advertising platform, carrier grade messaging platforms and gateways, disc theaters, DVD players and recorders, DVD home theaters, digital cameras, digital applications for data services, music download and video streaming, and voice video cameras, dual cameras, accessories, and other products; mobile phones; home platforms. communication products; and car AV and navigation systems. Deal Participant – Target Deal Participant – Target Founded in 2005, Txtlocal Ltd. provides business mobile messaging services for various Founded in1988, Panasonic Appliances India Company Limited manufactures and sells businesses ranging from SMEs to multinational corporations across various sectors of household appliances in India. The company offers consumer products including commerce. It enables clients to send text messages online, receive text messages television (TV), such as 3D, LED, and LCD TVs; mobile phones; cameras and camcorders; online, receive replies to texts online, create vouchers and mobile tickets, send and audio and video products comprising home theatre systems, Blu-ray, DVD, portable receive texts through a mobile application, attach files to texts, attach forms and audio products, and accessories; and home appliances, including microwave ovens, surveys to texts, create free mobile Web pages, Email to SMS text gateway, send MMS refrigerators, small appliances, vaccum cleaners, washing machines, air purifiers, and multimedia picture and audio messages, and receive MMS picture and audio water purifiers. messages. Deal Value Deal Value Undisclosed ` 102.1 Cr Synergy Benefits Synergy Benefits It’s a strategic Investment It’s a strategic Investment and will help IMImobile to enhance its network.

14 Mergers & Acquisitions Deals August – October 2014

Future Lifestyle Buys Majority Stake in Elisir Lifestyle PayUMoney Buys Mobile PoS Payment Provider Eashmart Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2012, Future Lifestyle Fashions Limited operates as an integrated fashion Established in 2011, PayUMoney is India’s best online payments solution company. company in India. The company primarily operates retail stores under the Central PayU India is a payment gateway aggregator & provides online payment solutions name; youth fashion stores under the IamIN name; outlet stores under the Brand through- Credit /Debit Cards/Netbanking/Cash Cards/Airtel money. PayU also provides Factory name; and a multi-brand sportswear and sports goods chain under the Planet IVR & Mobile payment solutions. Sports name, as well as owns a fashion brand all that offers plus size clothing. Deal Participant – Target Deal Participant – Target Founded in 2011, Cobboc Pvt. Ltd. develops Eashmart, a mobile payment system that Elisir Lifestyle is engaged in business of manufacturing, supply and distribution of enables users to make card payments via their smartphones. footwear and accessories in India. Deal Value Deal Value Undisclosed Undisclosed Synergy Benefits Synergy Benefits With this acquisition now Eashmart will be part of PayUmoney and with this It’s a strategic Investment PayUmoney can leverage the skillset of employees of Eashmart who are now part of PayUmoney, Clients and Technology. It was part of expansion strategy of the company.

Trivitron Healthcare Buys Kiran Medical, Imaging Products India Amulya Leasing Buys Additional Stake In Apollo Pipes Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1997, Trivitron Healthcare Private Limited designs, develops, and Founded in 1985, Amulya Leasing and Finance Limited operate as a non banking finance manufactures medical technology products for customers in India and internationally. company in India, engaged in financing and sale and purchase of shares. It was founded The company manufactures products across in–vitro diagnostics, new born screening, in 1985 and is based in New Delhi. patient monitors, imaging, intensive care, and operation theatres. It offers critical care Deal Participant – Target and life support solutions. Founded in 1999, Apollo Pipes Limited manufactures and exports unplasticized Deal Participant – Target polyvinyl chloride (uPVC) pipes. It offers PVC pipe products, such as pressure pipes, Founded in 1974, Kiran Medical Systems Limited provides imaging accessories and including uPVC, ring fit, and self fit/socket fit pipes; casing, column, and plumbing pipes; radiation protection products for medical facilities in India and internationally. It offers and SWR pipes and fittings. The company also provides polyolefin piping systems, such radiation protection apparel for interventional radiology and cardiology procedure, CT as HDPE piping systems, sprinkler pipes, and cable ducts. lab, surgery, and general radiology applications; CT radiation shields for localized Deal Value protection during CT procedures; radiation protection gloves; anti-scatter grids; and Undisclosed cassettes and screens. Synergy Benefits Deal Value With this, Amulya Leasing and Finance Limited has increased its holding to 50.96 per Undisclosed cent stake in Apollo Pipes from 30.96 per cent and Post the acquisition, Apollo Pipes has Synergy Benefits been renamed as Apollo Irrigation Systems Ltd. This Acquisition was part of Trivitron’s expansion strategy.

Binatone Group Acquires Connovate Technology DaVita buys stake in primary & multi-specialty care chain Express Clinic Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1970, Binatone Electronics International Limited supplies telecom Founded in 1994, DaVita HealthCare Partners Inc. provides kidney dialysis services for products and other electronic equipments. patients suffering from chronic kidney failure or end stage renal disease. It operates Deal Participant – Target kidney dialysis centers and provides related lab services primarily in outpatient dialysis Founded in 2012, Connovate Technology Pvt Ltd., a design engineering and product centers and in contracted hospitals. The company offers outpatient, hospital inpatient, solutions company, focuses on product design and development for consumer and home-based hemodialysis services. electronics and home automation markets. It offers product development, research Deal Participant – Target and development, and additional skilled resources to complete product design and Founded in 2011, Express Clinics Pvt. Ltd. provides general, specialist, and super development. The company also provides wearable smart devices, personal wellness specialist consultation services. The company also provides pathology, radiology, gadgets, smart consumer electronics, and cloud enabled monitoring and surveillance diagnostics, and health checks services. It offers corporate services, such as pre solutions. employment health check up, annual health check up, and drug screening services; and Deal Value insurance/TPA services, including pre insurance health check up, and home visit and Undisclosed collection services. Synergy Benefits Deal Value With this acquisition, the company will merge with Binatone’s subsidiary called Undisclosed Hubble Connected Ltd and embed Hubble’s platform for all Internet-enabled devices. Synergy Benefits In addition to this, Connovate will have access to Binatone’s shelves in 1,500 stores in This acquisition was part of DaVita expansion strategy. the US and 1,000 in Europe and boost sales at least 10 times.

Germany's B2X Care Solutions Buys Apple Service Provider the Service Solutions L&T Infotech Buys Pune Based ISRC Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2006, B2X Care Solutions GmbH provides customer care solutions for Larsen & Toubro Infotech Limited offers information technology (IT) solutions and electronic devices to manufacturers, insurance providers, mobile network operators, services. The company's products include Unitrax, a SaaS-based transfer agency record and retailers in Germany and internationally. It offers customer care for consumer keeping platform and AccuRUSI, a property and casualty (P&C) commercial lines electronics manufacturers, consumer electronics retailers, insurance providers for underwriting solution. Additionally, it offers application development, application consumer electronics, and mobile network operators. maintenance and support, application outsourcing, system integration, testing, Deal Participant – Target consulting, enterprise integration, and mobility services. Founded in 2009, The Service Solutions offers Service support for Apple Products at Deal Participant – Target authorized locations (19 operational locations), selling accessories for Apple products, Founded in 1995, Information Systems Resource Centre Pvt. Ltd. develops and supplies Apple Protection Plans and Sale of Apple product. Apart from being the authorized software for operations and functions of companies. service provider for Apple, TSS also provides managed care services to smartphone Deal Value manufacturers including @Micromax_Informatics_L, D-Link, HCL Infosystems, Voltas Undisclosed Limited, Fly Mobiles, and AnyData Technologies. Synergy Benefits Deal Value This Acquisition allows UTC Building & Industrial Systems’ IT organization to focus on Undisclosed supporting the company’s core businesses while allowing ISRC and its employees to Synergy Benefits grow and serve its customers under the new ownership This deal will help B2X Care Solutions to penetrate in Indian Markets 15 Mergers & Acquisitions Deals August – October 2014

MPS Limited Acquires American Content Creator Electronic Publishing Services Ipca Labs Acquires Alpa Laboratories' Oral Solid Dosage Manufacturing Plant Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1892, MPS Limited provides typesetting and data digitization services for Founded in 1949, Ipca Laboratories Limited manufactures and supplies pharmaceutical publishers in India, Europe, the United States, and internationally. The company offers formulations and active pharmaceutical ingredients for various therapeutic segments in book and journal publishing solutions, including typesetting and XML workflows; India. It offers branded and generic formulations in various dosage forms, including oral onshore and offshore copyediting, proofreading, and indexing; artwork creation; and solids and liquids, dry powders for suspension, and liquid and dry injectables. The journal project and issue, book project, and onshore project management services. It company provides formulations for various therapeutic areas. also provides technology solutions, such as MPS applications; MPSTrak, an intelligent Deal Participant – Target MPS hosted platform for production tracking of journals, books, and reference works; Founded in 1988, Alpa Laboratories Limited manufactures and markets pharmaceutical ContentStore, an e-publishing solution for hosting, promoting, and distributing finished dosage forms to various pharmaceutical companies primarily in India. The content; and Instant BookStore. company offers its products formulations in various finished dosage forms, including Deal Participant – Target liquid injections, dry injections, tablets, capsules, eye drops, ear drops, ointments, (EPS), a New York-based firm with interests in content creation, art rendering, design creams, and gels for human use; and boluses, injections, and intra-mammary infusions and production. It mainly caters to the higher education and professional publishing for veterinary use. It provides products in various categories. markets. Deal Value Deal Value ` 717.1 Mn Undisclosed Synergy Benefits Synergy Benefits The acquisition is a forward integration of the hormonal API’s of IPCA’s manufactured at The deal will allow MPS to strengthen its foothold in North America and enrich their its Nandesari plant with hormonal formulations to the global markets. portfolio in the educational publishing market.

Nihilent Technologies Buys US Tech Firm GNet Group Minda Corp Acquires Majority Stake In JV Minda Furukawa Electric (stake – 2%) Deal Participant – Acquirer Deal Participant – Acquirer Founded in 2000, Nihilent Technologies Pvt. Ltd. operates as a consulting and Founded in 1958, Minda Corporation Limited manufactures auto components and solutions integration company. Its services include software application development; accessories primarily in India. The company offers mechanical and electronic security technology re-engineering; enterprise application integration; customer relationship systems, door systems, electronic controllers for electric vehicles, and plastic interiors, management and enterprise resource planning; data warehousing and business as well as provides die casting parts and surface finishing parts for auto and consumer intelligence; application maintenance; managed services and IT support; testing, and durable industries. verification and validation; Deal Participant – Target Deal Participant – Target Founded in 1884, Furukawa Electric Co., Ltd. manufactures and sells telecommunication Founded in 2005, GNet Group, LLC, a services and solutions company, provides IT- products, energy and industrial products, electronics and automotive systems, and related solution delivery and support services for computers and electronics, metal and light metal products in Japan and internationally. The company’s education, energy and utilities, financial service, food and beverage, healthcare, Telecommunications segment offers optical fiber cables, metal communication cables, insurance, manufacturing, non-profit, real estate and construction, retail, semiconductor optical devices, electronic appliance wires, optical components, network telecommunications, transportation, and wholesale and distribution industries. It equipment, optical fiber cable accessories and installations, CATV systems, radio offers business intelligence, Sharepoint, digital marketing, governance and planning, products, etc. sites, forms, workflows and automation, record management, deployment and Deal Value infrastructure management. Undisclosed Deal Value Synergy Benefits Undisclosed Minda wanted to increase its holding so it has purchased the stake from the company. Synergy Benefits This acquisition will help Nihilent enhance its expertise in business intelligence and software application development, especially in the American region

Japan's Sumitomo Group acquires auto leasing unit of Carzonrent Germany's Dachser buys AFL's stake in freight forwarding JVs in India, Thailand Deal Participant – Acquirer Deal Participant – Acquirer Founded in 1919, Sumitomo Corporation is engaged in trading goods and Flunded in 1930, DACHSER GmbH & Co.KG provides logistics services in Europe and commodities worldwide. Its Metal Products segment sells steel products, including internationally. The company transports LTL freight, such as pallets, crates, entire steel sheets, tubular products, etc.; and non-ferrous metal products comprising machines, or components; consolidated freight; and partial and full truck loads. It offers aluminum, titanium, etc., as well as processes steel sheets, tubular products, and non- food, air and sea, chemicals, do-it-yourself, cargo, business-to-consumer, information, ferrous metals. The company’s Transportation & Construction Systems segment offers contract, and project logistics, as well as foreign trade compliance and warehousing products and services related to ship, aerospace equipment, railway and other services. transportation systems, automobiles, motorcycles, construction and mining Deal Participant – Target equipment, forest machines, and industrial vehicles. This segment is also involved in Founded in 2006, AFL Dachser Pvt. Ltd. operates as a subsidiary of DACHSER GmbH & automobile leasing and financing operations. Co.KG. Founded in 1981, Sumitomo Mitsui Auto Service Company, Limited provides vehicle Deal Value leasing services. Its business activities include the lease and installment sale of various Undisclosed automobiles and vehicles; operations related to maintenance, repair, and inspection Synergy Benefits of various automobiles and vehicles; purchase and sale of used automobiles and It’s a strategic partnership and a Joint Venture vehicles; financial operations; and other business operations. Deal Participant – Target Founded in 2000, Carzonrent (India) Private Limited provides personal ground transportation services in India. It offers airport transfer, chauffeur drive, self drive, limousine, operating lease, driving holiday, corporate travel, and international booking services. The company also provides long and short term car rental solutions through its fleet of cars. Deal Value Undisclosed Synergy Benefits This acquisition was a part of Sumito’s overseas expansion plan in the Asia-Oceania region. It is already present in Thailand and Australia in the region 16 Summary of Mergers & Acquisitions Update

No. of PE/Vc Deals by Sector Consultants 1% 1% 1% Education 3% 3% Engineering 3% Food & Beverages 5% 1% Health Care Hotel & Hospitality IT/ITES 11% Infrastructure Logistics 42% Manufacturing 1% 3% Manufacturing & Engineering Media & Entertainment NBFC 12% Oil & Gas Petroleum 5% 4% 1% 1%

No. of M&A Deals by Size 4% 5% (Rs Crore) Undisclosed 15% 0-100

100-500 76% 500 & Above

17 PE/VC Update Snapshot of PE / VC Update for August 2014

Investor Fund Target Sector Stake Size August Capital MyDoc Private Limited Others N. A. N. A. Kalaari Capital Attero B.V. Others N. A. ` 6000000 Draper Fisher Jurvetson Cr Granite Hill Capital Partners Tiger Global Management, LLC Bharti Softbank Holdings Pte. Ltd Others N. A. `400 Cr Undisclosed PriceBag.com Others N. A. ` 12000 Cr Accentium Web Pvt Ltd Khosla Ventures Theatro Others N. A. ` 30000 Cr Ratan Naval Tata GBE Snapdeal.com Others N. A. N. A. Milestone Capital Advisors Pvt. Ltd Acron Logistics N. A. ` 9000 Cr Datavision Systems Private Limited Holisol Logistics Private Limited Logistics N. A. ` 9 Cr SAIF Partners Manpasand Beverages Ltd Food & Beverages N. A. ` 30000 Cr Aditya Birla Private Equity Fund Undisclosed Play It Interactive Others N. A. ` 6600 Cr Sequoia Capital TinyOwl Technology Pvt Ltd IT/ITES N. A. ` 18 Cr Nexus Venture Partners Undisclosed Orane Labs Private Limited Others N. A. ` 61 Cr Accel Partners Taxiforsure Others N. A. `183 Cr Bessemer Venture Partners Undisclosed Press Play Pvt. Ltd Others N. A. ` 0.305 Cr Avendus PE Investment Advisors Avendus Special Situations NBFC N. A. N. A. Private Limited Strategy-II Fund portfolio Undisclosed Lybrate, Inc Others N. A. ` 7. 503 Cr SEAF Guha Roy Food Joint & Hotel Food & Beverages N. A. N. A. Private Limited Mr. Taher Khorakiwala Examify Education N. A. ` 50 Lac Opes Impact fund Boond Others N. A. N. A. Kin Advisors ft2acres Pvt Ltd Others N. A. N. A. Matrix Partners Hearing Plus Others N. A. N. A. Angel Prime Synup IT/ITES N. A. ` 5 Lac LetsVenture FlipClass Education N. A. ` 91.5 Cr Unocoin NBFC N. A. ` 1.525 Cr Falcon Edge Capital, LP foodpanda GmbH Food & Beverages N. A. ` 366 Cr Rocket Internet AG IvyCap Ventures Leixir Lab Group Healthcare N. A. ` 1525 Cr Kalaari Capital Vyome Biosciences Pvt Ltd Pharmaceuticals N. A. ` 48 Cr Aarin Capital Mr. Girish Turing Research Labs Pvt Ltd. Others N. A. ` 3 Cr Senior Marketing System Asia Pte. Ltd. HelpingDoc Private Limited Healthcare N. A. ` 610 Cr Inventus Capital Partners MoveInSync Technology Others N. A. ` 24.4 Cr QUALCOMM Ventures Solutions Pvt Ltd.

19 Snapshot of PE / VC Update for August 2014

Investor Fund Target Sector Stake Size Sequoia Capital India Druva Software Pvt. Ltd. IT/ITES N. A. ` 152.5 Cr Tenaya Capital Nexus Venture Partners Bay Capital Partners, LLC AntFarm Others N. A. N. A. Hausela Capital Partners Ltd SAIF Partners Capital Float NBFC N. A. ` 6.1 Cr Unilazer Ventures Indus Insights Consultants N. A. N. A. Omnivore Partners SkyMet Others N. A. ` 27.45 Cr Matrix Partners WAH Holidays Private Limited Others N. A. N. A. The Xander Group Inc. Supertech Limited Real Estate N. A. ` 396.5 Cr Mr. Neeraj Arora GOQi Others N. A. N. A. Aimia Inc Fractal Analytics Limited Others N. A. N. A.

20 Snapshot of PE / VC Update for September 2014

Investor Fund Target Sector Stake Size Sarthi Angels Neopolitan Pizza Pvt. Ltd Food & Beverages N. A. N. A. Orios Venture Partners Ziffi.com Others N. A. ` 15 Cr German investor Paul Guire ArstaEco Pvt. Ltd Manufacturing N. A. ` 0.778 Cr Aspada Investments Allfresh Supply Management Others N. A. ` 122 Cr Private Limited 5ideas Inc. Telefusion Mobile TV Private Others N. A. N. A. Limited Asian Development Bank Petronet LNG Oil & Gas 5.20% ` 173.7 Cr SAIF Partners Speciality Restaurants Others 2% ` 14.4 Cr Limited Undisclosed Nilgai Foods Pvt Ltd Food & Beverages N. A. N. A. Tiger Global Management, LLC MaxHeap Technologies Pvt. IT/ITES N. A. ` 186 Cr Ltd Graduates from top colleges IvyCap Ventures Others N. A. ` 244.5 Cr including IIT and IIM’s. Matrix Partners Red Monster Games India Others N. A. N. A. Private Limited Matrix Partners Ver se' Innovation Pvt Ltd Others N. A. ` 100 Cr Omidyar Network Firstsource Solutions Limited Nanobi data and analytics IT/ITES N. A. N. A. private limited Former Infosys executives Clonect Solutions Pvt. Ltd., IT/ITES N. A. N. A. Balakrishnan and TV Mohandas Pai. Native Lead Foundation FreshNV.com Media & N. A. N. A. Rainstock w Entertainment Undisclosed India Life Sciences Fund II Pricate Equity N. A. ` 875 Cr Milestone Capital Partners LLP Undisclosed Pricate Equity N. A. ` 132 Cr Tiger Global Management, LLC Quikr India Private Limited Others N. A. ` 366 Cr Matrix Partners Nokia Growth Partners Kohlberg Kravis Roberts & Co. L.P. GMR Infrastructure Limited Infrastructure N. A. ` 1001.62 Cr Kalaari Capital Haptik, Inc. Others N. A. ` 6.1 Cr Orios Venture Partners PrettySecrets Others N. A. ` 12.2 Cr India Quotient Funzio, Inc Undisclosed Others N. A. ` 2.5 Cr

21 Snapshot of PE / VC Update for September 2014

Investor Fund Target Sector Stake Size India Quotient Novelroots Internet Pvt Ltd NBFC N. A. N. A. Bedrock Ventures 500 Startups TargetingMantra Others N. A. ` 6.71 Cr Kalaari Capital Power2SME NBFC N. A. N. A. Inventus Capital Partners Accel Partners Mr. Rajan Anandan Phantom Hands Vintage Others N. A. N. A. Ravi Shah - head of a pharma Collectibles LLP company, Rehan Khan- director of Mumbai- based design firm Mind’s Eye Creative, Amit Malik - London-based psychiatrist

International Finance Corporation Idea Cellular Limited Others 0.80% ` 389 Cr provides Helion Venture Partners, LLC Supermarket Grocery Others N. A. ` 200 Cr Zodius Advisors India Private Supplies Pvt. Ltd. Limited Undisclosed Protract Consulting Private Education N. A. N. A. Limited Mr. Ratan N. Tata BlueStone Others N. A. N. A.

22 Snapshot of PE / VC Update for September 2014

Investor Fund Target Sector Stake Size Undisclosed Expedient Healthcare Health Care N. A. N. A. Marketing Pvt. Ltd Undisclosed Mr. Amit Goenka Others N. A. ` 400 Cr Omidyar Network Thirumeni Finance Private NBFC N. A. ` 27 Cr Elevar Equity Limited Clearwater Capital Partners, LLC Dolphin Offshore Others 6.53% N. A. Enterprises (India) Limited Nexus Venture Partners Lybrate, Inc. Others N. A. ` 7.503 Cr Indian Angel Investors: Nitin Jain FarEye Others N. A. ` 2 Cr & Piyush Chawla IvyCap Ventures eShakti.com Pvt Ltd Others N. A. N. A. IDG Ventures American International Group, LeapFrog Investments NBFC N. A. ` 2440 Cr Inc. Alliance Trust PLC AXA Group RGA Reinsurance Company Zurich Insurance Group AG Peepul Capital LLC Ecom Express Private Others N. A. ` 100 Cr Limited Undisclosed The Carlyle Group LP NBFC N. A. ` 23790 Cr Nexus Venture Partners SSN Logistics Private Logistics N. A. ` 212 Cr Times Internet Limited Limited Sarthi Angels M.R. Organisation Limited Manufacturing N. A. N. A. WestBridge Capital Partner, LLC Bajaj Electricals Limited Others N. A. ` 43.8 Cr Providence Equity Partners LLC Idea Cellular Limited Others N. A. ` 1414 Cr Undisclosed Unitus Seed Fund LLC NBFC N. A. ` 42.7 Cr IDG Ventures MyNoticePeriod NBFC N. A. ` 122 Cr Other Participants: Prashant Kirtane - Ravi Gururaj of Frictionless Ventures. Shamsunder Talreja - owner of JetSet Capital Raghu Krishnananda - former Yahoo engineering leader Ravi Gururaj - Frictionless Ventures. CCube Angels Network Omnipresent Retail Pvt. Ltd Others N. A. N. A. International Finance Lucid Colloids Ltd Manufacturing N. A. ` 165 Cr Corporation Kohlberg Kravis Roberts & Co. GMR Holdings Private Infrastructure N. A. ` 150 Cr L.P Limited

23 Snapshot of PE / VC Update for September 2014

Investor Fund Target Sector Stake Size Hareesh Ramanna - MD of Tydy Others N. A. ` 0.828 Cr BORQS Software, Nikhil Ramanlal - director of Atandra and a YEO member, Bhupen Shah - an angel investor from Silicon Valley Other Investors through Lets Venture.com Undisclosed Itz Cash Card Ltd Others N. A. Under ` 915 Cr Sequoia Capital India Accelyst Solutions Pvt. Ltd Others N. A. ` 2013 Cr Flipkart Online Services Pvt. Ltd. JiGrahak Mobility Solutions Others N. A. N. A. (P) Ltd Last Mile Parvata Foods Pvt. Ltd. FMCG N. A. ` 30 Lacs Culture Machine Media Pvt Zodius Advisors India NBFC N. A. N. A. Limited Private Limited

24 Snapshot of PE / VC Update for October 2014

Investor Fund Target Sector Stake Size iD Fresh Food (India) Pvt. Ltd Helion Venture Partners, LLC NBFC N. A. ` 35 Cr Kickstarter, Inc. MindHelix Technosol Pvt Ltd. Others N. A. Under ` 73 Lacs Bertelsmann India Investments iNurture Education Solutions Education N. A. ` 30 Cr Limited Sequoia Capital India ZoomCar India Private Ltd Others N. A. ` 48.8 Cr Other Investors: Infosys CFO Mohandas Pai and Manipal Group's head of corporate affairs Abhay Jain. Kima Ventures AdPushup Software India Others N. A. ` 3.8552 Cr Other investors: Paras Chopra Private Limited (Founder, Wingify/VWO), Amit Ranjan (Co-founder, SlideShare)

The Michael and Susan Dell Edutel Technologies Private Education N. A. ` 12.4 Cr Foundation Limited Aspada Investments Xamcheck Others N. A. ` 11 Cr India Quotient 91mobiles.com Others N. A. ` 6.1 Cr Mandala Capital Ltd. Gati Kausar India Ltd Others N. A. ` 150 Cr Superior Films Pvt, Ltd. Sterling Urban Others N. A. ` 60 Cr Housing Development Finance Developments Pvt. Ltd. Corporation Limited Warburg Pincus LLC Laurus Labs Private Limited Pharmaceuticals N. A. ` 555 Cr develops The Michael and Susan Dell Kinara Capital NBFC N. A. N. A. Foundation The IdeaWorks Company People10 Technosoft Private IT/ITES N. A. ` 10 Cr Limited SoftBank Corp Snapdeal.com Others N. A. ` 3824.7 Cr New York Life Investment Adlabs Entertainment Others N. A. ` 50 Cr Management LLC Limited Karan Bhagat – Managing Director GourmetltUP Others N. A. ` 1.83 Cr at IIFL Private Wealth Management Prabhat Awasthi - Managing Director at Nomura Atul Kumar - Founder of Genome Capital

The Indian Angel Network Lowdownapp Ltd. Others N. A. N. A.

25 Snapshot of PE / VC Update for October 2014

Investor Fund Target Sector Stake Size VentureNursery’s Angels: Instant Hotels Hotel & N. A. N. A. Amit Patni, Arihant Patni, Anand Hospitality Ladsariya, Arif Ali, Bharat Banka, Samir Shah, Neeraj Goenka, Ravi Kiran, Sanjay Mehta, Shravan Shroff, Vishal Maheshwari and Bhanu Chopra.

SoftBank Corp. ANI Technologies Pvt. Ltd Others N. A. ` 1281 Cr EIG Global Energy Partners Greenko Group plc Power & Energy N. A. ` 762.5 Cr Nirvana Venture Advisors KartRocket Others N. A. ` 12.2 Cr 500 Startups Bedrock Ventures Myrefers Others N. A. N. A. Bright Ventures PriceBurp Media Pvt. Ltd Others N. A. ` 61 Lacs Fidelity Growth Partners Europe Cygnus Medicare Pvt. Ltd Hotel & 53% ` 60 Cr Hospitality Seedfund V Resorts Hotel & N. A. ` 12.2 Cr Hospitality Mr. V. Balakrishnan Avekshaa Technologies Pvt. IT/ITES N. A. ` 25 Lacs Ltd Telstra Applications and Ventures AdNear Others N. A. ` 115.9 Cr Group Global Brain Corporation

26 Snapshot of PE / VC Update for October 2014

Investor Fund Target Sector Stake Size Neville Taraporewalla Timesaverz Dotcom Private Others N. A. N. A. Rajesh Sawhney – Founder of GSF Limited Accelerator include Ashish Jhalani - Founder at eTailing India Nitesh Kripalani - ex-Digital Business Head at Sony Entertainment Dinesh Agarwal - Founder of Indiamart Nish Bhutani - COO of Saffronart

Orios Venture Partners Sapience Analytics Pvt. Ltd. Others N. A. ` 45 Cr Srini Koppulu - former managing Sumiran Spiritual Services Others N. A. N. A. director of Microsoft India Private Limited Development Center, R Ramaraj - founder of Sify Suresh Babu - founder of Suresh Productions Amul Sanghai - Founder of Unicorn Group V Shankar - founder of Computer Age Management Services

Redbus cofounders - Phanindra Undisclosed Others N. A. ` 2.135 Cr Sama, Charan Padmaraju and P Sudhakar Matrimony.com’s co-founder - Murugavel Janakiraman Freshdesk co-founder - Girish Mathrubootham ex Google M&A Head for South Asia & Australia - Samir Sood

Warburg Pincus LLC CarTrade Others N. A. N. A. Canaan Partners Mr. Azim Hasham Premji Federal Signal Corporation Manufacturing N. A. ` 350 Cr Undisclosed GemPundit Others N. A. N. A. Ventureast Fund Advisors India Angels Health Private Others N. A. ` 61 Cr Limited Limited Indian Angles Zippr Others N. A. ` 6 Cr Undisclosed IDFC Private Equity NBFC N. A. ` 5500 Cr Catamaran Investment Pvt Ltd TD Power Systems Limited Power & Energy N. A. N. A. Indian Angel Tattva Others N. A. N. A. SAIF Partners Senco Gold Limited Manufacturing N. A. ` 80 Cr Matrix Partners GrownOut Solutions Pvt. Ltd Others N. A. N. A.

27 Snapshot of PE / VC Update for October 2014

Investor Fund Target Sector Stake Size Globevestor, Inc. Flinto Learning Solutions Others N. A. ` 1.8 Cr Private Limited Matrix Partners Alchemy Web Pvt Ltd. Others N. A. N. A. Other Investors: Umang Kumar - CEO Gaadi.com Ankur Singla - CEO, Akosha Ankur Warikoo - Head-APAC, Groupon Kunal Khattar and Anurakt Jain

QUALCOMM Ventures Birds Eye Systems Pvt. Ltd. Others N. A. N. A. Bharat Forge Impact Automotive Others 50 % 108 Cr

28 PE/VC Deals August - October

Ecommerce Logistics Firm Holisol Secures VC Funding Wearable Device Startup Theatro Raises Series A Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1992, Datavision Systems Private Limited handle software for large Founded in 2004, Khosla Ventures is a private equity and venture capital firm financial institutions and are responsible for large scale secure web based specializing in seed, start up, early venture, mid venture, late stage venture, emerging transactions. growth, and growth capital investments. The firm seeks to invest in sectors such as Deal Participant – Target energy efficiency; sustainability; education; medtech; storage; mobile; pharmaceuticals; Founded in 2009 by Mr. Manish Ahuja, Mr. Naveen Rawat and Mr. Rahul S Dogar, life sciences; computing; mobility; information technology; consumer; enterprise; Holisol Logistics Private Limited provides logistics management services for retailers in telephone equipment; advertising; financial services; sustainable energy and robotics; India and internationally. It offers consulting and solutions design for E-commerce health; wireless telecommunication services; mobile data services retailing, offline retailing, distribution modeling, transport packaging, feasibility studies, Deal Participant – Target logistics optimization, process design, process re-engineering, new logistics set-ups, Theatro develops and markets business applications for wearable computing devices for selection of best fit IT solution, and customs advisory. The company also provides the indoor mobile workforce. The company provides in-store mobile workforce retail fulfillment operations for online and offline retail, which include warehousing, communication and management solutions for the retail market. It offers Theatro cloud, inventory management, pick-up, customer delivery, distribution management, wearable computer, communication, in-door location, and analytics solutions. customer and supplier order management. Deal Value Deal Value $ 5 Mn $ 1.5 Mn

Bharti SoftBank’s P2P instant messenger Hike raises $65M from Tiger Global, Milestone Cap Exits ACORN Logistics others Deal Participant – Exit Fund Deal Participant – Investor Fund Founded in 2006, Milestone Capital Advisors Pvt. Ltd. is a real estate investment firm Tiger Global Management, LLC is an employee owned hedge fund sponsor. It specializing in turnaround investments. The firm seeks to invest in infrastructure and provides its services to pooled investment vehicles. The firm launches and manages real estate with a focus on education, healthcare, warehouses and logistics parks, and hedge funds for its clients. It invests in the public equity markets across the globe. The shipping sectors. It focuses on investing in Chennai, Mumbai, Pune and Bangalore. firm employs long/short strategy to make its investments. It uses fundamental analysis Deal Participant – Target to create its portfolio. The firm employs a combination of in-house and external Acorn Warehouses & Logistics Parks is the one of its kind, organized warehouse research to make its investments. It also manages private equity funds. Deal complex, committed to achieve optimization in overall logistics costs, efficient operations Participant – Target & better services in the clients supply chain operations, Acorn Warehouses would Founded in 2011, Bharti Softbank Holdings Pte. Ltd. offers mobile internet services leverage on the fast connectivity & strategic position for all logistics based companies such as social media, gaming, and e-commerce. including the time sensitive freight needs of clients by reducing transit time Deal Value Deal Value ` 400 Cr ` 1,500 Mn

Unilazer, Hive India Invest In Big Data Firm Indus Insights Online Food Delivery Portal Foodpanda Secures Fresh Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Unilazer Ventures is a private equity and venture capital firm specializing in early stage Founded in July, 2011 Falcon Edge Capital, LP is an employee owned hedge fund and late sate start-up investments in agriculture, healthcare, education, and e- sponsor. The firm primarily provides its services to pooled investment vehicles. It invests commerce sectors in India in the public equity markets across the globe with a focus on global emerging markets. The Hive India launched by Patni brothers is an early stage fund with focus only on Big The firm employs long/short equity strategy to make its investments. Data startups. Founded in 2007, Rocket Internet AG formerly known as Rocket Internet Gmbh is an Deal Participant – Target incubator and venture capital firm specializing in incubation, early-stage, and start-ups. Founded in 2009 by husband wife duo Saurabh Sharma and Neha M Sharma, Indus The firm invests in companies that operate in the technology sector with a focus on e- Insights is a specialized consulting firm that assists organizations in leveraging commerce, internet and mobile applications sectors. analytics to drive business performance. They creates value for its clients in various Deal Participant – Target functional areas, including marketing, customer-engagement, risk management, Founded in 2012, foodpanda GmbH operates an online food ordering platform. The operations, and others by using advanced analytics and big data approaches. company’s platform enables to order food online from various restaurants. It operates in Deal Value various countries in South America, Asia, Eastern Europe, and Africa. N. A. Deal Value $ 60 Mn

Ratan Tata Buys Into Snapdeal Price Comparison Engine PriceBag Secures Angel Investment Deal Participant – Investor Fund Deal Participant – Investor Fund Ratan Naval Tata GBE (born 28 December 1940) is an Indian businessman and Undisclosed chairman Emeritus of Tata Sons. He was the chairman of Tata Group, a Mumbai- Deal Participant – Target based conglomerate from 1991–2012. PriceBag.com is India's leading product discovery and price comparison engine for Deal Participant – Target online shopping. Founded in 2007, Accentium Web Pvt Ltd. owns and runs multiple Snapdeal.com is an online marketplace started by Kunal Bahl in 2010. Internet products, notable amongst them being, Gaadi.com – an auto portal and Deal Value SecondShaadi.com – site for second marriages. Undisclosed Deal Value $ 2 Mn

Dental Lab Leixir Raises Funds From IvyCap Ventures Manpasand Beverages Raises Funds From SAIF, Aditya Birla PE Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2011, IvyCap Ventures specializes in venture capital investments in Founded in 2001, SAIF Partners is a private equity and venture capital firm specializing growth stage and early stage micro and small and medium enterprises. It seeks to in incubation, seed, early-stage, late stage, and growth capital investments. The firm invest across all sectors with a focus on education, healthcare, energy, technology invests organically and through acquisitions. It may also invest in companies which are with a focus on mobile technology, food and agriculture based businesses, cyber undervalued relative to their long-term growth prospects and special situations. The firm security, rural space, and innovation. prefers to invest in business services, education services, consumer products and Deal Participant – Target services, clean energy, Internet, information, technology, media, telecom, financial Started by Harmeet Bindra, a BITS Pilani alumni and founder of Singapore-based IT services, natural resources. services firm Soltius Technologies, in 2012, Leixir Lab Group operates dental Founded in 2009, Aditya Birla Private Equity Fund specializes in later stage investments laboratories in United States and Canada. It offers dental restorations, including and growth capital to mature sectors and businesses. The fund also makes investments crowns and bridges, implants, implant surgical guides, advanced ceramic systems, in unlisted mid-market companies. The fund is sector – agnostic. and dentures to dentists worldwide. The company also provides fixed prosthesis, such Deal Participant – Target as ceramic crowns, cast crowns, metal ceramics, and other services; removable Founded in 2010, Manpasand Beverages Ltd produces and markets fruit juice. The prosthesis products, including orthodontics and night guards, dentures, partials, and company sells its product under the Mango Sip brand. denture and partial repairs; and cosmetic and restorative dentistry services Deal Value Deal Value ` 700 Mn ` 250 Mn 29 PE/VC Deals August - October

E-Waste Management Firm Attero Raises Series C Funding TaxiForSure Raises Fresh Funds From Existing InvestorsZ Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2006, Kalaari Capital is a venture capital firm specializing in early stage, Founded in 1983, Accel Partners is a private equity and venture capital firm specializing mid-stage, late venture, and seed/ start-up investments. It seeks to make Series A and in investments in incubation, seed, start-ups, early venture, mid venture, late venture, Series B investments. It typically provides initial capital to be utilized for customer emerging growth, later stage, and growth capital companies. The firm prefers to invest acquisition, market validation, product development, and hiring. The firm seeks to in information technology, cloud computing and storage technologies and infrastructure, invest in technology savvy companies and technology-enabled services for India and big data, next generation infrastructure and data-driven services, consumer and the global markets. business centric Internet, E-commerce media including digital media, energy, enterprise Established in 1985, Draper Fisher Jurvetson is a venture capital firm specializing in applications and infrastructure. seed, start-up, early, emerging growth, late venture, bridge, growth stage, and PIPES Founded in 1911, Bessemer Venture Partners is a venture capital firm specializing in investments in emerging markets. The firm primarily invests in consumer and investments in seed stage, early stage, start-up companies, early venture, hyper-growth enterprise information technology, commerce, cloud, enterprise, big data, bold new startups, late venture, emerging growth, and growth capital. technologies, energy, alternative energy resources, materials, clean technology, Established in 2006, Helion Venture Partners, LLC is a venture capital firm specializing consumer media and advertising, web broadcasts and cybercasts. in investments in early, mid, and late stage. The firm also selectively invests in seed Granite Hill Capital Partners, LLC is a venture capital firm specializing in investments stages. It invests in high growth technology powered businesses with a focus on in growth capital and mid stage companies. enterprise software, Deal Participant – Target Deal Participant – Target Founded in 1929, Attero B.V. processes domestic remnant, organic, mineral, and Founded in June 2011 by NIT-K and IIM-A alumni Aprameya Radhakrishna and commercial waste. It also operates waste-to-energy plants to generate electricity for Raghunandan G and funded by Accel Partners, Blume Ventures, and Helion Ventures, households. It produces gas for households and motor vehicles; produces and delivers Taxiforsure is a taxi aggregator aiming to be the country’s first choice to book a taxi. materials, such as composts for soil remediation in agriculture and horticulture and They operate in the burgeoning but hitherto unorganized radio taxi industry, which has fuels for power plants; and produces alternative fuel that is used as an alternative fuel the potential both to impact our daily mode of travel as well as the livelihoods of primarily in Germany and Scandinavia at power plants and in the cement and chalk thousands of operators and drivers. industry. Further, it offers ashes for road building as a foundation and elevation Deal Value material. $ 30 Mn Deal Value ` 1000 Mn

Canadian mobile content platform Play It Interactive raises $1.1M funding, to Travel Entertainment Startup Press Play Secures Angel Investment open office in Mumbai Deal Participant – Investor Fund Deal Participant – Investor Fund Undisclosed Undisclosed Deal Participant – Target Deal Participant – Target Founded in 2013, Press Play Pvt. Ltd. provides entertainment services on buses Founded by Cleveland, Play It Interactive provides a mobile content platform designed running around India. The company offers passengers traveling in inter-city buses with to engage sports fans in emerging markets. The mobile gaming startup delivers a personal high-definition screens (on a rental basis) that are pre-installed with a mix of connected gaming experience to both users on feature phones as well as Android movies, TV shows, music, documentaries, and games. It entertains passengers devices. traveling across Delhi, Bombay, Goa, Pune, Hyderabad, Manali, Jaipur, and Nagpur. Deal Value Deal Value $ 1.1 Mn $ 500 K

Online Relocation Service Aggregator EZMove Raises Angel Investment Avendus Fund II Makes Complete Exit From Portfolios Deal Participant – Investor Fund Deal Participant – Exit Fund Undisclosed Founded in 2009, Avendus PE Investment Advisors Private Limited is the private equity Deal Participant – Target arm of Avendus Advisors Private Ltd. specializing in investments in PIPES. It seeks to Founded in 2013, Orane Labs Private Limited operates an online relocation invest in turnarounds and middle market stages in the companies.The firm invests management platform EZMove for customers to choose pre qualified and reliable through both primary and secondary investments. It selectively invests in companies packers and movers in India. It specializes in residential relocation, industrial and undergoing special situations like corporate restructuring, entry into new businesses, commercial relocation, and domestic and international relocation, as well as car carrier step jump in profit margins, and turn-around cases etc. and vehicle transportation services. Deal Participant – Target Deal Value Avendus Special Situations Strategy-II Fund portfolio ` 10 Mn Deal Value N. A.

Location-based food ordering startup TinyOwl raises $3M funding from Sequoia, Weather Forecaster Skymet Raises Series B Funding Nexus Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2010, Omnivore Partners is a venture capital arm of Godrej Agrovet Limited Founded in 1972, Sequoia Capital is a private equity and venture capital firm specializing in early stage and start up investments. It will not invest in companies specializing in incubation, seed, start-up, early, and growth, emerging growth, mature, focused on agricultural real-estate, food and biofuel processing, food and beverages, mid-venture, late-venture, and PIPE investments in private and public companies. The wellness, organic, companion health, storage and logistics, and plant pharmaceuticals. firm seeks to invest in all sectors with a focus on energy, financials and financial The firm seeks to invest in companies operating agriculture and agri-tech sectors, with a services, healthcare and healthcare services, Internet, mobile, outsourcing, and focus on plant science, animal science, sustainable inputs technology. Deal Participant – Target Founded in 2006, Nexus Venture Partners is a venture capital firm specializing in start- Founded in 2003 by Mr. Jatin Singh, SkyMet Company provides weather-based ups, early stage, and early growth stage investments. It focuses on investments in business solutions to various organizations in India. It offers weather data, as well as sectors such as technology, consumer and business services, media, energy, graphics packaging to newspapers, television, radio, and the Internet; live on the spot agribusiness, outsourced services, Internet, rural sector, cloud, storage, infrastructure, data, satellite animations, three day forecasts, comfort indices, monsoon tracking, and big data analytics, data security, and mobile. cyclones warnings for extreme weather; and special fog updates from North-West India Deal Participant – Target in winter time. Incorporated in 2014, TinyOwl Technology Pvt Ltd develops an Android mobile Deal Value application for ordering food. The application shows the users’ locations and $ 4.5 Mn restaurants in their vicinity. It offers both card and cash-on-delivery payment options to customers Deal Value $ 3 Mn

30 PE/VC Deals August - October

SEAF India Invests In QSR Firm Guha Roy Food Joint & Hotel Matrix Partners Picks Up Stake In Hearing Plus Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1989, SEAF is an investment firm specializing in direct and fund of funds Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start up, investments. It focuses on private equity, venture debt, and venture capital early stage, late stage and growth capital investments. It primarily invests in software investments focusing on seed/startups, early, mid, late venture, and mature stages, and services, communications equipment, semiconductors, storage, Internet, and bridge and mezzanine financing, and growth capital investments for businesses in wireless sectors. The firm also seeks to invest in systems, online marketing, advertising, emerging markets and those underserved by traditional sources of capital. The firm mobile content and commerce, enterprise software, data services, web marketplaces, invests in small and medium sized enterprises (SMEs). online and offline gambling, innovative online retail models, online media, publishing, Deal Participant – Target consumer Internet, devices, energy, mobile, Internet infrastructure, networking. Founded in 2008, Guha Roy Food Joint & Hotel Private Limited operates as a Deal Participant – Target restaurant in Kolkata. The company offers various menu options. It also provides Founded in 2006 by Somenath Mukherjee along with 10 batchmates , Hearing Plus is a home delivery and online ordering services. unit of Bengal Speech & Hearing Private Limited (BSHPL) dedicated to audiology and Deal Value speech therapy N. A. Deal Value N. A.

Marketplace For Tutors FlipClass Raises Funds Through LetsVenture AngelPrime Invests In Local Listing Startup Synup Deal Participant – Investor Fund Deal Participant – Investor Fund Funded by Accel Partners in 2013 by Shanti Mohan, Sanjay Jha and Manish Singhal, Founded in 2011, Angel Prime is a venture capital firm specializing in incubation stage, LetsVenture is an online curated platform to connect startups and early stage investors early stage, seed, and startup investments in the middle. The firm typically invests in the to make fund raising easy for startups. scale hacking phase of a startup. It seeks to invest in mobile payments, e-commerce, Deal Participant – Target cloud based solutions, transaction systems, smart phone, and tablet phone applications Founded in 2013 by IIT-Kanpur graduate and former head of online services for Deal Participant – Target Pearson India, Vineet Dwived, FlipClass, a home-tutoring service company, connects Founded in 2013, Synup develops a cloud-based Software-as-a-Service marketing teachers to students in India. It offers background checked and trained tutors who platform for local marketing consultants, agencies, and brands to manage their online come to customers’ home and teach their child. presence Deal Value Deal Value ` 15 Mn ` 5 Lac

Online exam prep startup Examify raises fresh funding Boond Engineering Secures Investment From Opes Impact Fund, Others Deal Participant – Investor Fund Deal Participant – Investor Fund Mr. Taher Khorakiwala is the Founder and Chief Executive Officer at MeemAin Capital Opes Impact fund is the first international Italian impact investment fund targeting early- Advisors. He was a Partner at MESA+. Mr. Khorakiwala was leading the MESA+ stage ventures in East Africa and India initiative in India. Mr. Khorakiwala has been an Angel investor in India and the US, and Deal Participant – Target actively works with his companies to help them grow. Founded in 2012 by Rustam Sengupta, Boond provides training and skill development Deal Participant – Target to local rural entrepreneurs to promote, sell and service development products like Solar Examify operates an online education portal which offers students a question bank for Lamps and Home Systems, Water Filters, Water Pump, Mosquito Nets and Cookstoves. different examinations. Deal Value Deal Value N. A. ` 50 Lac

Local business recommendation platform Frilp raises $500K angel funding Healthcare Portal HelpingDoc Raises Series A Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Girish founded Freshdesk in 2010. Prior to founding Freshdesk, Girish was the VP of Incorporated in 2013, Senior Marketing System Asia Pte. Ltd., through its subsidiaries, Product Management at ManageEngine, a division of Zoho Corp, where he was provides information infrastructure for the nursing care, health care, and active senior responsible for setting worldwide product strategy and overseeing product marketing, field business areas in Japan. product management, and customer support. Deal Participant – Target Deal Participant – Target Founded in 2011, HelpingDoc Private Limited operates a platform that enables users to Founded in 2013, Turing Research Labs Pvt Ltd. operates an online platform that book doctors online. The company’s platform allows healthcare providers to connect to enables people to discover and share information within trusted members of one's their patients; and patients to find, choose, and book instant appointments with their network. chosen healthcare provider in various specialties. Deal Value Deal Value ` 3 Cr ` 100 Mn

Kin Advisors Invests In ft2acres, HEd Ex Online Doctor Directory Lybrate Raises Fresh Funds Deal Participant – Investor Fund Deal Participant – Investor Fund Kin Advisors is a venture capital firm specializing in startup investments. It primarily Undisclosed invests in real estate advisory and education sector. The firm also provides advisory Deal Participant – Target services. Founded in 2013 by Saurabh Arora , Vispi Daver and Sandeep Singhal, Lybrate, Inc. Deal Participant – Target operates an online portal for booking appointments with doctors. The portal enables Founded in 2013, ft2acres Pvt Ltd. is an investment management and professional them to manage appointments, records, expenditures etc. services company. It offers real estate advisory services; and property search Deal Value services, as well as helps individuals in identifying and acquiring properties for their $ 1.23 Mn residential and investment needs. Deal Value N. A.

Supertech raises $65M from Xander for upcoming Gurgaon project Bitcoin Opportunity Corp Invests In Unocoin Deal Participant – Investor Fund Deal Participant – Investor Fund The Xander Group Inc. is a private equity firm specializing in companies in Bitcoin Opportunity Corp infrastructure, hospitality, retail and real estate markets. It seeks to make real estate Deal Participant – Target investments in emerging markets. The firm seeks to invest in large township Founded in December, 2013 Unocoin, a Bangalore-based company that allows users to developments, mixed use city center projects, hotels and resorts, and public-private buy, sell and store the virtual currency. joint initiatives. Deal Value Deal Participant – Target $250 K Founded in 1989, Supertech Limited develops residential and commercial projects. It also develops commercial and retail properties with schools, hospitals, hotels, and shopping malls. The company’s projects include townships, retail facilities, hospitality buildings, office spaces, and IT parks in India. Deal Value $ 65 million 31 PE/VC Deals August - October

August Capital Partners invests in Singapore-based online healthcare startup MoveInSync Gets Investment From Inventus Capital, Others MyDoc Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1993, Inventus Capital Partners is a venture capital firm specializing in early Founded in 1991, August Capital is a private equity and venture capital firm seed phase, seed-prime, series-A, startup, early stage, mid venture, and early-growth specializing in investments in both early and later stage companies. The firm invests in investments. The firm does not invest in capital intensive companies like semiconductor. all stages with a particular focus on late stage, management buyouts, and PIPES. It It seeks to invest in embedded software business, software as a service, software seeks to invest throughout the information technology spectrum including IT products,, cloud technology, digital services businesses, technology enabled services infrastructure, data center technologies, systems management, security, storage, and defining new sectors of the global digital economy, mobile data services, applications, cloud computing systems and software consumer Internet. Deal Participant – Target Founded in 2000, QUALCOMM Ventures is a venture capital arm of QUALCOMM Inc. Founded in 2012 by Mr. Snehal Patel and Mr. Vas Metupalle, MyDoc Private Limited specializing in seed, start-up, early stage, growth stage, mid stage, late stage, and operates an online platform that connects patients with healthcare providers. It offers expansion stage investments. The firm typically invests in following sectors: MyDoc, a platform that remotely delivers healthcare, and merges various communication devices, wireless communication components and infrastructure, communications and record-keeping functions into a single system. The company's wireless software infrastructure, 3G, wireless internet, platforms, applications, and platform also provides virtual consultations by voice, video and text, peer-to-peer services, enabling and complementary technologies, clean technology. messaging, appointment scheduling, and personal health diaries. It also links multiple Deal Participant – Target provider groups, including general practitioners, specialists, hospitals and nursing Incorporated in 2009, MoveInSync Technology Solutions Pvt Ltd. develops and provides homes, and also enables information sharing between providers about their patients an transport management platform. Deal Value Deal Value N. A. $ 4 Mn

Bay Capital, Hausela Capital Invest In AntFarm Sabre Partners leads $8M Series B investment in Vyome Biosciences Deal Participant – Investor Fund Deal Participant – Investor Fund Bay Capital Partners, LLC is a boutique investment bank that provides financial and Founded in 2006, Kalaari Capital is a venture capital firm specializing in early stage, strategic advisory services. The firm offers mergers and acquisitions, corporate mid-stage, late venture, and seed/ start-up investments. It seeks to make Series A and restructuring, private placements, strategic alliances, joint ventures and partnerships, Series B investments. It typically provides initial capital to be utilized for customer divestitures, spin-offs, and capital transaction services. It caters to financial institutions, acquisition, market validation, product development, and hiring. The firm seeks to invest technology, media and telecommunications, retail, consumer products, e-commerce, in technology savvy companies and technology-enabled services for India and the and enterprise and consumer software industries. global markets. Hausela Capital Partners Ltd is a venture capital firm specializing in startup Aarin Capital is a principal investment firm specializing in providing incubation services. investments. The firm seeks to invest in digital technology, manufacturing, consumer The firm focuses on investments in healthcare, life sciences, internet, life sciences tools retail, technology, healthcare, finance, and real estate sectors. and services, and technology-based products and services businesses. Deal Participant – Target Deal Participant – Target Founded in 2012, AntFarm is a start up platform that brings people together, helps in Incorporated in 2010, Vyome Biosciences Pvt Ltd., a biopharmaceutical company, understanding and scaling up an existing idea and sees through its execution. develops drugs for dermatology care. It offers products to treat dandruff, diabetic foot Deal Value ulcers, and pigmentation disorders. N. A. Deal Value ` 48 Cr

Digital Finance Firm Capital Float Secures Investment From SAIF Partners Loyalty Management Firm Aimia Invests In Fractal Analytics Deal Participant – Investor Fund Deal Participant – Acquirer Founded in 2001, SAIF Partners is a private equity and venture capital firm Aimia Inc., together with its subsidiaries, operates as a loyalty management company specializing in incubation, seed, early-stage, late stage, and growth capital worldwide. They provide data driven analytics and insights services to retailers and their investments. The firm invests organically and through acquisitions. It may also invest suppliers; and offers Smart Button, a software as a service loyalty solution. Theyserve in companies which are undervalued relative to their long-term growth prospects and various industries, including airlines, automotive, CPG/FMCG, financial services, high special situations. The firm prefers to invest in business services, education services, tech, pharma/healthcare, retail, telecom, and travel hospitality. consumer products and services, clean energy, Internet, information, technology, Deal Participant – Target media, telecom, financial services, natural resources. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal Analytics Deal Participant – Target Limited provide analytics solutions. It offers insights and predictive analytics solutions, Capital Float offers flexible tailor made short-term loans to SMEs spread across a including Customer Genomics, a marketing platform that addresses customer variety of sectors, including manufacturing, services, and e-commerce through a acquisition, valuation management, attrition, loyalty, decisions, and interaction rules; technology-led loan origination and credit underwriting platform. Eavesdrop, a social listening tool that aggregates social media sentiments for marketing Deal Value insights. The company provides data transformation solutions $ 1 Mn Deal Value Undisclosed

WeAreHolidays Secures Investment From Matrix Partners Fitness Band Maker GOQii Secures Angel Investment Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start Mr. Neeraj Arora serves as Advisor of MindTickle Interactive Media Pvt Ltd. Mr. Arora is up, early stage, late stage and growth capital investments. It primarily invests in responsible for business development at WhatsApp. He has a prolific background of software and services, communications equipment, semiconductors, storage, Internet, business development across geographies and business models. He is an avid startup and wireless sectors. The firm also seeks to invest in systems, online marketing, enthusiast and has a track record of helping tech ventures with mentorship, recruiting, advertising, mobile content and commerce, enterprise software, data services, web financing, distributing products and BD. marketplaces, online and offline gambling, innovative online retail models, online Mr. Marco Argenti served as Senior Vice President of Developer Experience and media, publishing, consumer Internet, devices, energy, mobile, Internet infrastructure, Marketplace at Nokia Corporation. networking. Deal Participant – Target Deal Participant – Target Founded by Vishal Gondal GOQii tracks the steps you take, calories you burn, your total Founded in 2011 by Deepak Wadhwa, Harkirat Singh and Mohit Piplani, WAH active period and sleeping patterns Holidays Private Limited provides holiday packages. The company helps travelers Deal Value research, plan, book, and share holidays online. It offers off-beat or popular N. A. destinations, honeymoon packages or family vacations, weekend or longer breaks, and adventurous or relaxed getaways for destinations in India and internationally. Deal Value N. A.

32 PE/VC Deals August - October

Data Security Provider Druva Secures Series D Funding Tiger Global Leads Investment In Quikr Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2000, Sequoia Capital India is a venture capital firm specializing in Founded in 2001, Tiger Global Management, LLC is an employee owned hedge fund investments in startup, seed, and early, mid, late, expansion, public and growth stage sponsor. It provides its services to pooled investment vehicles. The firm launches and companies. The firm prefers to invest in the information technology companies with a manages hedge funds for its clients. It invests in the public equity markets across the focus on the emerging India-US cross border companies in the big data analytics, globe. The firm employs long/short strategy to make its investments. It uses enterprise software, and semiconductors sectors. It seeks to invest in the consumer fundamental analysis to create its portfolio. The firm employs a combination of in-house services, energy, financial services, infrastructure, healthcare services, internet, and external research to make its investments. It also manages private equity funds. mobile applications, and outsourcing, wireless and technology sectors. Gounded in 1977, Matrix Partners is a venture capital firm specializing in seed, start up, Founded in 1995, Tenaya Capital is a venture capital firm specializing in emerging early stage, late stage and growth capital investments. It primarily invests in software growth, mezzanine, growth-oriented equity or equity related investments in privately and services, communications equipment, semiconductors, storage, Internet, and held companies. wireless sectors. The firm also seeks to invest in systems, online marketing, advertising, Founded in 2006, Nexus Venture Partners is a venture capital firm specializing in start- mobile content and commerce, enterprise software, data services, web marketplaces, ups, early stage, and early growth stage investments. It focuses on investments in online and offline gambling, innovative online retail models, online media, publishing, sectors such as technology, consumer and business services, media, energy, consumer Internet, devices, energy, mobile, Internet infrastructure, networking, mobile. agribusiness, outsourced services, Internet, rural sector, cloud, storage, infrastructure, Founded in 2004, Nokia Growth Partners is a venture capital arm of Nokia Corporation big data analytics, data security, and mobile specializing in direct and fund of funds investments. For direct investments, it invests in Deal Participant – Target growth capital and seed/startups, mid to late venture, and growth stage. The fund seeks Founded in 2007, Druva Software Pvt. Ltd. provides continuous data protection, data to invest in venture capital and private equity funds while making fund of fund deduplication, and disaster recovery solutions. It offers Druva inSync, an automated investments. laptop backup software, which protects corporate data for office and remote users; Deal Participant – Target Druva SafePoint, a data loss prevention solution for laptop computers and other Founded in 2005, Quikr India Private Limited operates as a community classifieds mobile devices; Druva Phoenix, an enterprise product for non-disruptive disk-to-disk Website. The company enables people in the same city to meet, trade, share ideas, and backup for local and remote servers; and eDiscovery enablement solution for data help in various areas, such as household goods, cars and bikes, services, real estate, stored on enterprise endpoints with an upgrade to its inSync endpoint data protection jobs, and matrimonial. The company was formerly known as Kijiji India Private Limited and governance platform. and changed its name to Quikr India Private Limited in June, 2008. Deal Value Deal Value $ 25 Mn $ 60

5ideas Startup Superfuel invests in live TV interaction and engagement app George Soros Backed Aspada Investment Invests In Allfresh Supply WooMe Deal Participant – Investor Fund Deal Participant – Investor Fund Aspada Investments is a venture capital firm specializing in series A, growth capital, and Founded in 2012 by Ms. Pearl Uppal, 5ideas Inc. is a venture capital firm specializing early stage. The firm makes both equity and debt-like self-liquidating investments. The in start-up, early stage, seed, and growth investments. The firm seeks to invest in firm can provide very early stage financing. It does not invest in real estate assets and consumer internet businesses, geo-data, mobile and tablet based businesses, B2B does not fund prototypes, business plans, and incubation. The firm seeks to invest in the platform businesses, social technology, and technology. Within technology sector it healthcare, agriculture and logistics, education and training, access to finance, and focuses on digital businesses. It invests in SME / B2B focused SAAS, education, basic utilities sector urban parenting, big data and ad tech sectors. Within technology sector it focuses on Deal Participant – Target digital businesses. Founded in 2013, Allfresh Supply Management Private Limited provides fruit supply Deal Participant – Target chain solutions. The company distributes fruits to customers by sourcing produce from We Telefusion Mobile TV Private Limited provides WooMe, a mobile application for farmers in its network from Himachal Pradesh to Madhya Pradesh, Punjab, Rajasthan live TV interaction and engagement on smartphones and tablets. The company’s and Maharashtra. enabled content allows users to deliver instant deals for consumers, brand Deal Value communication, polling, contests, trivia, and interaction and engagement. $ 20 Mn Deal Value N. A.

Nilgai Foods Raises Angel Investment; Looks For Further Fund Raise Gujarat Based QSR Neo Politan Pizza Secures Angel Investment From Sarthi Deal Participant – Investor Fund Angels Venture Undisclosed Deal Participant – Investor Fund Deal Participant – Target Founded by Mr. Deepak Sharma and Mr. Anand Lakhotia in 2009, Sarthi Angels is a Founded in 2011, Nilgai Foods Pvt Ltd. produces and sells packaged food products in not for profit organization providing growth capital to early stage ventures. India. The company offers condiments, confectionary products, jams and preserves, Deal Participant – Target and sauces and dips. It also operates a chain of cafes in Mumbai that serve delis, hot Founded in 2011, Neopolitan Pizza Pvt. Ltd. operates franchisee of Pizza, Breads, mains, pot foods, salads, sandwiches, wraps, and desserts. Pasta, Ice-creams and other related items. Deal Value Deal Value Undisclosed Undisclosed

ADB sells its entire 5.2% holding in Petronet LNG for $117M Wellness Booking System Ziffi.com Raises Series A Funding From Orios Venture Deal Participant – Exit Fund Partners Founded in 1966, Asian Development Bank, a multilateral development financial Deal Participant – Investor Fund institution, provides financial assistance to its developing member countries in Asia Founded in 2014, Orios Venture Partners is a venture capital firm specializing in early and the Pacific region. The company’s primary instruments include loans, technical stage and start-up companies. The firm seeks to invest in technology, consumer assistance (TA), grants, guarantees, and equity investments, which are financed internet, software product companies, and B2B software products for global markets. through ordinary capital resources, special funds, and trust funds. It also offers policy Deal Participant – Target dialogue and advisory services; and mobilizes financial resources through its Founded by Shantanu Jha, Pushkar Soni and Anshuman Pandey, Ziffi.com was cofinancing operations that access official, commercial, and export credit sources for previously known as docsuggest.com, later it rebranded itself as Ziffi to widen focus on the development impact of its assistance. enabling bookings across health and wellness spectrum Deal Participant – Target Deal Value Founded in 1998, Petronet LNG Limited is engaged in the import, re-gasification, and ` 150 Mn supply of liquefied natural gas (LNG) in India. Deal Value $ 117 Mn

33 PE/VC Deals August - October

Tiger Global Invests In Online Property Portal CommonFloor Firstsource invests in cloud-based data analytics startup Nanobi Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2001, Tiger Global Management, LLC is an employee owned hedge fund Incorporated in 2001, Firstsource Solutions Limited provides customer-centric business sponsor. It provides its services to pooled investment vehicles. The firm launches and process management solutions. It offers customer management services, such as manages hedge funds for its clients. It invests in the public equity markets across the business acquisition, customer account, customer loyalty, and differentiators; collection globe. The firm employs long/short strategy to make its investments. It uses services, including financial, healthcare, and student loan collection; and data fundamental analysis to create its portfolio. The firm employs a combination of in- processing services that include back office outsourcing, transaction processing, and house and external research to make its investments. It also manages private equity process re-engineering services. The company also provides consulting services funds. comprising business transformation engineered around cost optimization, revenue Deal Participant – Target growth, and customer experience enhancement. Founded in 2007, maxHeap Technologies Pvt. Ltd. develops a Web application in Deal Participant – Target India. It offers CommonFloor.com, a platform to provide a private portal for residential Founded in 2012, nanobi data and analytics private limited designs and develops communities. Its platform provides tools for residents’ committees for apartment analytics software. It offers analytics-as-a-service to enterprises on a cloud-based pay- administration and acts as an information sharing medium for residents. as-you-use subscription model. It owns and operates an app store called Analytics Tree Deal Value that has a predefined analytics applications. $30 Mn Deal Value Undisclosed

Madurai-focused Native Angels Network invests in Rainstock & FreshNV Matrix Partners Invests In Mobile Social Game Developer Red Monster Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2012, Native Lead Foundation is a not for profit organization works with Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start up, the vision to make South Tamil nadu, a region of innovation and business leadership. early stage, late stage and growth capital investments. It primarily invests in software It is highly evident that the inclination for native innovation and entrepreneurship is on and services, communications equipment, semiconductors, storage, Internet, and the negative scale comparing the large pool of human resource of our entire nation. wireless sectors. The firm also seeks to invest in systems, online marketing, advertising, Native Lead, a dynamic online-offline platform helps the young minds of South mobile content and commerce, enterprise software, data services, web marketplaces, Tamilnadu to become innovators and entrepreneurs through practical learning. online and offline gambling, innovative online retail models, online media, publishing, Deal Participant – Target consumer Internet, devices, energy, mobile. FreshNV.com operates as an e-commerce platform for fresh meat. Deal Participant – Target Rainstock works on introducing rain water harvesting systems and gray water Red Monster Games India Private Limited offers mobile social gaming platform. recycling to address water. Deal Value Deal Value Undisclosed Undisclosed

ERP Solutions Provider Clonect Raises Funds From Former Infosys Executives IvyCap Ventures Closes Maiden Fund Deal Participant – Investor Fund Deal Participant – Investor Fund Former Infosys executives Balakrishnan and TV Mohandas Pai. Graduates from top colleges including IIT and IIM’s. Deal Participant – Target Deal Participant – Target Founded in 2014, Clonect Solutions Pvt. Ltd., an IT solutions company, focuses on IvyCap Ventures specializes in investments in growth stage, startups, and early stage developing products in the areas of enterprise governance, risk management, and micro and small and medium enterprises. It seeks to invest across all sectors with a compliance management (GRC). It develops cloud ready and mobile friendly Web focus on education, healthcare, energy, technology with a focus on mobile technology, applications that address enterprise finance and legal GRC needs, as well as provides food and agriculture based businesses, cyber security, rural space, and innovation. software services. Deal Value Deal Value ` 2,445 Mn Undisclosed

SAIF Partners hikes stake in Speciality Restaurants to 19% Sequoia Leads Investment In Mobile VAS Firm VerSe Innovation Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2001, SAIF Partners is a private equity and venture capital firm Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start up, specializing in incubation, seed, early-stage, late stage, and growth capital early stage, late stage and growth capital investments. It primarily invests in software investments. The firm invests organically and through acquisitions. It may also invest and services, communications equipment, semiconductors, storage, Internet, and in companies which are undervalued relative to their long-term growth prospects and wireless sectors. The firm also seeks to invest in systems, online marketing, advertising, special situations. The firm prefers to invest in business services, education services, mobile content and commerce, enterprise software, data services, web marketplaces, consumer products and services, clean energy, Internet, information, technology, online and offline gambling, innovative online retail models, online media, publishing, media, telecom, financial services, natural resources, medical and healthcare, travel consumer Internet, devices, energy, mobile. and tourism, manufacturing, retail, e-commerce, mobile value-added services and Founded in 2004, Omidyar Network is a private equity and venture capital firm agricultural sectors. specializing in seed, startup, early, and mid venture investments. It invests in profit and Deal Participant – Target non-profit organizations. The firm seeks to invest in consumer internet and mobile, local Founded in 1992, Speciality Restaurants Limited owns and operates restaurants and food production, renewable energy, medical technology, healthcare, waste reduction, confectionaries in India and Bangladesh. The company operates its restaurant outlets education, mobile technology, entrepreneurship, government transparency, property under the Mainland China, Oh! Calcutta, Sigree, Flame & Grill, Machaan, Haka, rights, and financial inclusion sectors. Shacks, Kix, Kibbeh, Café Mezzuna, Sigree Global Grill, Hoppipola brand names; and Deal Participant – Target confectionaries under the Sweet Bengal brand name. It also operates Mobifeast, an Founded in 2007, Ver se' Innovation Pvt Ltd. develops mobile consumer products and outdoor catering arm for parties. solutions. The company offers NewsHunt, a news and eBooks application that provides Deal Value a collection of Indian language newspapers and eBooks with chapter based magazines `14.4 Cr. and ebooks singles; iPayy, a micro-payment solution for digital goods using mobile carrier billing. Deal Value ` 1000 Mn

34 PE/VC Deals August - October

India Life Sciences Fund II raises $143M, to deploy $40M in 12 months Diagnostic Service Aggregator DoctorC Gets Seed Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Undisclosed Founded in 2009, Funzio, Inc. develops and markets mobile games which includes, Deal Participant – Target Crime City. It was formerly known as Raka Games, Inc. India Life Sciences Fund II is a Private Equity fund that provides growth capital to Deal Participant – Target established companies in pharma, healthcare, and medtech industries in India. Undisclosed Deal Value Deal Value ` 875 Cr ` 25 Mn

TargetingMantra Raises Maiden Investment Events Discovery App Nearify Secures Seed Investment Deal Participant – Investor Fund Deal Participant – Investor Fund 500 Startups is an incubator, venture capital firm and an accelerator specializing in India Quotient is a venture capital firm specializing in early stage companies and seed investments in startups and early stage companies. It seeks to invest in financial startups. The firm focuses on investments in B2C companies in the following sectors: services, e-commerce, search/social/mobile platforms, personal & business internet and mobile; fashion; lifestyle; consumer finance; technology-oriented productivity, consumer, education & language, family & healthcare, web infrastructure, businesses in the healthcare and education segments; financial services; food and and food technology sector. travel; and consumer discretionary. Founded in 2006, Nexus Venture Partners is a venture capital firm specializing in start- Deal Participant – Target ups, early stage, and early growth stage investments. It focuses on investments in Founded in 2012 by three friends from IIT, Mayank Kumar, Saurav Singh and Vivek sectors such as technology, consumer and business services, media, energy, Srivastava,, Novelroots Internet Pvt Ltd. provides Nearify, an event discovery application agribusiness, outsourced services, Internet, rural sector, cloud, storage, infrastructure, for Android and iOS devices. Its application allows users to discover events, such as big data analytics, data security, and mobile. local or international music festivals, meetups, concerts, conferences, social events, Deal Participant – Target sports events, fundraisers, broadway shows, movies, or other events happening TargetingMantra is a one-stop solution for the personalization and targeting needs of worldwide. e-commerce, media and other online businesses. It provides its solution in form of a Seedfund is an early stage VC fund with operations in Bombay, Bangalore and New SaaS model. Currently, there are over a million impressions of the widgets provided Delhi. Its investments across diverse industry segments are AxisRooms, Frontier through TargetingMantra on various ecommerce sites. It helps businesses provide Markets, Heckyl, Jeevanti Healthcare, Level10 Comics, Nevales Networks, Printo. personalized widgets to their customer and thereby increase customer loyalty. Bedrock Ventures is a VC firm had previously invested in V Resorts, a limited service Deal Value resort chain. $ 1.1 Mn Deal Value N. A.

Update: GMR Raises Funds From KKR Kalaari Capital Invests In Customer Service App Haptik Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1976, Kohlberg Kravis Roberts & Co. L.P. is a private equity investment Founded in 2006, Kalaari Capital is a venture capital firm specializing in early stage, firm specializing in acquisitions, leveraged buyouts, management buyouts, special mid-stage, late venture, and seed/ start-up investments. It seeks to make Series A and situations, growth equity, mature, mezzanine, distressed, and middle market Series B investments. It typically provides initial capital to be utilized for customer investments. The firm considers investments in all industries with a focus on acquisition, market validation, product development, and hiring. The firm seeks to invest technology and hardware, consumer products and services industry, industry-leading in technology savvy companies and technology-enabled services for India and the franchises and companies in natural resource, energy and infrastructure assets, real global markets. Within technology, it targets products and services, consumer, internet, estate, containers and packaging. software products and services, e-commerce, mobile and telecom Services, education, Deal Participant – Target healthcare, media, and clean technology. GMR Infrastructure Limited operates as an infrastructure company in India and Deal Participant – Target internationally. It operates through Airports, Power, Road, EPC, and Others segments. Founded in 2013, Haptik, Inc. offers a Software-as-a-Service mobile-based chat The company is involved in the generation and sale of power; mining and exploration platform that enables users to send chat queries to enterprises on various service- activities; and energy trading activities. It is also engaged in the development and related issues. It company serves users looking for information on automobiles, banking, operation of airport infrastructure; and modernization and operation of international cable/DTH, electronics and appliances, fast food and delivery, insurance, health and airports on build, own, and transfer basis. wellness, real estate, movies and events, travel, shopping, and wireless and telecom. Deal Value Deal Value $ 164.2 Mn $ 1 Mn

Power2SME Secures Series C Round From Existing Investors Orios Ventures, Others Invest In PrettySecrets Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2006, Kalaari Capital is a venture capital firm specializing in early stage, Founded in 2014, Orios Venture Partners is a venture capital firm specializing in early mid-stage, late venture, and seed/ start-up investments. It seeks to make Series A and stage and start-up companies. The firm seeks to invest in technology, consumer Series B investments. It typically provides initial capital to be utilized for customer internet, software product companies, and B2B software products for global markets. acquisition, market validation, product development, and hiring. The firm seeks to invest India Quotient is a venture capital firm specializing in early stage companies and in technology savvy companies and technology-enabled services for India and the startups. The firm focuses on investments in B2C companies in the following sectors: global markets. Within technology, it targets products and services, consumer, internet, internet and mobile; fashion; lifestyle; consumer finance; technology-oriented software products and services, e-commerce, mobile and telecom Services, education, businesses in the healthcare and education segments; financial services; food and healthcare, media, and clean technology. travel; and consumer discretionary. Founded in 1993, Inventus Capital Partners is a venture capital firm specializing in early Deal Participant – Target seed phase, seed-prime, series-A, startup, early stage, mid venture, and early-growth Founded in 2005 by Karan Behal, PrettySecrets began as an offline venture selling investments. The firm does not invest in capital intensive companies like semiconductor. nightwear boutique on Linking Road. It is India's first and only online exclusive lingerie Founded in 1983, Accel Partners is a private equity and venture capital firm specializing brand. in investments in incubation, seed, start-ups, early venture, mid venture, late venture, Deal Value emerging growth, later stage, and growth capital companies. The firm prefers to invest $ 2 Mn in information technology, cloud computing and storage technologies and infrastructure, big data, next generation infrastructure and data-driven services, consumer and business centric Internet, E-commerce media. Deal Participant – Target Power2SME Deal Value ` 420 Mn

35 PE/VC Deals August - October

Online Antiques Store Phantom Hands Secures Angel Investment After backing Snapdeal, Ratan Tata invests in jewellery e-tailer BlueStone Deal Participant – Investor Fund Deal Participant – Investor Fund Mr. Rajan Anandan, also known as Anand, is co-founded Blue Ocean Ventures in Mr. Ratan N. Tata serves as Chief Advisor of AirAsia India at AirAsia Berhad. Mr. Tata 2010 and serves as its Founding General Partner and Chairman. Mr. Anandan serves has been the Chairman Emeritus at Tata Sons Limited, Tata Steel Limited, Tata as the Managing Director and Country Head of Google India. Mr. Anandan has been Chemicals Limited and Tata Motors Limited since December 28, 2012. He also serves Vice President of Sales & Operations, India at Google Inc. as the Chairman Emeritus for Nelco Ltd. Other Investors: Ravi Shah - head of a pharma company, Deal Participant – Target Rehan Khan- director of Mumbai-based design firm Mind’s Eye Creative, BlueStone is an online jewellery store that houses high quality jewellery and accessories Amit Malik - London-based psychiatrist with strikingly exquisite designs. BlueStone offers a range of jewellery under five Deal Participant – Target categories, including earrings, rings, pendants, bangles and bracelets. Various filters — Founded in 2013, Phantom Hands Vintage Collectibles LLP owns and operates an such as gold purity, stones, occasion and stone colour—have been provided to help online store of curated rare antique furniture and collectibles. buyers select the jewellery. Deal Value Deal Value N. A. N. A.

IFC invests $65M in Idea Cellular via QIP Online marketplace for preventive health check-ups Healthians.com raises seed Deal Participant – Investor Fund funding Founded in1956, International Finance Corporation is a private equity and venture Deal Participant – Investor Fund capital arm of World Bank specializing in both direct and fund investments. It seeks to Undisclosed invest in early stage companies. The firm does not seek to invest in production or Deal Participant – Target trade in weapons and munitions; alcoholic beverages (excluding beer and wine); Founded in2013, Expedient Healthcare Marketing Pvt. Ltd. operates an online platform tobacco; gambling, casinos, and equivalent enterprises; radioactive materials. that provides preventive health check-ups and related information from a panel of Deal Participant – Target doctors and hospitals in India. The company’s platform enables users to browse health Founded in 1995, Idea Cellular Limited provides GSM based mobile services and check-up solutions in various risk areas, including abdomen, allergies/infections, ankle, related telephony services to individuals and businesses in India. The company arthritis, bariatric profile, blood, bones, brain, cancer, cardiac, chest, dental, diabetes, operates through three segments: Mobility Services, International Long Distance (ILD), digestive system, ears, esophagus, eye, face, foot, full body, gastroenterology, genetic and Passive Infrastructure. disorders. Deal Value Deal Value ` 389 Cr N. A.

Grocery e-tailer BigBasket raises $32.8M from Helion, Zodius, others NBFC Varthana Secures Funding From Omidyar, Others Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2006, Helion Venture Partners, LLC is a venture capital firm specializing in Founded In 20014, Omidyar Network is a private equity and venture capital firm investments in early, mid, and late stage. The firm also selectively invests in seed specializing in seed, startup, early, and mid venture investments. It invests in profit and stages. It invests in high growth technology powered businesses with a focus on non-profit organizations. The firm seeks to invest in consumer internet and mobile, local enterprise software, software-as-a-service (SaaS) hosted on cloud, premise-based food production, renewable energy, medical technology, healthcare, waste reduction, software, mobile, Internet, internet services, technology products, and outsourcing education, mobile technology, entrepreneurship, government transparency, property sectors. rights, and financial inclusion sectors. Founded in 2011, Zodius Advisors India Private Limited is a private equity firm Founded in 2006, Elevar Equity is a private equity and venture capital firm specializing specializing in growth capital and build-outs. It seeks to invest in big data and in investing in growth oriented entrepreneurs building microfinance institutions, financial analytics, digital media, commerce, education, business and information services, services firms, and other companies providing essential products and services to the technology, internet, and consumer internet. base of the pyramid in emerging markets. Deal Participant – Target Deal Participant – Target Founded in 2011, Supermarket Grocery Supplies Pvt. Ltd. operates an online grocery Founded in 1984, Thirumeni Finance Private Limited provides project and infrastructure store. It offers fruits and vegetables, such as exotic and frozen vegetables, and fruits; loans, and support to affordable private schools in India. It offers loans for various grocery and staples, which include dals and pulses, dry fruits, flours and sooji, oils and requirements that range from construction and renovation, to adding infrastructure, such ghee, organic staples, rice and rice products, salt and sugar, and spices and as a library or playground, labs, smart classes, teacher training programs, or new or seasonings; bread and bakery products, and dairy products; beverages, such as used school buses. The company also provides support for the purchase/development coffee and tea, energy and health drinks, fruit drinks and juices, mineral water, and of computers, printers, and other related hardware soft drinks; and baby foods, breakfast cereals, noodles and pasta, pickles, ready to eat Deal Value and cook food, spreads and sauces, veg canned food, and veg snacks. ` 270 Mn Deal Value ` 200 Cr

Milestone Capital clocks exits worth $22M from four realty projects Former Essel Financial CEO raises $65M realty fund, planning another fund Deal Participant – Exit Fund Deal Participant – Investor Fund Founded in 1990, Milestone Capital Partners LLP is a private equity firm specializing in Undisclosed growth capital, middle market, buy-and-build transactions, development, Deal Participant – Target recapitalizations, leveraged and management buyouts, leveraged and management Mr. Amit Goenka, B.COM serves as the Managing Director and Chief Executive Officer buy-ins, and roll out investments. The firm does not invest in start up and no loss at Nisus Finance Services Co Pvt Ltd. He formed the firm. Previously, Mr. Goenka making turnaround. It seeks to invest across all sectors except property and bio-tech. served as the Managing Director and Chief Executive Officer at Essel Finance Deal Participant – Target Managers. Undisclosed Deal Value Deal Value ` 400 Cr ` 132 Cr

Protract Consulting Secures Angel Investment Biofuel Maker ArstaEco Raises Funds From German Investor Paul Guire Deal Participant – Investor Fund Deal Participant – Investor Fund Undisclosed German investor Paul Guire Deal Participant – Target Deal Participant – Target Protract Consulting Private Limited operates as an education management Founded in 2011, ArstaEco Pvt. Ltd. manufactures bio fertilizer and bio fuel. outsourcing company that provides analysis, strategic planning, advisory, and risk Deal Value management solutions to higher educational institutions and universities in India. It ` 7.78 Mn offers services in the areas of academic and corporate resourcing, awards and accolades, operational and financial excellence, accreditations, institutional restructuring, online university/e-learning platforms, quality certifications, brand management, and talent incubations. Deal Value N. A. 36 PE/VC Deals August - October

Clearwater Capital exits Dolphin Offshore E-com logistics firm Delhivery raises $35M in Series C from Multiples PE, others Deal Participant – Exit Fund Deal Participant – Investor Fund Founded in 2001, Clearwater Capital Partners, LLC is a private equity firm specializing Founded in 2006, Nexus Venture Partners is a venture capital firm specializing in start- in direct and fund of fund investments in financial restructurings; operational ups, early stage, and early growth stage investments. It focuses on investments in turnarounds; special situations; stressed; undervalued assets and securities; and sectors such as technology, consumer and business services, media, energy, distressed investments. The firm invests in post-restructured or operationally sound agribusiness, outsourced services, Internet, rural sector, cloud, storage, infrastructure, public and private companies; portfolios; pools; and individual non-performing loans. big data analytics, data security, and mobile. Deal Participant – Target Founded in 1999, Times Internet Limited, an Internet network, operates a portfolio of Founded in 1979, Dolphin Offshore Enterprises (India) Limited provides integrated Web and mobile properties. The company provides clients with opportunities to reach services to the oil and gas industry in India. The company offers a range of services viewers worldwide by operating various Web properties in the domain of news, for undertaking turnkey projects related to underwater, marine, and offshore entertainment, music, lifestyle, automobiles, email, blogs, etc. construction. It offers diving and underwater services, including air, mixed gas, and Deal Participant – Target saturation diving services; and fabrication and installation services in the areas of Founded in 2011, SSN Logistics Private Limited provides logistics solutions to E- procurement, fabrication, installation, hook up, and commissioning of plants and Commerce partners. It offers last-mile delivery, warehousing, reverse logistics, payment equipment on offshore platforms, drilling rigs, as well as on onshore facilities, including collection and processing, vendor-to-warehouse, direct vendor-to-consumer delivery, refineries, power plants, and ports. third-party and transit warehousing, vendor-to-customer shipping, technology Deal Value integration, and customized logistics solutions. N. A. Deal Value ` 212 Cr

Update: Lybrate Raises Funds From Nexus Venture Workforce Manager FarEye Raises Funds From IAN Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2006, Nexus Venture Partners is a venture capital firm specializing in start- Indian Angel Investors: Nitin Jain & Piyush Chawla ups, early stage, and early growth stage investments. It focuses on investments in Deal Participant – Target sectors such as technology, consumer and business services, media, energy, Started in 2013, FarEye is an interesting mobile enabled solution for field workforce agribusiness, outsourced services, Internet, rural sector, cloud, storage, infrastructure, management. It’s a solution to the most critical problems of manager i.e.real-time big data analytics, data security, and mobile. coordination with mobile workers, field jobs and customer requests. It solves by Deal Participant – Target providing quick overview of field force with job status & tool to schedule, dispatch & Founded in 2003, Lybrate, Inc. operates an online portal for booking appointments monitor jobs to workforce with doctors. Deal Value Deal Value ` 20 Mn $ 1.23 Mn

IvyCap, IDG Invest In Women Apparel Brand eShakti GMR Holdings Raises Funds From KKR Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2011, IvyCap Ventures specializes in investments in growth stage, Founded in 1976, Kohlberg Kravis Roberts & Co. L.P. is a private equity investment firm startups, and early stage micro and small and medium enterprises. It seeks to invest specializing in acquisitions, leveraged buyouts, management buyouts, special situations, across all sectors with a focus on education, healthcare, energy, technology with a growth equity, mature, mezzanine, distressed, and middle market investments. The firm focus on mobile technology, food and agriculture based businesses, cyber security, considers investments in all industries with a focus on technology and hardware, rural space, and innovation. consumer products and services industry, industry-leading franchises and companies in Founded in 1996, IDG Ventures is a venture capital firm specializing in seed, startup, natural resource, energy and infrastructure assets, real estate, containers and early venture, and growth capital investments. It makes mezzanine investments. The packaging firm invests in information technology, internet, and healthcare technology companies. Deal Participant – Target Deal Participant – Target Founded in 1993, GMR Holdings Private Limited, through its subsidiaries, engages in Started in 1999, eShakti.com Pvt Ltd engages in internet retail of women apparel and the infrastructure development operations comprising energy, airports, and roads. accessories. Deal Value Deal Value ` 1,500 Mn N. A. Ecom Express Secures Funding From Peepul Capital Carlyle raises $3.9B for Asia fund Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2000, Peepul Capital LLC is a private equity and venture capital firm Undisclosed specializing in buyouts, restructuring, early stage, growth and expansion capital Deal Participant – Target investments in the middle market. It prefers to invest in Technology Products and Founded in 1897, The Carlyle Group LP is an investment firm specializing in direct and Services, business services, consumer driven services and products, Specialized fund of fund investments. Within direct investments, it specializes in management-led/ Engineering, media and entertainment, specialized manufacturing, and telecom sectors. Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, Deal Participant – Target structured credit, global distressed and corporate opportunities, small and middle Founded in 2012, Ecom Express Private Limited provides cargo transportation services. market, equity private placements, consolidations and buildups, senior debt, It offers pre-paid, cash on delivery, cash before delivery, dropship, and reverse logistics mezzanine and leveraged finance. services. Deal Value Deal Value $3.9 billion ` 1,000 Mn

Sarthi Angels Invests In Gujarat Based M R Organization Mobile App TyDy Secures Angel Investment Deal Participant – Investor Fund Deal Participant – Investor Fund Founded by Mr. Deepak Sharma and Mr. Anand Lakhotia in 2009, Sarthi Angels is a Hareesh Ramanna - MD of BORQS Software, not for profit organization providing growth capital to early stage ventures. Nikhil Ramanlal - director of Atandra and a YEO member, Deal Participant – Target Bhupen Shah - an angel investor from Silicon Valley Founded by MayurKamdar and Rasesh Shah, M.R. Organisation Limited (MRO)is a Other Investors through Lets Venture.com ‘one stop solution’ in Compressed Air Market. It manufactures and distributes Deal Participant – Target reciprocating and screw compressors aftermarket replacement non-genuine parts & Tydy is a cloud-based mobile platform for Sales & Marketing teams. It is a mobile kits. content communication platform for your business, team and customers Deal Value Deal Value Undisclosed $ 138 K

37 PE/VC Deals August - October

WestBridge Capital part exits Bajaj Electricals for over $7M Singapore-based CCube Angels increases stake in hybrid e-com startup edabba Deal Participant – Exit Fund Deal Participant – Investor Fund Founded in 2011, WestBridge Capital Partner, LLC is a private equity firm specializing CCube Angels Network is a pledge fund investing in angel, early stage, and high growth in direct and indirect investments. It seeks to invest in both PIPES and public and later investments. The fund seeks to invest in manufacturing, services & technology internet stage private companies. The firm focuses on investments in the mid-sized publicly plays to real estate derivative plays to retail chains, however it is sector agnostic. It listed companies in the financial services, consumer services, healthcare, and prefers to invest in India and the ASEAN region. information technology sectors. Deal Participant – Target Deal Participant – Target Founded in 2011, Omnipresent Retail Pvt. Ltd. engages in the online retail of books, Founded in 1938, Bajaj Electricals Limited is engaged in lighting, luminaries, electronics, organic food, music, and movie CDs. It offers arts, photography, body, mind, appliances, fans, and engineering and projects businesses primarily in India. It spirit, craft, hobby, cooking, food, wine, children, teens, education and beyond, fiction, operates through Lighting, Consumer Durables, Engineering & Projects, and Others literature, families, relationship, general non fiction, history, society, humor, money, segments. The company offers a range of domestic appliances, including water management, outdoors, nature, parenting, reference, religion, philosophy, mysticism, heaters, mixers, food processors, microwave ovens, air coolers, steam and dry irons, self help, stationery, science, technology, sports, recreation, and travel books; and electric kettles, water filters, toasters, rice cookers, oven-toaster-grillers, juicermixer- biographies and autobiographies. grinders, hair dryers, chimneys, gas stoves, hobs, room heaters, stabilizers, pressure Deal Value cookers, induction cookers, non electrical kitchen aids, water purifier, etc. N. A. Deal Value ` 43.8 Cr

Flipkart invests in mobile payment gateway ngpay Providence part exits Idea Cellular for $234M Deal Participant – Investor Fund Deal Participant – Exit Fund Founded in 2007, Flipkart Online Services Pvt. Ltd. operates an online shopping Founded in 1989, Providence Equity Partners LLC is a private equity firm specializing in Website in India. It provides books, movies, music, games, consoles, gaming growth capital, recapitalizations of family-owned businesses, leveraged buyouts, accessories, mobiles, mobile accessories, cameras, camera accessories, computers, turnaround, distressed, mezzanine, and take-privates investments. It typically invests in computer accessories, network components, software, peripherals, home and kitchen media, entertainment, communications, education, Internet and Internet infrastructure, appliances, TV and video products, and personal and health care products. digital media, and information services sectors. Deal Participant – Target Deal Participant – Target Founded in 2003, JiGrahak Mobility Solutions (P) Ltd. provides mobile commerce Founded in 1995, Idea Cellular Limited provides GSM based mobile services and services in India. It offers ngpay, a mobile commerce platform that enables users to related telephony services to individuals and businesses in India. The company buy air and rail tickets, pay bills, make hotel reservations and payment, and buy movie operates through three segments: Mobility Services, International Long Distance (ILD), tickets, as well as to shop, gift, bank, and transfer funds. and Passive Infrastructure. Deal Value Deal Value N. A. ` 1,414 Cr

Organic food co Parvata, m-learning firm Bodhi raise funds from Last Mile IFC invests $27.5M in food additives maker Lucid Colloids Accelerator Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in1956, International Finance Corporation is a private equity and venture Last Mile uses a peer-selection model where entrepreneurs themselves decide which capital arm of World Bank specializing in both direct and fund investments. It seeks to two companies should receive the funding. They rank each other based on criteria invest in early stage companies. The firm does not seek to invest in production or trade such as team, product, customers, financials and return on capital. in weapons and munitions; alcoholic beverages (excluding beer and wine); tobacco; Deal Participant – Target gambling, casinos, and equivalent enterprises; radioactive materials. Incorporated in 2013, Parvata Foods Pvt. Ltd. supplies organic produce to retail outlets Deal Participant – Target through a farm-to-store model. It provides fruits, vegetables, and spices sourced from Founded in 1996, Lucid Colloids Ltd. manufactures, markets, and distributes guar gums farm areas of Northeast India. and hydrocolloids products. It offers hydrocolloids, such as cassia and tamarind gum, Bodhi Health Education was founded by the duo of Abhinav and Shrutika Gridhar to gum blends, and food stabilizer systems. The company also provides food and leverage low-cost mobile technology coupled with eLearning to create training pharmaceutical grade hydrocolloids; pectin, carboxymethyl cellulose, carrageenans, solutions for bottom-of-the-pyramid (BoP) health workers. foods and food ingredients, dry pre-mixes for ice cream and dairy products, xanthan Deal Value gum, and water soluble dietary fiber, ` 30 lakh Deal Value ` 165 Cr

IDG Leads Investment In Recruitment Startup MyNoticePeriod Bharat Forge Exits Impact Automotive To JV Partner KPIT Deal Participant – Investor Fund Deal Participant – Exit Fund Founded in 1996, IDG Ventures is a venture capital firm specializing in seed, startup, Founded in 1961, Bharat Forge Limited manufactures and sells forged components in early venture, and growth capital investments. It makes mezzanine investments. The India and internationally. It provides power train components, including forged and firm invests in information technology, internet, and healthcare technology companies. machined crankshafts, connecting rods, and pistons; chassis components comprising Other Participants: Prashant Kirtane - Ravi Gururaj of Frictionless Ventures. steering knuckles, front axle beams, control arms, and wheel carriers; transmission Shamsunder Talreja - owner of JetSet Capital parts; and other automotive products, such as rockers and control arms, swivel hubs, Raghu Krishnananda - former Yahoo engineering leader wheel carriers, and brackets. Ravi Gururaj - Frictionless Ventures. Deal Participant – Target Deal Participant – Target Founded in 2010, Impact Automotive Solutions Ltd manufactures hybrid solutions for MyNoticePeriod automotive. Deal Value Deal Value ` 20 Mn ` 108 Mn

Unitus Seed Fund Secures Additional Commitments For Micro VC Fund Zodius Capital Invests In Digital Media Startup Culture Machine Deal Participant – Investor Fund Deal Participant – Investor Fund Undisclosed Founded in 2012, Culture Machine Media Pvt Limited, a digital media company for the Deal Participant – Target Internet generation, develops digital video content for creators, brands, and traditional Unitus Seed Fund LLC is a venture capital arm of Unitus Labs, specializing in early media companies in India and internationally. The company cross promotes and stage, growth capital seed, and start up investments. It does not invest in pure debt collaborates the digital and analog content by ideating, creating, executing, and instruments in India. The firm invests in companies which can provide significant delivering the content; and production, programming, audience, and marketing benefits to the base of the economic pyramid (BOP) population. solutions. Deal Value Deal Participant – Target $7 Mn Founded in 2011, Zodius Advisors India Private Limited is a private equity firm specializing in growth capital and build-outs. It seeks to invest in big data and analytics, digital media, commerce, education, business and information services, technology, internet, and consumer internet. Deal Value 38 N. A. PE/VC Deals August - October

Payment solutions firm ItzCash raises under $15M in Series C funding FreeCharge Secures Series B Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Undisclosed Founded in 2000, Sequoia Capital India is a venture capital firm specializing in Deal Participant – Target investments in startup, seed, early, mid, late, expansion, public and growth stage Founded in 2005, Itz Cash Card Ltd. provides prepaid payment solutions to companies. The firm prefers to invest in the information technology companies with a consumers and various business entities in India. The company offers consumer focus on the emerging India-US cross border companies in the big data analytics, solutions, which include ItzCash reloadable prepaid card enabled by Visa and enterprise software, and semiconductors sectors. MasterCard; a prepaid card for the Dish TV DTH customers to renew their Deal Participant – Target subscription; NoQ24x7 Card, a multi-essential services prepaid payment card to make Founded in 2008, Accelyst Solutions Pvt. Ltd. operates a Website that provides online payments for various bills; a money transfer service; ItzCash eWallet, a virtual prepaid mobile recharge services. The company provides rewards by way of discount payment account that identifies registered email or mobile number as user’s account; coupons for every recharge made through the website. and ItzGift.in gifting solutions. Deal Value Deal Value $ 33 Mn Under $ 15 million

Security device startup Rico raises $120K in crowdfunding via Kickstarter Ready-to-cook packaged food maker iD Fresh Food raises $5.7M from Helion Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2009, Kickstarter, Inc. operates as a funding platform for creative projects. Founded in 2005, iD Fresh Food (India) Pvt. Ltd. produces ready-to-cook packaged food Its platform helps people to fund various projects that include films, games, music, art, products. design, comics, dance, fashion, video, food, photography, publishing, theater, and Deal Participant – Target technology. Founded in 2006, Helion Venture Partners, LLC is a venture capital firm specializing in Deal Participant – Target investments in early, mid, and late stage. The firm also selectively invests in seed Founded in 2011, MindHelix Technosol Pvt Ltd. provides enterprise customer stages. It invests in high growth technology powered businesses with a focus on interaction tools. It offers TukTuk Meter 2, a GPS based auto-fare calculator for the enterprise software, software-as-a-service (SaaS) hosted on cloud, premise-based Indian auto rickshaw industry and enables the user to be in more control of travel, software, mobile, Internet, internet services, technology products, and outsourcing check route, etc.; and Sentinel Security, an application for women’s security, which is sectors. available for Android, Symbian(Java), and Blackberry Deal Value Deal Value ` 35 Cr Under $ 120K Gadget Research Site 91Mobiles Raises Pre-Series A Funding From India AdPushup Raises Funds Through LetsVenture Quotient Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2010, Kima Ventures is a venture capital firm specializing in seed stage, India Quotient is a venture capital firm specializing in early stage companies and start-ups, and early stage companies. It invests in first round. The firm does not invest startups. The firm focuses on investments in B2C companies in the following sectors: in following sectors: cleantech, medical devices, and biotech companies. The firm internet and mobile; fashion; lifestyle; consumer finance; technology-oriented seeks to invest in internet, video games, mobile, software, and telecommunications businesses in the healthcare and education segments; financial services; food and applications. travel; and consumer discretionary. Other investors: Paras Chopra (Founder, Wingify/VWO), Deal Participant – Target Amit Ranjan (Co-founder, SlideShare) 91mobiles.com is the largest news, research & reviews site for mobile phones & Deal Participant – Target gadgets in India. They provide information on the latest happenings and launches in the Founded in 2014, AdPushup Software India Private Limited provides an Ad revenue gadgets space, along with expert reviews on interesting new devices, done by our in- optimization tool which helps Web publishers and bloggers to increase their ad house team of technology journalists. revenues using automated A/B testing Deal Value Deal Value $ 1 Mn $ 632 K IT Consulting Firm People10 Secures Funding From IdeaWorks Partners iNurture Education Secures Funding From Bertelsmann India Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1996, The IdeaWorks Company offers marketing consulting services. Bertelsmann India Investments is a corporate investment arm of Bertelsmann SE & Deal Participant – Target Co. specializing in digital, education, media and services sectors. Incorporated in 2011, People10 Technosoft Private Limited develops custom software Deal Participant – Target solutions in web, mobile, cloud and data analytics fields. Its clientele includes Barclays, Founded in 2004, iNurture Education Solutions Limited offers animation courses to Fidelity, PricewaterhouseCoopers and HP. colleges and universities. The company was formerly known as Toonskool Pvt Ltd. Deal Value Deal Value ` 100 Mn ` 300 Mn

Financial services-focused impact investor LeapFrog raises $400M in second Zoomcar Secures Funding From Sequoia Capital, Others fund Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2000, Sequoia Capital India is a venture capital firm specializing in American International Group, Inc. provides insurance products and services for the investments in startup, seed, early, mid, late, expansion, public and growth stage commercial, institutional, and individual customers in the United States and companies. The firm prefers to invest in the information technology companies with a internationally. focus on the emerging India-US cross border companies in the big data analytics, Founded in 1888, Alliance Trust PLC is a publicly owned investment manager with enterprise software, and semiconductors sectors. It seeks to invest in the consumer approximately £2.87 billion ($5.64 billion) in assets under management. The firm also services, energy, financial services, infrastructure, healthcare services, internet, mobile provides pensions and ISA/PEP services to its clients. It manages separate client- applications, outsourcing, wireless and technology sectors. focused equity, fixed income, and balanced portfolios. Other Investors: Infosys CFO Mohandas Pai and Manipal Group's head of corporate Founded in 1952, AXA Group, through its subsidiaries, provides insurance and asset affairs Abhay Jain. management services. Its Life & Savings segment offers term life, whole life, universal Deal Participant – Target life, endowment, deferred and immediate annuities, and other investment-based Incorporated in 2012, ZoomCar India Private Ltd. provides membership-based self-drive products. car rental services, which allow individuals to hire cars by the hour or by the day to Founded in 1973, RGA Reinsurance Company provides reinsurance services. travel in India. It enables members to make reservations through the Website or through Zurich Insurance Group AG, together with its subsidiaries, provides insurance-based mobile (OS or Android) products. Deal Value Deal Participant – Target $ 8 Mn Founded in 2007, LeapFrog Investments is a private equity firm specializing in investments in growth-stage and expansion. It does not invest in green-fields or startups. The firm makes investments in financial institutions, distributors for financial products, or enablers of financial services, such as administrators or technology platforms. These might include traditional insurers looking to go down-market; financial services companies poised for growth in the emerging consumer sector; mobile payments platforms; financial service businesses with a focus on micro-insurance39 ; TPA’s and pension providers operating in life, non-life, and health sectors. Deal Value $ 400 Mn PE/VC Deals August - October

Edu-Tech Startup Xamcheck Raises Funds from Aspada Investments Warburg Pincus Invests In Laurus Labs Deal Participant – Investor Fund Deal Participant – Investor Fund Aspada Investments is a venture capital firm specializing in series A, growth capital, Founded in 1939, Warburg Pincus LLC is a private equity and venture capital firm and early stage. The firm makes both equity and debt-like self-liquidating investments. specializing in all stages of a company’s life cycle from founding startups, early-stage In select cases, the firm can provide very early stage financing. It does not invest in financings, growth equity investments, and developing companies to restructurings, real estate assets and does not fund prototypes, business plans, and incubation. The recapitalizations, late stage, and management buyouts of mature businesses. firm seeks to invest in the healthcare, agriculture and logistics, education and training, Deal Participant – Target access to finance, and basic utilities sector. Founded in 2005, Laurus Labs Private Limited develops, manufactures, and supplies Deal Participant – Target APIs and related intermediates to the global pharmaceutical industry. It offers anti Incubated at Policy Innovation, an education consultancy firm founded by Naveen and retroviral and oncology APIs, as well as other APIs. The company provides contract Varun in 2009, Xamcheck’s service offerings include providing assessment papers manufacturing services; drug substance, analytical development, and product and answer booklets to schools, feedback reports to students and teachers, development services; and process chemistry laboratories. It also engages in personalized homework and worksheets, and managing report cards developing and manufacturing specialty ingredients for use in nutraceutical/dietary Deal Value supplements and cosmeceutical products. `110 Mn Deal Value ` 5,550 Mn

Mandala Capital Picks Up Stake In Gati's Cold Chain Unit Gati Kausar Michael & Susan Dell Foundation Invests In Social Enterprise Kinara Capital Deal Participant – Investor Fund Deal Participant – Investor Fund Mandala Capital Ltd. manages private equity funds that invest in companies focused Founded in 1999, The Michael and Susan Dell Foundation is a not-for-profit foundation on the agribusiness sector within the India. with over $466 million assets under management. The foundation primarily focuses on Deal Participant – Target children, healthcare, and education. Founded in 1984, Gati Kausar India Ltd. operates as a cold chain transportation Deal Participant – Target solutions company. It offers primary distribution services, such as full truck load Founded in 2011 by Hardik Shah, Kinara Capital provides term loans, purchase order services for long haul transportation of bulk and volumetric shipments based on the backed short-term loans and a bill discounting facility to producers and providers across load factor from manufacturing units to distribution centers or cold storage facilities; the value chain for asset purchase or working capital needs. and dedicated reefer fleet services for the food chain businesses Deal Value Deal Value N. A. ` 1,500 Mn

Sterling Urban raises $10M from Singapore investor, HDFC arm for Bangalore Softbank Invests In Ecommerce Marketplace Snapdeal project Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1981, SoftBank Corp. operates in the information industry in Japan. It Superior Films Pvt, Ltd. operates in the films exhibition and entertainment market. It operates through four segments: Mobile Communications, Sprint, Fixed-line operates multiplex theatres in New Delhi. Telecommunications, and Internet. The Mobile Communications segment provides Founded in 1977, Housing Development Finance Corporation Limited provides home mobile communications services; produces and distributes online games for loans and deposit products in India. The company accepts fixed deposits, such as smartphones and other devices; offers mobile broadband services; provides supply monthly income plans, non-cumulative options, annual income plans, and cumulative chain solutions, handset protection and insurance, buy-back and trade-in services, options; and trust deposits. Its loan portfolio includes loans for the purchase or omnichannel solutions, and financial services; and sells mobile devices, such as construction of houses; home improvement loans; home extension loans; short term iPhones, iPads, and SoftBank smartphones. The Sprint segment offers mobile and bridging loans; plot loans; loans to professionals for non residential premises; loans fixed-line voice and data transmission services for individual consumers, businesses, against property; home loans for non-resident Indians; top up loans against the government subscribers, and resellers in Puerto Rico and the U.S. mortgage of the existing property; educational loans; and home loans in rural areas. Deal Participant – Target Deal Participant – Target Launched in February 2010, Snapdeal.com has seen phenomenal growth in a span of Founded in 2002, Sterling Urban Developments Pvt. Ltd. engages in the business of three years and is currently the largest online marketplace in India. property development. It operates as a subsidiary of Sterling Developers Pvt. Ltd. Deal Value Deal Value $ 627 Mn ` 60 Cr

Edutel Technologies Raises Funds From Michael & Susan Dell Foundation HotelsAroundYou Secures Seed Funding From VentureNursery Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1999, The Michael and Susan Dell Foundation is a not-for-profit foundation VentureNursery’s Angels: with over $466 million assets under management. The foundation primarily focuses on Amit Patni, Arihant Patni, Anand Ladsariya, Arif Ali, Bharat Banka, Samir Shah, Neeraj children, healthcare, and education. Goenka, Ravi Kiran, Sanjay Mehta, Shravan Shroff, Vishal Maheshwari and Bhanu Deal Participant – Target Chopra. Incorporated in 2010, Edutel Technologies Private Limited provides educational Deal Participant – Target solutions through satellite and Internet for academic curricula, competitive exams, Founded in 2013, Instant Hotels Around You Private Limited operates an online platform personality development, and recruitment readiness. that provides same day hotel booking services. Deal Value Deal Value ` 124 Mn N. A.

Indian Angel Network Invests In UK Based Meetings Manager Lowdownapp Restaurant Booking Portal GourmetItUp Secures Angel Investment Deal Participant – Investor Fund Deal Participant – Investor Fund Started in April 2006, the Indian Angel Network is a unique concept which brings Karan Bhagat – Managing Director at IIFL Private Wealth Management together highly successful entrepreneurs and CEOs from India and around the world Prabhat Awasthi - Managing Director at Nomura who are interested in investing in startup / early stage ventures which have the potential Atul Kumar - Founder of Genome Capital of creating disproportionate value. The Network, in addition to money, provide constant Deal Participant – Target access to high quality mentoring, vast networks and inputs on strategy as well as Founded by Deepa and Kunal Jain, GourmetltUP ties-up with restaurants to provide its execution users with fine dining experience. They have partnerships with restaurants including Deal Participant – Target Hakkasan, Le Pain Quotidien, The Tasting Room, Olive Bar & Kitchen, Yauatcha, Mia Founded in 2013, Lowdownapp Ltd. provides an application that turns meetings into Bella, Rara Avis, Shiro, Guppy with experiences ranging from chef's tables and off- greetings. It offers Lowdown, a service that keeps busy professionals informed, menu set meals to masterclasses and mixology classes. prepared, and up-to-date on the people and companies they have meetings with. Deal Value Deal Value $ 300 K N. A.

40 PE/VC Deals August - October

Adlabs Imagica raises $8M in pre-IPO round from NYLIM, Jacob Ballas Olacabs Raises Funds From Softbank Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2000, New York Life Investment Management LLC is a privately owned Founded in 1981, SoftBank Corp. operates in the information industry in Japan. It investment manager. The firm provides its services primarily to individuals. It also operates through four segments: Mobile Communications, Sprint, Fixed-line caters to investment companies, pension and profit sharing plans, pooled investment Telecommunications, and Internet. The Mobile Communications segment provides vehicles, and corporations. The firm manages separate client focused equity, fixed mobile communications services; produces and distributes online games for income, and balanced portfolios. smartphones and other devices; offers mobile broadband services; provides supply Jacob Ballas Capital India Private Limited, Investment Arm is a principal investment chain solutions, handset protection and insurance, buy-back and trade-in services, firm. It seeks to invest in India. omnichannel solutions, and financial services; and sells mobile devices, such as Deal Participant – Target iPhones, iPads, and SoftBank smartphones. The Sprint segment offers mobile and Founded in 2010, Adlabs Entertainment Limited owns and operates a theme park fixed-line voice and data transmission services for individual consumers, businesses, under the Imagica name in India. The company operates in four segments: Theme government subscribers, and resellers in Puerto Rico and the U.S. Park, Food and Beverages, Merchandise, and Other Operations. Its theme park offers Deal Participant – Target a range of facilities, including food and beverages outlets under the Roberto’s Food Incorporated in 2010, ANI Technologies Pvt. Ltd. provides reservation system for car Coaster, Red Bonnet, Imagica Capital, Zeze, and Arrmada names; six retail stores and rentals and cab services through phone, as well as online. various kiosks; and rides and attractions. Deal Value Deal Value $ 210 Mn ` 50 Cr

EIG Global Energy Partners Invests In Greenko CarTrade Raises Funding From Warburg Pincus, Others Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1982, EIG Global Energy Partners is a private equity firm specializing in Founded in 1939, Warburg Pincus LLC is a private equity and venture capital firm growth capital, project debt, and mezzanine investments. It also makes first lien loan specializing in all stages of a company’s life cycle from founding startups, early-stage and common stock investments. The firm only invests in energy projects, companies, financings, growth equity investments, and developing companies to restructurings, real estate, and related infrastructure. The firm invests across the entire energy value recapitalizations, late stage, and management buyouts of mature businesses. chain from upstream oil and gas, midstream, and infrastructure, to power generation, Founded in 1987, Canaan Partners is a venture capital firm specializing in all stages of renewable, and resources. It seeks to invest in global oil, gas, geothermal, and electric development, seed financings, start-ups, growth and early stage investments, typically sector with a focus on oil and gas, midstream oil and gas, power generation, Series A and B financings. transmissions and distribution, energy-related infrastructure. Tiger Global Management, LLC is an employee owned hedge fund sponsor. It provides Deal Participant – Target its services to pooled investment vehicles. The firm launches and manages hedge funds Founded in 2004, Greenko Group plc, through its subsidiaries, engages in the for its clients. It invests in the public equity markets across the globe. development, ownership, and operation of clean energy projects in India. It generates Deal Participant – Target and sells electricity through wind, hydropower, natural gas, and biomass sources. The Founded by Vinay Sanghi and Rajan Mehra, CarTrade is an auto marketplace providing company sells electricity to state utilities, and other electricity transmission and trading buyers and sellers a structured platform for buying and selling new and used vehicles. companies. The platform offers a selection of over 100,000 listings, price information, car Deal Value certification, car comparisons, on-road prices and reviews on cars. $ 125 Mn Deal Value Undisclosed

V Resorts Secures Funding From SeedFund Recruitment Portal MyRefers Secures Funding From Bedrock Ventures Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2006, Seedfund is a venture capital firm specializing in incubation, seed, Bedrock Ventures startups, and early stage investments. The firm prefers to invest in internet, media, Deal Participant – Target mobile, telecommunications, retail, technology, and consumer sectors. It focuses its Myrefers is a brainchild of Lalit Bhagia and Avish Anand, which aims to solve the investments in companies based in India. recruitment hassle in the industry. It is a unique job network that lets users discover new Deal Participant – Target job opportunities for themselves and their friends by accessing social connections. V Resorts operates a chain of boutique resorts in India. Deal Value Deal Value N. A. $ 2 Mn

Cygnus Medicare Secures Funding From Fidelity Growth Partners Azim Premji Invests In NEA Backed FSS Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1969, Fidelity Growth Partners Europe is a private equity and venture capital Mr. Azim Hasham Premji is the Founder of Wipro Ltd. and has been its Executive firm specializing in investments in early venture, mid venture, late venture, and growth Chairman and Managing Director since September 1968 and served as its Chief equity stages. It invests in energy, software as a services, consumer internet, resource Executive Officer since September 1968. Mr. Premji is the Founder of PremjiInvest. efficiency, mobile, enterprise software, gaming, clean technology, financial technology, Deal Participant – Target payments technologies, ecommerce, internet, digital media, online services, software, Federal Signal Corporation designs, manufactures, and sells a suite of products and healthcare information technology, finetch, data businesses, and data services sectors. integrated solutions primarily in the United States, Europe, and Canada. The company Deal Participant – Target operates in three segments: Environmental Solutions, Safety and Security Systems, Founded in 2011, Cygnus Medicare Pvt. Ltd. operates a chain of multi-specialty and Fire Rescue. The Environmental Solutions segment manufactures various self- hospitals in India. It offers surgeries in the areas of bone and joint, cardiology, propelled street cleaning vehicles, vacuum loader vehicles, municipal catch neurological and spine, obstetrics and gynecology, pediatrics, minimal access surgery, basin/sewer cleaning vacuum trucks, and water blasting equipment; sells parts and eye care, ENT care, dental and cosmetic, internal medicine, and diabetology; and tooling; rents equipment; and provides service, repair, and training. provides intensive care, radiology, and urology. Deal Value Deal Value ` 3500 Mn ` 600 Mn

PriceBurp Gets Investment From Bright Ventures ShieldSquare Secures Angel Investment Deal Participant – Investor Fund Deal Participant – Investor Fund Bright Ventures Redbus cofounders - Phanindra Sama, Charan Padmaraju and P Sudhakar Deal Participant – Target Matrimony.com’s co-founder - Murugavel Janakiraman Founded in 2011 by Nirav Dave, PriceBurp Media Pvt. Ltd. owns and operates online Freshdesk co-founder - Girish Mathrubootham portal which offers coupons and online deals. ex Google M&A Head for South Asia & Australia - Samir Sood Deal Value Deal Participant – Target $ 100 K Undisclosed Deal Value $ 350 K

41 PE/VC Deals August - October

Avekshaa Technologies Gets Investment From V Balakrishnan Hyderabad Angels, Others Invest In OnlinePrasad Deal Participant – Investor Fund Deal Participant – Investor Fund Mr. V. Balakrishnan, also known as Bala, is the Founder and Chairman of Reservoir Srini Koppulu - former managing director of Microsoft India Development Center, Investment Managers (India) LLP. Mr. Balakrishnan served as the Head of BPO, R Ramaraj - founder of Sify Finacle and India Business Unit at Infosys Ltd. He served as Vice President - Finance Suresh Babu - founder of Suresh Productions at Infosys Ltd and also served in various capacities in Finance department. Amul Sanghai - Founder of Unicorn Group Deal Participant – Target V Shankar - founder of Computer Age Management Services Founded in 2010, Avekshaa Technologies Pvt. Ltd., an IT consulting and services Deal Participant – Target company, provides assurance, validation, and engineering of applications and IT Founded in 2012, Sumiran Spiritual Services Private Limited operates an online platform systems for performance, availability, security, and scalability of system architecture. that provides religious products to devotees from religious places in India. It offers The company offers consulting services, including performance optimization services prasad of various temples in Andhra Pradesh, Assam, Chandigarh, Gujarat, Jharkhand, to diagnose and solve similar problems associated with performance and scalability of Jammu and Kashmir, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Odisha, applications and IT systems; infrastructure engineering services; architecture services; Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, and West Bengal. and product scalability assessment and benchmarking services. Deal Value Deal Value N. A. ` 2.5 Mn Sapience Analytics Raises Series B Round From Orios Venture GemPundit Gets Seed Funding From Angel Investors Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2014, Orios Venture Partners is a venture capital firm specializing in early Undisclosed stage and start-up companies. The firm seeks to invest in technology, consumer Deal Participant – Target internet, software product companies, and B2B software products for global markets. Founded by Nitin Yadav, GemPundit is a Gurgaon based company, which offers loose Deal Participant – Target gemstones and colored gemstone jewelry on its platform. Fortuna Retail Private Founded in 2008, Sapience Analytics Pvt. Ltd. provides software solutions to measure Limited operates gempundit.com that sells loose gemstones and colored gemstone the time spent on applications, activities, and projects by each employee. Its solutions jewelry online. The company sells an array of natural colored gemstones, including determine which applications are used by each employee on his/her desktop and for precious stones (sapphires, emeralds, rubies, natural pearl, etc.) and semi-precious how long; and generate actionable trends that help senior management to optimize stones (amethyst, topaz, malachite, lapis lazuli, etc.); and gemstone jewelry, including business efficiency, and individual and teams to improve their own work output. rings, pendants, and bracelets. Deal Value Deal Value ` 450 Mn Undisclosed

TimeSaverz Raises Seed Funding Matrix Partners Invests In Referral Hiring Startup GrownOut Deal Participant – Investor Fund Deal Participant – Investor Fund Individual Investors: Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start up, Neville Taraporewalla early stage, late stage and growth capital investments. It primarily invests in software Rajesh Sawhney – Founder of GSF Accelerator and services, communications equipment, semiconductors, storage, Internet, and include Ashish Jhalani - Founder at eTailing India wireless sectors. The firm also seeks to invest in systems, online marketing, advertising, Nitesh Kripalani - ex-Digital Business Head at Sony Entertainment mobile content and commerce, enterprise software, data services, web marketplaces, Dinesh Agarwal - Founder of Indiamart online and offline gambling, innovative online retail models, online media, publishing, Nish Bhutani - COO of Saffronart consumer Internet, devices, energy, mobile, Internet infrastructure, networking, mobile, Deal Participant – Target SaaS, technologies. Founded in 2012, Timesaverz Dotcom Private Limited provides an online solution for Deal Participant – Target busy individuals to get help for at-home services by agents in Mumbai. The company’s Founded in 2014, GrownOut Solutions Pvt. Ltd. operates a job referral portal for referral solution allows services providers to create profile, check the fee structure, check for hiring needs. Its portal allows building networks, creating jobs, matching profiles, and jobs, deliver service, and rate their services seekers. Its service enables services accessing right pool of professionals for hiring; assists candidates in getting referrals seekers to book agents for various services from their networks and making interviews happen; and empowers human resource Deal Value teams/recruiters to filter, shortlist, and manage relevant profiles to recruit the ideal N. A. candidates. Deal Value N. A.

AdNear Secures Series B Funding From Telstra Ventures, Others Nirvana Ventures, 500 Startups Invest In KartRocket Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 2011, Telstra Applications and Ventures Group is a venture capital arm of Founded in 2011, Nirvana Venture Advisors is a private equity and venture capital firm Telstra Corporation Limited specializing in seed funding. The firm is focussed on specializing in startups, early-stage, later stage, and early growth investments. The firm opportunities that offer technology and solutions which leverage Telstra’s assets and invests in mobile, internet, network companies, and electronic payments markets with a enable Telstra to offer new products and services to its customers. It makes focus on e-commerce, online travel, online advertising and marketing, mobile and digital investments in in applications for next-generation platforms such as broadband, mobile content, and other areas that leverage internet for scale, distribution or low cost and cloud-based services with an early focus on applications that support e- customer acquisition. commerce, e-health and e-learning. 500 Startups is an incubator, venture capital firm and an accelerator specializing in seed Founded in 1998, Global Brain Corporation is a venture capital firm specializing in investments in startups and early stage companies. It seeks to invest in financial seed and early stage companies. The firm also invests in incubation. It invests in both services, e-commerce, search/social/mobile platforms, personal & business productivity, B2C and B2B companies in software, network, security, media and entertainment, consumer, education & language, family & healthcare, web infrastructure, and food next generation web service, e-commerce, bio and healthcare, and green technology technology sector. sectors. Deal Participant – Target Deal Participant – Target Founded by Saahil Goel, Gautam Kapoor and Vishesh Khurana, KartRocket is a do-it- Founded in 2012, AdNear is the leading location intelligence platform that leverages yourself ecommerce platform. It is an end-to-end ecommerce enablement platform that location and context to power data driven marketing for advertisers. Their data allows entrepreneurs to create their ecommerce store, mobile app, accept online & COD platform is built on top of proprietary technology giving us the strength of location payments, ship their orders across India and also get sales from marketplaces such as awareness without the need of GPS or operator assistance. Amazon, eBay and Snapdeal. Deal Value Deal Value $ 19 Mn $ 2 Mn

42 PE/VC Deals August - October

Ventureast Tenet Fund Invests In Healthcare Startup MediAngels Educational Activity Kit Maker Flinto Secures Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Ventureast Fund Advisors India Limited is a private equity and venture capital firm Founded in 2013, Globevestor, Inc. provides Globevestor, a global online venture specializing in all stages, incubation, mezzanine, and growth capital investments in capital platform that facilitates cross-border early-stage investing with a focus on small and medium middle market enterprises. The firm prefers to invest in technology emerging markets. Its platform connects global investors and mentors with promising and technology-enabled sectors. startups in emerging markets, facilitating the movement of smart capital and know-how Deal Participant – Target across borders to help build businesses. Founded in 2010, Angels Health Private Limited provides online medical advices and Deal Participant – Target consultation, second opinions, and lab tests in India and internationally. The company Founded in 2013, Flinto Learning Solutions Private Limited provides learning kits for operates an eHospital, which provides access to qualified and experienced medical children in the age group of three to six years. Its learning kits contain illustrated story specialist consultation services for various ailments. It offers MediAngels eQuery books, family board games, hands on activity kits (based on basic science), art and craft system that enables to ask questions, as well as provides answers to common doubts projects (fine tuning motor skills and creativity), and engaging games in relation to and general health queries; MediAngels eConsult, which provides medical expert themes. consultation and detailed assessments. Deal Value Deal Value ` 18 Mn $ 1 Mn

Matrix Partners Leads Investment In Restaurant Management Portal LimeTray Update: Senco Gold Raises Funding From Saif Partners Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start Founded in 2001, SAIF Partners is a private equity and venture capital firm specializing up, early stage, late stage and growth capital investments. It primarily invests in in incubation, seed, early-stage, late stage, and growth capital investments. The firm software and services, communications equipment, semiconductors, storage, Internet, invests organically and through acquisitions. It may also invest in companies which are and wireless sectors. undervalued relative to their long-term growth prospects and special situations. Other Investors: Deal Participant – Target Umang Kumar - CEO Gaadi.com Founded in 1983, Senco Gold Limited manufactures and supplies gold and diamond Ankur Singla - CEO, Akosha jewelry. It also offers platinum and silver handware, neckware, pendants, earrings, and Ankur Warikoo - Head-APAC, Groupon rings for various occasions, such as marriage, upanayan, annaprasan, anniversary, and Kunal Khattar and Anurakt Jain. gifting for marriage, as well as novelties; and astrological stones. In addition, it offers Deal Participant – Target franchising opportunities. Founded in 2013, Alchemy Web Pvt Ltd. develops and operates LimeTray, a web- Deal Value presence and web-marketing portal for food and beverage businesses. ` 800 Mn Deal Value N. A.

Matrix Partners Leads Investment In Restaurant Management Portal LimeTray Qualcomm Ventures Invest In Traffic Info App Maker Birds Eye Systems Deal Participant – Investor Fund Deal Participant – Investor Fund Founded in 1977, Matrix Partners is a venture capital firm specializing in seed, start Founded in 2000, QUALCOMM Ventures is a venture capital arm of QUALCOMM Inc. up, early stage, late stage and growth capital investments. It primarily invests in specializing in seed, start-up, early stage, growth stage, mid stage, late stage, and software and services, communications equipment, semiconductors, storage, Internet, expansion stage investments. The firm typically invests in following sectors: and wireless sectors. communication devices, wireless communication components and infrastructure, Other Investors: wireless software infrastructure, 3G, wireless internet, platforms, applications, and Umang Kumar - CEO Gaadi.com services, enabling and complementary technologies, clean technology, mobile cloud Ankur Singla - CEO, Akosha computing, cross platform solutions, energy, healthcare, integrated system providers. Ankur Warikoo - Head-APAC, Groupon Deal Participant – Target Kunal Khattar and Anurakt Jain. Incorporated in 2010, Birds Eye Systems Pvt. Ltd. provides real time traffic monitoring Deal Participant – Target solutions. It offers Traffline.com, a Web interface that provides real time traffic Founded in 2013, Alchemy Web Pvt Ltd. develops and operates LimeTray, a web- information to road commuters; and Taxi Go, a mobile application that helps commuters presence and web-marketing portal for food and beverage businesses. book a radio taxi using their phones. Deal Value Deal Value N. A. N. A.

Zippr Secures Funding From Indian Angel Network Tattva Spa Secures Funding From IAN Deal Participant – Investor Fund Deal Participant – Investor Fund Indian Angles Indian Angel Deal Participant – Target Deal Participant – Target Founded by Aditya Vuchi, Zippr is a central location management service that enables Founded in 2010 by Shipra Sharma, Aditya Kaushal, Karan Goyal and Mrs. Anita users to create, manage and share short codes. The app recognises the location of Kaushal, Tattva is a leading spa services management company with 25 spa centers the user on a map and assigns a unique eight-digit alpha-numeric identity. One can across India. Managed by a young team of professionals from IIMs and premier send the id to friends in the form of SMS, mails or even Whatsapp messages, relatives Engineering colleges, Tattva is an established player in the wellness services sector. and customers. Deal Value Deal Value N. A. ` 60 Mn

Catamaran exits power equipment maker TD Power Systems with around 26% Alternatives raises $900M in second India infra PE fund IRR Deal Participant – Investor Fund Deal Participant – Exit Fund Undisclosed Founded in 2009, Catamaran Investment Pvt Ltd. is venture capital and private equity Deal Participant – Target firm specializing in startups, early stage, growth capital, mezzaine stage, and late Founded in 2002, IDFC Private Equity is a private equity and venture capital arm of stage investments. The firm seeks to invest globally with a focus in India. Infrastructure Development Finance Co. Ltd. specializing in growth investments in Deal Participant – Target infrastructure and real estate. The firm prefers to invest in power generation, Founded in 1999, TD Power Systems Limited manufactures and sells AC generators transmission, and distribution; telecom including mobile and cable; clean technology, in India and internationally. It operates through Manufacturing Business, Project energy, oil and gas exploration and production, refining, transmission, and distribution; Business, and EPC segments. The company offers generators for thermal, geo transportation including ports, airports, roads, shipping, airlines, railways, and logistics. thermal, and solar energy applications; generators for various types of hydro turbines, Deal Value such as Kaplan, Francis, and Pelton turbines; generators for diesel and gas engines, ` 5,500 Cr and gas and wind turbines; and generators for special applications, such as transformer testing. Deal Value N. A. 43 Summary of PE / VC Update

No. of PE/Vc Deals by Sector BFSI 1% 1% 1% 1% 1% Education 1% 5% 3% FMCG 5% Food & Beverages Health Care 14% IT/ITES Manufacturing Media & Entertainment NBFC 5% Others 48% 4% Pharmaceuticals Power 11% Real Estate Textiles

No. of PE / VC Deals by Size (Rs Crore) Undisclosed 12% 9% 26% 0-100

8% 100 - 200

6% 39% 200-500 500-1000

44 RealReal Estate Estate UpdateUpdate Real Estate Deals August - October

Sheth Developers Secures Funding From BlackSoil Realty Fund Update: Ashok Leyland Sells Chennai Property (Real Estate) Deal Participant – Investor Fund Deal Participant – Acquirer Blacksoil is promoted by Shashi Kiran Shetty, CMD of Allcargo Logistics Limited, and Undisclosed Navneet Education managing director Gnanesh Gala Deal Participant – Target Deal Participant – Target Founded in 1948, Ashok Leyland Limited manufactures and sells commercial vehicles in Founded in 1993, Sheth Developers Private Limited, through its subsidiaries, provides India and internationally. Its products include buses, such as city, sub-urban, inter-city, real estate development services. The company also offers infrastructure development school and staff, and special buses; trucks for various applications, including long-hauls, services through Public Private Partnership format. It focuses on the development of distribution, construction, and mining; light vehicles; and defense vehicles. The company airports, railways, transportation systems, townships, complexes and hi-rise towers, also offers power solutions, such as engines that power generator sets, marine and roads and bridges applications, earth-moving equipment, compressors, cranes, harvester combines, and Deal Value others. Undisclosed Deal Value ` 2100 Mn

Shubham Housing Secures Investment From Motilal Oswal, Others Blackstone, Embassy Group Buys Four Season Hotel; Goldman Sachs Exits Deal Participant – Investor Fund Deal Participant – Exit Fund Founded in 2006, Motilal Oswal Private Equity Advisors Private Limited is the private Founded in 1869, The Goldman Sachs Group, Inc. provides investment banking, equity and venture capital arm of Motilal Oswal Financial Services, Ltd. It specializes securities, and investment management services to corporations, financial institutions, in growth capital, buyout, mezzanine, and PIPE investments in small and medium governments, and high-net-worth individuals worldwide. It operates through four enterprises in middle market. The firm prefers to invest in healthcare, consumer driven segments: Investment Banking, Institutional Client Services, Investing & Lending, and businesses, including those in the information technology and manufacturing fields. Investment Management. Founded in 2006, Helion Venture Partners, LLC is a venture capital firm specializing in Deal Participant – Target investments in early, mid, and late stage. The firm also selectively invests in seed Founded in 1960, Four Seasons Holdings Inc. owns and operates a chain of hotels and stages. It invests in high growth technology powered businesses with a focus on resorts in North America, Central and South America, Europe, Africa, the Middle East, enterprise software, software-as-a-service (SaaS) hosted on cloud, premise-based Asia, and the Pacific. It provides space for meetings and events, and weddings. The software, mobile, Internet, internet services, technology products, and outsourcing company was formerly known as Four Seasons Hotels Inc. and changed its name to sectors. Four Seasons Holdings Inc. in April 2007. Founded in 2006, Elevar Equity is a private equity and venture capital firm specializing Deal Value in investing in growth oriented entrepreneurs building microfinance institutions, Undisclosed financial services firms, and other companies providing essential products and services to the base of the pyramid in emerging markets. Deal Participant – Target Incorporated in 2010, Shubham Housing Development Finance Company Private Limited provides home improvement and new-home loans. Deal Value ` 1,220 Mn

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