Index

Particulars No.

Snapshot of Mergers & Acquisitions Update for 4 February 2016

Mergers & Acquisitions Deals for February, 2016 5 & 6

Summary of Mergers & Acquisitions Update 7

Snapshot of PE / VC Update for February, 2016 9

PE / VC Deals for February, 2016 10 – 14

Summary of PE / VC Update 15

RBSA Range of Services 16

Acquirer Target Sector Stake Rs. in Cr

Aequs SiRA Group Other NA NA

Housejoy MyWash E-Commerce NA NA

KKR investment Sunteck Realty Ltd Construction NA Rs.150 Cr

Next Education India Pvt ltd InOpen Technologies Pvt ltd Education NA NA Wipro Limited HealthPlan Healthcare NA Rs.3150 Cr Amazon Westland Ltd. Education NA Rs.9.5 Cr Premji Invest (The private equity arm of Azim Premji, Chairman Fabindia Overseas Pvt. Ltd. Other NA Rs.360 Cr of Wipro Limited ) Kedaara Capital and Partners Au Housing Finance Finance NA Rs.950 Cr group

Aequs acquires French Aerospace group Sira KKR to Invest Rs150 Crore in Luxury Housing Projects Deal Participant – Acquirer by Sunteck Realty Aequs, Karnataka based maker of components and Deal Participant – Acquirer systems for some of the world’s biggest aerospace KKR is a global investment firm that manages investments companies was founded in 1997, by two friends, Aravind across multiple asset classes, including private equity, Melligeri and Ajit Prabhu. Aequs specializes in precision energy, infrastructure, real estate, credit strategies and machining, sheet metal fabrication, assembly, forging, and hedge funds. special processing for the aerospace, automotive, and oil Deal Participant – Target & gas industries. Sunteck Realty Limited (SRL) is a Mumbai-based real Deal Participant – Target estate development company, catering to the ultra-luxury SiRA Group, operating across five sites, employs over 300 and luxury residential segment. SRL boasts of a city people and offers highly regarded expertise in the areas of centric development portfolio of about 25 million square precision machining, assembly, and testing of engine, feet spread 24 projects at various stages of development landing gear, and aircraft actuation components, as well as and rented assets. welding and fabrication of aircraft assemblies. Deal Value Deal Value Rs.150 Cr Undisclosed Synergy Benefits Synergy Benefits Sunteck Realty sees the investment by KKR as an SiRA will bring expertise in engine components and opportunity to grow in the highly competitive luxury realty landing gear, which Aequs did not have. With the market. This strategic investment will allow Sunteck to application of SiRA’s expertise and Aequs’s capabilities, explore bigger acquisition opportunities by leveraging its Aequs is confident of offering lower cost manufacturing to brand and execution abilities. the aerospace industry.

Home Services Venture Housejoy Acquires MyWash Next Education acquires (IIT-B)-incubated startup Deal Participant – Acquirer InOpen Technologies Housejoy, Bengaluru-based leading home services Deal Participant – Acquirer provider, is an Amazon-backed startup that was launched Hyderabad-based Next Education India Pvt. Ltd, founded in January 2015. It has developed into a leading service in 2007 by Beas Dev Ralhan and Raveendranath Kamath provider in the home services industry by offering a range provides creative and fun learning modules to more than of maintenance, home repairs, electrical, plumbing, home 7,000 partner schools and junior colleges across India. cleaning and computer repair services. Moreover, Next Education is a fast-growing, technology-driven Housejoy also provides beauty and in-house bridal company revolutionising the education system in India. makeup services. Deal Participant – Target Deal Participant – Target Mumbai-based InOpen Technologies Pvt. Ltd., an MyWash, an on-demand laundry and dry cleaning educational development and teacher training solutions company, was founded in 2014 by BITS Pilani alumni, firm was founded in IIT Bombay, in 2009 by IIT Prof. Raghu Bharat and Silus Chintapalli, along with Balaji Sridhar Iyer, and Rupesh Shah, who trained college Ashok, who is an engineering graduate from Anna students in open source and adult literacy. University. MyWash.in is the first online laundry service & They are an IIT Bombay based educational start up with online dry washing service in India. They do laundry and developing high quality academic content through intense dry cleaning and deliver at just the tap of a button. research. Deal Value Deal Value Undisclosed Undisclosed Synergy Benefits Synergy Benefits With the acquisition of MyWash, Housejoy will now be Through this strategic move, Next Education aims to equipped to provide doorstep pickup and delivery for dry ensure better integration between NextBooks and cleaning and laundry services. Housejoy will also get the computer science. As part of this deal, InOpen’s talent benefit of operational knowledge of the same. pool will also merge into Next Education's 2,000-strong team.

Wipro Acquires US-based HealthPlan for US$460 Amazon buys 26% stake in Tata-owned publishing Million house Westland Deal Participant – Acquirer Deal Participant – Acquirer Wipro Limited (Western India Products Limited) is an Amazon.com, Inc., often referred to as simply Amazon, is Indian multinational Digital Strategy, IT consulting and an American electronic commerce and cloud System Integration Services Company headquartered computing company. Amazon.com started as an in Bangalore, India. Wipro Limited is a global company online bookstore, later diversifying to other products. provider of comprehensive IT solutions and services, Amazon also sells certain low-end products like USB including Systems Integration, Consulting, Information cables under its in-house brand AmazonBasics. Systems outsourcing, IT-enabled services, and R&D Deal Participant – Target services. Westland Ltd is a wholly owned subsidiary of Trent Deal Participant – Target Limited, the retail arm of the Tata group. Westland is an HealthPlan Services has its headquarters in Florida and is amalgamation of two companies, EastWest Books a leading, independent technology and business process (Madras) Pvt Ltd. and Westland Books Pvt Ltd. EastWest as a Service (BPaaS) provider in the US health insurance has a long history of over 45 years in both publishing and market. It provides technology platforms to health distribution. As the present company Westland Limited insurance companies in ancillary, group and individual has the expertise both in retailing and distribution of markets. books, besides publishing quality literature. Deal Value Deal Value Rs.3150 Cr Rs.9.5 Cr Synergy Benefits Synergy Benefits This strategic acquisition will enable Wipro Limited to gain This Deal gives Westland access to international markets, the first mover advantage in the highly competitive and boosting its physical and digital book businesses. And with high growth American health insurance market. It is also this investment, Amazon completes a full-circle, an opportunity for the company to expand its payer considering it started as an online bookstore when it was portfolio. first launched.

Premji Invest Picks Up 8% L Capital Stake in FabIndia Kedaara capital teams up with Partners Group to for INR360 Crore acquire Au Housing Finance in an INR 950 crore deal Deal Participant – Acquirer Deal Participant – Acquirer Premji Invest, the private equity arm of Wipro Limited Private Equity firm, Kedaara capital is an operationally chairman Azim Premji, is a private equity firm with $1 oriented private equity firm pursuing control and minority billion assets under management. It invests in both private investment opportunities in India and Partners Group is a and public equity of companies operating in India. The firm global private markets management firm. They manages a was founded in 2008 and is based in Bangalore, broad range of funds, structured products and customized Karnataka. portfolios. Deal Participant – Target Deal Participant – Target FabIndia Overseas Pvt. Ltd is an Indian chain Au Financiers(India) Limited, one of the fastest growing store retailing garments, furnishings, fabrics and ethnic Rajasthan based Non-Banking Finance Company, is an products handmade by craftspeople across rural India. outcome of the professional entrepreneurship of its Established in 1960 by John Bissell, an American working Founder Sanjay Agarwal & his highly experienced & for the Ford Foundation, New Delhi. Today it has over 170 competent management team. Au Financiers is a stores across India and abroad, and is managed by his Systematically Important Non Deposit Accepting NBFC as son, William Bissell. classified by RBI, in Rajasthan. Deal Value Deal Value Rs.360 Cr Rs.950 Cr Synergy Benefits Synergy Benefits This investment by Premji Invest will allow FabIndia to It is an strategic acquisition for launching an home finance increase its customer base to 10 million by opening business. another 40 retail outlets across India and Overseas.

M & A Deals by Sectors

E-Commerce 13% 12% Other

13% Construction

25% Education

healthcare

25% Finance 12%

M & A Deals By Size (Rs. In Cr)

Undisclosed 25% 37% Below 100

100 - 300

13% 300 - 500

Above 500 13% 12%

Investor Fund Target Sector Stake Rs. in Cr

Green house Venture (GHV PindropMusic & RoadGods E-Commerce NA Rs.0.67 Cr Accelerator)

Oranda Global Perfumery E-Commerce NA Rs.0.2 Cr

Dunamis Ventures Pte Ltd. Mazkara E-commerce NA Rs.6.84 Cr

Shervin pishevar and Nyca Partners Zendrive IT/ITES NA Rs.91 Cr

Ratan Tata Moglix E-commerce NA NA Green house Venture (GHV Istyle You and AdUrCup Others NA Rs. 0.67 Cr Accelerator) Vandana Luthara ( the founder of SmartCooky E-Commerce NA NA VLCC )

Sixth Sense Ventures Weddingz.in E-Commerce NA NA Media & Unicorn India Ventures Inc24 NA NA Communication Endiya Partners & Sateesh Andra Hansel.io IT/ITES NA NA (Managing Partner at Venturest) Aqeel Ahmed ( former COO, GlamStudios E-Commerce NA NA Rategain) Media & Angle Investors Affimity NA Rs.8 Cr Communication Angle Investors igrenEnergi IT/ITES NA Rs.6 Cr

Kalaari Capital RKSV Securities E-Commerce NA Rs.27 Cr

Angle Investors Medinfi healthcare Healthcare NA NA

Angle Investors BabyBerry Healthcare NA Rs.6.8 Cr

lvyCap Ventures Taskbob E-Commerce NA Rs.28 Cr

Accel Partners Juspay Technologies Pvt Ltd IT/ITES NA Rs.40 Cr

Insitor Impact Asia Fund Edubridge Learning Pvt Ltd Education NA Rs.17.1 Cr OfBusiness (operated by OFB Matrix Partners E-Commerce NA Rs. 34.2 Cr Tech Pvt Ltd)

Mr. Ratan Tata NestAway Technologies Pvt Ltd E-Commerce NA NA

Facebook co-founder Eduardo Saverin Hopscotch.in E-Commerce NA Rs.89 Cr PindropMusic and RoadGods Raises Funds from Mobile-Tech Startup Zendrive Raises Funds GHV Accelerator Deal Participant – Investor Fund Deal Participant – Investor Fund Shervin Pishevar is a serial entrepreneur, leading venture GHV Accelerator stands for Green House Ventures capitalist, and angel investor. He is also a co-founder and Accelerator. GHV Accelerator will be providing Startups managing director at Sherpa Ventures. Nyca Partners is a with a controlled environment, optimized & appropriate venture capital and advisory firm exclusively focused on resources, along with sustainability funding, helping them applying innovation in financial services into the global to grow multifold in a shorter timeframe. This enables financial system. Thomvest is a $250mm venture capital greater control over the growing environment of Ventures fund based in Silicon Valley. They invest in companies Deal Participant – Target that range from early stage companies to those seeking PindropMusic - founded in November 2015 by Prankush growth equity rounds of financing. Roopanwal, Sumit Chakraborty and Vishu Gupta, is a Deal Participant – Target music discovery app that lets the users enjoy music Zendrive, founded in 2013 by Jonathan Matus and Pankaj based on various factors that affects an individual’s Risbood, (operated by Zendrive Technologies India Pvt mood, which depends on their location, weather Ltd) uses artificial intelligence algorithms to analyse conditions, time of the day and their activity. sensor data and return actionable insights for fleets and RoadGods (operated by RoadGods AutoGear Pvt Ltd)- drivers. It tracks actions such as acceleration, braking, founded in 2014 by Apoorv Mangalam and Ashish Kumar, swerving and phone use and gives users a 'driver score'. designs road travel accessories and sells the products Its technology can be used by a broad list of industries through its online platform. Its product range includes and products including on-demand services, commercial helmets, car music system, trekking rucksacks and fleets, taxi aggregators, insurance, city planning, motorcycle baggage among others. mapping, driving instruction, and roadside assistance Deal Value companies. Rs.0.67 Cr Deal Value Rs.91 Cr

Oranda Global, Others Invest In Perfumery Glam-Tech Startup Mazkara Raises US $1 Million in Deal Participant – Investor Fund Seed Funding Oranda Global is a professional firm headquartered in Deal Participant – Investor Fund New Delhi, India, and incorporated with the objectives of Dunamis Ventures Pte. Ltd. engages in designing, Consulting for MSME and Enterprise Clients globally product application, research and development, across Metals, Mining, Utilities, Infrastructure, Realty, manufacturing, promotion, marketing, and sales and BFSI, Insurance, Manufacturing, Hospitality, Healthcare, distribution of solar and other energy products and/or its Aviation, Travel, Tourism & Services verticals, Strategic related technologies. The company is based in Outsourcing, Consulting and Advisory Services for Singapore. Sustainable Development and Green initiatives, And Deal Participant – Target other angle investors. Mazkara was founded in March 2015 in Dubai, by Deal Participant – Target Pransanjeet Roy, who used to head advertisement sales Perfumery, founded in August 2015, by Mohit Khatri, in Old Dubai and Northern Emirates for Zomato, and Tushar Patel and Shaurya Kiran, is an online eCommerce Mohammed Ali Akmal. Subsequently, the company platform which sells fragrances. The company provides opened up its branch in Pune in August 2015. Mazkara is ‘Specialized Sampling Services’ for high end luxury a hyper-local salon & spa guide with comprehensive fragrances, which is claimed to be one of its kind services information about each and every salon and spa in their in India. Apart from that, the product inventory includes city. hard to find niche perfumes as well as hard to find Deal Value fragrances. Rs.6.84 Cr Deal Value Rs.0.2 Cr

Ratan Tata Invests In B2B Sourcing Platform Moglix NDTV's SmartCooky Gets Funding From Vandana Deal Participant – Investor Fund Luthra Ratan Naval Tata GBE is an Indian businessman, Deal Participant – Investor Fund investor, philanthropist and chairman Emeritus of Tata Vandana Luthra, the founder of the well-known beauty Sons. Ratan Tata has served in various capacities in and wellness brand VLCC started VLCC in 1989, as a organizations in India and abroad. He is a member of the beauty and slimming services center in Safdarjung Prime Minister's Council on Trade and Industry and the Development Area, New Delhi. Now the business National Manufacturing Competitiveness Council. operates in 11 countries in South Asia, South East Asia, Deal Participant – Target the GCC Region and East Africa. Noida based B2B marketplace for industrial goods Deal Participant – Target Moglix, founded in August this year by Rahul Garg, is a Smartcooky.com is an ecommerce venture of New Delhi global marketplace for all your Industrial supplies, MRO Television Limited (NDTV) that sells healthy foods and equipment, tools and materials. It is an online platform for personal care products. Smartcooky.com is based on all the need of Industrial Tools (Power Tools, Hand Tools, NDTV's current food site www.food.ndtv.com, which Adhesives, Safety & Security and Electricals. currently has over three million unique visitors a month. Deal Value Deal Value Undisclosed Undisclosed

GHV Accelerator On boards IStyleYou and AdUrCup Sixth Sense Ventures Invests In Weddingz.in Deal Participant – Investor Fund Deal Participant – Investor Fund Green House Ventures, On the lines of Green House, will Sixth Sense Ventures is India’s first domestic consumer be providing Startups with a controlled environment, centric venture fund, founded by Nikhil Vora (Ex- optimized & appropriate resources, along with Managing Director of IDFC Securities) who is regarded as sustainability funding, helping them to grow multifold in a one of the strongest analytical minds in the country. Sixth shorter timeframe. This enables greater control over the Sense has a formidable founding team that includes one growing environment of Ventures of the most reputed corporate CEOs of a large domestic Deal Participant – Target consumer company. IStyleYou-founded in 2015 by Pallav Modi, Amit Kejriwal Deal Participant – Target and Vinayak Khanijo, IStyleYou is a mobile fashion founded in 2015, Weddingz.in (operated by L Fast Brands platform that provides personalised styling services to the Pvt Ltd) is a online marketplace and discovery platform users. Through the app, the users get their own for wedding services, venues and vendors. It provides professional stylists. wedding venue recommendations. It also connects users AdUrCup-founded in 2015 by Abhishek Verma, Harshit with wedding service providers such as photographers, Mittal, Kumar Kushang and Nitin Prakash, AdUrCup makeup and mehendi artists and planners. (operated by Adcount Technologies Pvt Ltd) is an affiliate Deal Value offline advertising network targeted at the Food & Undisclosed Beverages Industry. Deal Value Rs. 0.67 Cr

News and Events Startup Inc42 Secures Funding Mobile Development Toolkit Startup Hansel.io Raises Deal Participant – Investor Fund Funding From Endiya Partners Unicorn India Fund Mumbai based VC fund Unicorn India Deal Participant – Investor Fund Ventures, They are investing in startups who are solving Endiya Partners is an early-stage venture capital fund real life problems through their business and whose aim that invests in startups in Technology, Healthcare & is to develop a World-class Product or Service, along with Consumer Services sectors and Sateesh Andra is a a clutch of investors and Mohandas Pai & Ranjan Pai’s Managing Partner at Ventureast, primarily overseeing the fund Aarin Capital is a venture capital firm specializing in Ventureast Tenet Fund, a premier seed-stage VC Fund direct and fund of funds investments. It seeks to invest in consisting of investments across technology and mid-stage startups, and growth capital. technology-enabled sectors. Deal Participant – Target Deal Participant – Target Founded in January 2014 by Vaibhav Agarwal, Pooja Hansel.io is set to support more than 8.7 million mobile Sareen and Utkarsh Agarwal, Inc42 is a tech media development specialists and hopes to change mobile company that covers and reports on the Indian startup software management in the production environment. ecosystem. Apart from providing news and related Currently, Hansel.io currently enables mobile developers content, the Delhi-based venture also runs a number of to control their applications at runtime by providing entrepreneur and startup-focused events, such as solutions that work within the framework of the various Pulse42, StartupPulse, and more recently, launched mobile operating systems and ensuring smooth Campus Misfits, which is aimed at the student community. communication between the problem, diagnostics and Deal Value solution. Undisclosed Deal Value Undisclosed

Budget Salon Aggregator GlamStudios Raises Funds Solar Innovator igrenEnergi Raises Funds Deal Participant – Investor Fund Deal Participant – Investor Fund Aqeel Ahmed is the former COO of Rategain. .RateGain Sunil Mehta a New York area Angle Investor. is a software products company offering innovative and Deal Participant – Target value-driven SaaS and on-demand solutions to the IgrenEnergi, a technology innovator in solar and energy hospitality and online travel industry with global storage, founded in 2013 by Jiten Apte, Dr. Sunit Tyagi leadership position in some of its offerings. and Sujit Dey, is engaged in providing energy Deal Participant – Target optimization, storage and conversion products. It aims to Delhi based GlamStudios, an online aggregator of budget build products for efficient energy conversion and salons, founded in 2015 by Sadiya Naseem, an ex- storage, based on its patented 'energy packetisation' member of OYO Rooms leadership team, along with architecture NIFT graduate Darakhshan and IIT Delhi graduate Deal Value Feeroz, GlamStudios (operated by Glam Online Pvt Ltd) Rs.6 Cr partners with salons that have an area of 400 square feet and who offer services starting as low as Rs.20. Deal Value Undisclosed

Online Brokerage and Trading Company RKSV Home Services Platform Taskbob Secures Funding Scoops in Funding Deal Participant – Investor Fund Deal Participant – Investor Fund IvyCap Ventures has launched a venture capital fund Kalaari Capital is an early-stage, technology-focused guided by an entrepreneur-centric investment approach, venture capital firm and Inventus Capital is managed by celebrate excellence, innovation, fresh ideas in sunrise entrepreneurs and industry-operating veterans with the industries and most importantly, the entrepreneurial zeal singular goal of making new entrepreneurs successful. that is at the core of a business venture. Deal Participant – Target Deal Participant – Target Mumbai based online brokerage and trading company, Mumbai-based Crenovative Ideas Pvt Ltd, which operates RKSV Securities founded in 2009 by Raghu Kumar, Ravi home services, start-up Taskbob founded in 2014 by Kumar and Shrinivas Viswanath, offers online trading Aseem Khare and Abhiroop Medhekar, provides instant software (mobile and web) for free, and a low cost home services by sending pre-screened, verified, skilled brokerage plan to retail traders to reduce their brokerage professional serviceman to client’s doorstep to fix their costs. It provides trading services to buy & sell stocks, household appliances such as AC, washing machine, futures & options online. Their commodity provides computer, refrigerator etc. trading services to buy & sell commodities online. Deal Value Deal Value Rs.28 Cr Rs.27 Cr

Parenting App BabyBerry Raises Funds Mobile Payments Startup Juspay Secures Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Angel funding led by industrialist Nitin Bagmane and a Accel Partners, it is a leading early and growth-stage clutch of undisclosed investors. venture capital firm, powering a global community of Deal Participant – Target entrepreneurs. Bengaluru based Cerebrahm Innovations Pvt Ltd, which Deal Participant – Target runs mobile-based, parenting app BabyBerry, founded in Bengaluru based Juspay Technologies Pvt Ltd., which 2014 by Balasubramanian Venkatachalam, Subhashini provides digital payments solutions, founded in 2012 by Subramaniam and Dev Vig, helps parents keep track of Vimal Kumar and Ramanathan RV, offers solutions to their baby’s overall growth and development by providing companies by aggregating services across net banking, a 360-degree experience, covering things such as wallets and cards. It also offers payments technology vaccination charts, growth milestones, information, ‘life solutions to merchants. Its clientele include companies logging’ tools and convenience features such as the like Amazon India, Snapdeal, Bookmyshow, Makemytrip, ability to buy evaluated and recommended products and Yatra, Swiggy, Freecharge, Foodpanda, and Jabong. services. Deal Value Deal Value Rs.40 Cr Rs.6.8 Cr

Medinfi Healthcare Raises Fresh Funds Social Networking Startup Affimity Secures Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Angel Investor Angle Investors. Deal Participant – Target Deal Participant – Target Bengaluru based pure-play platform for searching doctors Bengaluru and San Francisco based social networking and hospitals through web and mobile app, Medinfi start-up, Affimity, founded in 2014 by Venkata Ramana, Healthcare, founded in 2014 by Ravi Krishna Mishra, Amar J Singh and Parveen Mittal, provides a platform for through its web portal and android app helps users locate like-minded people to meet and engage with. It is a social nearest doctors and hospitals for their every-day check- media platform for users to focus on their passions and ups. interests. Deal Value Deal Value Undisclosed Rs.8 Cr

Vocational Training Provider EduBridge Raises Funds Ratan Tata Invests In Home Rental Marketplace Deal Participant – Investor Fund NestAway The Insitor Impact Fund finances companies that offer Deal Participant – Investor Fund low-income families options for increased access to Ratan Naval Tata GBE is an Indian businessman, healthcare, education, affordable housing, water investor, philanthropist and chairman Emeritus of Tata sanitation, and clean energy. The Fund will also invest in Sons. Ratan Tata has served in various capacities in companies whose business models increase the earning organizations in India and abroad. He is a member of the potential of vulnerable communities and existing investor Prime Minister's Council on Trade and Industry and the Acumen Fund. National Manufacturing Competitiveness Council. Deal Participant – Target Deal Participant – Target Mumbai-based Edubridge Learning Pvt Ltd, which Bengaluru based NestAway Technologies Pvt Ltd, a start- provides vocational training services to low-income youth, up that runs a managed home rental marketplace, founded in 2009 by IIM graduate Girish Singhania, founded in 2015 by Amarendra Sahu, Smruti Parida, provides vocational training for low-income youth across Deepak Dhar and Jitendra Jagadev, is an online rural and semi-urban in India. The company currently has marketplace for home rentals that turns unfurnished 60 training centres in Northeast, South and Western houses into fully-furnished and managed apartments and India, and claims to have trained 50,000 unemployed provides them at affordable prices to pre-verified tenants. youth from rural India over the last five years. Deal Value Deal Value Undisclosed Rs.17.1 Cr

Matrix Partners, Others Invest in B2B Marketplace Baby Care Ecommerce Portal Hopscotch Secures ofBusiness Funding Deal Participant – Investor Fund Deal Participant – Investor Fund Matrix Partners is a US-based private equity investment Facebook co-founder, Eduardo Luiz Saverin is firm focusing on venture capital investments. The firm a Brazilian internet entrepreneur, economist and angel invests in seed and early stage companies in the United investor. As of 2015, he owns 53 million Facebook States and India, particularly in the software, shares (approximately 0.4% of all outstanding shares) communications, semiconductors, data and has a net worth of $7.2 billion (according to Forbes). storage, Internet or wireless sectors. He has also invested in early-stage startups Deal Participant – Target Deal Participant – Target Online marketplace for B2B commerce, OfBusiness Hit The Mark Inc, the company behind baby care, focused (operated by OFB Tech Pvt Ltd) founded in 2015 by Asish ecommerce portal Hopscotch.in, Launched in 2012 by Mohapatra, Bhuvan Gupta, Chandranshu, Nitin Jain, Rahul Anand and Lisa Kennedy, Hopscotch, is a boutique Ruchi Kalra and Srinath Ramakkrushnan, focuses on e- discovery based e-commerce start-up offering over 3,000 shopping of manufacturing and construction goods. The local and international brands across multiple product company operates in 10 states across the country and is categories including apparel, shoes, toys and active across two segments - construction and accessories, for infants and kids. manufacturing. It is also planning to offer healthcare Deal Value products on its platform soon. Rs.89 Cr Deal Value Rs.34.2 Cr

PE/VC Deals by Sectors

5% E-Commerce 9% Education

9% IT/ITES

Media & Communication 55% 18% Healthcare Others 4%

PE/VC Deals by Size Rs. In (Crore) 0% 0% 0%

Undisclosed

36% Below 100

100 - 300

300 - 500

64% Above 500 RBSA - Range of Services

Valuation Investment Banking Business Valuation (SEBI Registered Category I Merchant Bank) Valuation of Brands, Intangible Assets & Intellectual Property Mergers & Acquisitions Valuation of Financial Securities, Instruments and Derivatives Transaction Structuring & Advisory Valuation of Industrial Assets, Plant & Machinery Due Diligence - Financial, Tax and Business Valuation of Real Estate Fairness Opinions Valuation of Infrastructure Assets & Specialized Assets Corporate Finance & Advisory Purchase Price Allocations for Mergers & Acquisitions Private Equity and Venture Capital Impairment Studies for Tangible Assets Debt Solutions and Syndications Impairment Studies for Intangible Assets & Goodwill Partner Search and Joint Ventures Mines, Mineral Advisory and Valuation Corporate Restructuring, Business Reorganization Valuation of ESOPs and Sweat Equity Valuation for Tax, Transfer Pricing and Company Law Matters Fairness Opinions

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