RBSA India Deals Snapshot April to September 2015

Total Page:16

File Type:pdf, Size:1020Kb

RBSA India Deals Snapshot April to September 2015 India Deals Snapshot April - September 2015 Merger & Acquisition Update Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Kanoria Chemicals CoSyst Chemical Rs. 4.29 Cr CoCubes Edcited Education NA Clariant Chemicals Lanxess Chemical Rs. 13.5 Cr Snapdeal Unicommerce Ecommerce NA Capillary Technologies MartJack Ecommerce Rs. 15 Cr Molson Coors Mount Shivalik Breweries Food & Beverages NA PropTiger OoBI Media Real Estate NA Konica Minolta Monotech Systems Others NA XSEED PleoLabs Education NA Snapdeal Freecharge Ecommerce Rs. 2,800 Cr. Matrimony.com App Matchify Ecommerce NA Grofers Mygreenbox Others NA Quest Life Sciences Fortis Clinical Research Pharmaceuticals & NA Research Zomato MapleGraph Food & Beverages NA Avaya KnoahSoft Others NA Antuit Prognos Others NA Carzonrent Rinding Logistics NA Toppr Peer EasyPrep Education NA American CRO Parexel Quantum Solutions India Pharmaceuticals & NA Research Havells India Backed Promptec Manufacturing Rs. 65 Cr. MakeMyTrip App MyGola Telecom NA Canadian BroadbandTV YoBoHo Media Entertainment NA Practo Fitho Healthcare NA CarDekho BuyingIQ Ecommerce NA Hello Curry Paratha Post Ecommerce NA Explara IndianStage.in Event management NA SPI QwikCart Telecom NA SEED Ignis Careers Education Rs. 1.60 Cr Mastek Limited IndigoBlue Consulting NA Customer360 Angel funding Finance Rs. 31.78Cr Torrent Pharma Derma Formulation Pharmaceuticals NA Myntra Native5 IT/ITES NA Pricol Johnson Controls Others NA Enterprises Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount JSS Medical CRO Max Neeman Research NA Talentpad OptimizedBits IT/ITES NA Private Investors Samosa Food & Beverages NA mGage Unicel IT/ITES NA JSS Medical CRO Max Neeman Research NA Godavari Biorefineries Mandala Capital Manufacturing Rs. 90 cr Royal Enfield Harris Performance Automobile NA Enzen Global Luminous Renewable Consulting Rs. 12 cr Energy Holiday IQ SourceN IT/ITES NA Lupin Ltd Medquimica Industria Pharmaceuticals NA Bedbathmore.com Homado Others NA Frutarom Sonarome Manufacturing Rs. 109 cr Bharat Fritz Proteck's Machinery Engineering Rs. 40 cr Business Askme BestAtLowest IT/ITES Rs. 63 cr Globant Clarice Technologies IT/ITES NA Emerson Ameya Transmission Media & NA Entertainment Aurionpro Solutions Ltd. Awaaz De Manufacturing NA Digital Vidya Digital Academy India Others NA Zuari Agro Mangalore Chemicals Manufacturing Rs. 393 cr HDFC Bank CarDekho Ecommerce NA Snapdeal Martmobi Others NA Housing.com Realty BI Infrastructure Rs. 10 cr TalentSprint Java Learning Center IT/ITES NA Vodafone India BhartiAirtel Limited Telecom Rs. 1274.70 cr Vincotte Greece Industrial Manufacturing NA Kellton Tech ProSoft Technology Group Others NA Midstream LLC Reliance Holding USA, Inc Manufacturing NA Enterprise System IONIT IT/ITES NA Solutions Eicher Motors Swedish Truck & Volvo Automobile Rs. 1695 cr LetsTransport Shifter Others NA Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Tata Group Flisom Manufacturing & Rs. 290 cr. Engineering BedBathMore.com Crude Area Petroleum NA BigBasket Delyver Logistics NA Aequs Pvt Ltd T&K Machine Inc Engineering NA Cookpad Cucumbertown Others NA Snapdeal Letsgomo Labs Telecom NA News Corp PropTiger Media & NA Entertainment Micromax Informatics Ixigo Others NA Healthkart’s Homeobuy Pharmaceuticals NA Square Yards LUXE Infrastructure NA Peters Surgical Stericat Gutstrings Healthcare Rs.75 Cr. implilearn Market Motive Education Rs.63 Cr. Radhakishan Damani Hotel Radisson Blu Hotel Rs.135 Cr. Resorts Monocept GetMeFood Food & Beverages NA Man Diesel MaxWatt Turbines Automobile NA Amazon Inc Bank bazaar NBFC NA EMC Ltd BM Khaitan Others Rs.100 Cr Spice Digital Functionapps Lab Telecom NA Mirah Hospitality Hopping Chef Food & Beverages Rs. 3 Cr. Franklin Templeton Pantaloons Fashion & Others Rs.143 Cr. Retail Ltd. ClickIndia Sharingdais Others NA Practo Genii Others NA Wipro Designit Research Rs.594 Cr Amcor Flexibles Packaging India Private Logistics Rs.165 Cr Limited, L&T Finance Grameen Capital India NBFC NA NewsHunt BuyT IT/ITES NA Andromeda Apnapaisa.com NBFC NA Lupin LTD Temmler Pharmaceuticals Rs.5610 Cr Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Rajesh Exports Valcambi Logistics Rs.2568.42 Cr Jugnoo (Socomo BookMyCab Logistics NA Technologies) Tubacex Prakash Steelage Limited Manufacturing & Rs. 209.16Cr. Engineering BNP Paribas Sharekhan NBFC NA Bharti Airtel YTS Solutions Telecom NA Infuse Ventures ecommerce Portal Others NA Flipkart FX Mart Pvt Ltd Media & NA Entertainment Dineout inResto Services Pvt Ltd Food & Beverages NA Turant Delivery Zippon Logistics NA Wincourse Mappr Education NA Sudip Bandyopadhyay Inditrade Capital Others NA Nihilent Technologies Intellect Bizware Consulting NA Livspace YoFloor Ecommerce NA Practo Insta Health Healthcare Rs. 80 Cr HomeLane Doowup Others NA Toshiba Corporation UEM India Media & NA Entertainment Suvidhaa Infoserve Aasaanpay Media & NA Entertainment Gympik FitnessPapa Healthcare NA Furdo Indus Homes Pvt Ltd Infrastructure Rs.2.64 Cr MRG Group Aura Grande Others Rs.100 Cr Sterlite Technologies Elitecore Telecom Rs.180 Cr Helpchat App Niffler Food & Beverages NA Synechron Crossbridge Consulting NA E-tailerLivSpace Dwll.in Ecommerce NA Lupin Ltd Biocon Ltd Pharmaceuticals NA Gloob Décor Banana Interactive Others NA PE / VC Update Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Mandala Capital Jain Irrigation's Agriculture Rs. 112 Cr Angel Funding Blue gape NA Rs. 1.2 Cr. Accel and SAIF Partners Swiggy Food & Beverages Rs. 12 Cr. Virtual Funds Unitus Seed Others NA Credit Suisse Aditi Technologies Price Jugaad IT/ITES Rs.1 Cr. Genpact Sequoia Capital Press Play Media and $2.2 Mn Angel investors Entertainment HNIs Wellness Forever Healthcare Rs. 20Cr. RAAY Global Singapore's Thakral family Middle East-based Allana Group Omnivore Partners Ecozen Solutions Power Rs. 6.2 Cr. Steadview Capital Quikr IT/ITES Rs. 900 Cr. Tiger Global Sweden's Investment AB Kinnevik Vinod Khosla Neo Growth Credit Private NBFC NA Omidyar Network Limited Aspada Investments SIDBI Annapurna Microfinance NBFC Rs.25 Cr. Indian Angel Network Logi Next Solutions Logistic Rs. 3 Cr. NEA First Cry Others $10 Mn Valiant Capital IDG Ventures India Vertex Venture Holdings SAIF Partners Tree Line Asia Mobi Kwik Others $25 Cisco Investments American Express Sequoia Capital Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Matrix Partners Purple Squirrel Others NA India Quotient Fund Sequoia Capital Urban Ladder Ecommerce $50 TR Capital Stead view Capital SAIF Partners Kalaari Capital Angels Indulge Beverages Food & Beverages Rs. 12.5 Cr. Helion Venture Partners DST Global Ola Logistics Rs. 1,952 Cr. Tiger Global Steadview Capital Accel Partners ABG Capital Mauritius Investments & Others Warburg Metropolis Healthcare NA Helion Venture Partners Whatfix NA NA Powerhouse Ventures GSF Angel investors Unitus Seed Fund IMMI Healthcare Rs. 50 Lacs Jungle Ventures Commeasure Hotels & Hospitality Rs. 6 Cr. Accel Partners Capri Coast Others Rs. 8 Cr. PE firm CX Partners Nayi Disha IT/ITES Rs. 2 Cr. Kae Capital The Porter Logistics Rs. 3 Cr. Dragoneer Investment Zop Now E- commerce Rs. 62 Cr. Accel Partners QualComm Ventures Times Internet Info Edge India Zomato Food and Beverages NA Sequoia Vy Capital Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Dish TV Apollo Global Others Rs. 262.56 Cr Tiger Global Grofers Logistics Rs. 220Cr. Sequoia Capital Indian Angel Gadgetwood IT/ITES NA Network:Ajai Chowdhury Nitin Singhal Ashvin Chadha Yogesh Bansal Lightspeed LocalOye IT/ITES $5 Tiger Global Ranbir Kapoor Tod's Retail India Pvt. Ltd Retail Rs. 5.5 Cr. SAIF Partner UrbanClap IT/ITES Rs. 10 Cr. Accel Partners Snapdeal DST Global Ola Logistics $400mn GIC Falcon Edge Capital SoftBank Group Tiger Global Steadview Capita Accel Partners Powai Lake Ventures Doormint IT/ITES NA Ascent Capital Robosoft IT/ITES Rs. 22 Cr. Kalaari Capital Agnus Capital Pastiwala.com Others Rs. 24.8 Cr. GIC Sulekha.com Others Rs. 175 Cr. Norwest Venture Partners Angel investors StitchWood.com Others Rs. 4.5 Cr. TPG Hokey Pokey Food & Beverages Rs.5 Cr. Helion Ventures The Phoenix Fund FindYahan IT/ITES NA Angel funding Eat.Shop.Love IT/ITES Rs. 22 Cr. Snapshot of Mergers & Acquisitions Update from April to September 2015 Acquirer Target Sector Amount Sequoia Capital Crafts villa IT/ITES Rs. 110 Cr. Nexus Venture Partners Light speed Venture Accel US Coverfox IT/ITES Rs. 75 Cr. Accel India SAIF Partners Take Solutions Bodhi Health Health Care Rs. 75 Lakh Ratan Tata Xiaomi IT/ITES NA Angels LogicRoots.com E- commerce Rs. 2.5 Cr. Infuse Ventures Green India Building Others NA Systems Everstone Aon Hewitt's Others NA IDFC ONGC Tripura Power Rs. 426 Cr. Development Company Ltd. Tengelmann, Verlinvest GFG IT/ITES $35M Value Investor SeQuent Scientific Ltd Chemical Rs. 52.25 Cr. Mankekar Merrill Lynch Mytrah Energy Power $ 60 million International Aion Direct Singapore CARE Hospitals Advent International Health Care NA Nirlon Ltd Singapore's Sovereign Others Rs. 568.32 Cr. Wealth Fund GIC ASK Group Puravankara Ltd. Real Estate Rs. 82 cr. Piramal Fund Ganesh Housing Real Estate Rs. 225 Cr. Management Bessemer Venture Triangle Travel.com E- commerce Rs. 50 Cr. Partners SAIF Partners HR Fund
Recommended publications
  • India Weekly Newsletter]
    India January 30 Weekly Newsletter 2012 This document covers news related to India with a special focus on areas like mergers & acquisitions, private equity & venture capital. Volume 121, January 30th, 2012 For the period January 23, 2012 to January 29, 2012 January 30, 2012 [INDIA WEEKLY NEWSLETTER] Highlights Ocean Sparkle Calls Off TAG Offshore Acquisition…(3) ONGC Videsh To Acquire 15% Stake In OAO Yamal…(4) Content Pages Mitsubishi Electric Corp Acquires Pune Based Mergers & Acquisitions News 3-5 Messung Group…(5) Mergers & Acquisitions Deals 5-8 Strides Arcolab Sells Ascent Pharmahealth To Watson Pharma…(6) Private Equity News 8-10 VG Siddhartha’s Coffee Day Group Ups MindTree Stake To 18%…(7) Private Equity Deals 10-12 Temasek to invest Rs685 cr In Godrej Venture Capital News 12-12 Consumer for 5% Stake…(8) Venture Capital Deals 13-14 Ansal Properties to raise Rs300 cr for Gurgaon Project…(9) India Infoline Venture Capital Fund Raises Rs 500 cr Realty Fund…(10) KIMS Raises Rs170 cr From OrbiMed, Ascent Capital…(11) IL&FS Buys Logix Group's Noida Property For Rs600 cr…(12) Online Jewellery Store BlueStone.com Raises $5 mn VC Funding…(13) Sequoia Invests Rs20 cr In E-Recharge Portal- Freecharge.in…(13) InRev Systems Raises SeriesA Funding…(14) Confidential LKP Securities Limited 2 January 30, 2012 [INDIA WEEKLY NEWSLETTER] Mergers & Acquisitions News Ocean Sparkle Calls Off TAG Offshore Acquisition Ocean Sparkle's acquisition talks with TAG offshore have not fructified. P Jairaj Kumar - chairman and MD of Ocean Sparkle did not elaborate on the reason for not going ahead with the $100 mn proposal, citing a confidentiality clause with TAG Offshore.
    [Show full text]
  • Offer Opens on February 16, 2016 Offer Closes on March 01, 2016 Schedule of Activities of the Open Offer Is Given Below
    LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer is sent to you as a Public Shareholder (as defined below) of Inditrade Capital Limited (the “Target Company”). If you require any clarifications about the action to be taken, you may consult your stockbroker or investment consultant or Manager to the Offer or Registrar to the Offer as defined herein below. In case you have recently sold EquityShares of the Target Company held in physical form, please hand over this Letter of Offer and the accompanying Form of Acceptance cum Acknowledgement and transfer deed to the members of Stock Exchange through whom the said sale was effected. Open Offer (“Open Offer” / ”Offer”) By Mr. Sudip Bandyopadhyay (“Acquirer1”) Residing at: Ansal Heights, Block – B, Flat No. 1801, 18th Floor, Worli Naka, Mumbai – 400018, Maharashtra, India; Tel.: 022–61484700 AND Juno Moneta Technologies Private Limited (“Acquirer 2”) Registered Office: PhoenixHouse, 203 - 2nd floor, B Wing, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013, Maharashtra, India.; Tel.: 022–61484700;Fax: 022-61484710 AND A.T. Invofin India Private Limited (“Acquirer 3”) Registered Office: A-60, Naraina Industrial Area, Phase – I, New Delhi – 110028, India.; Tel.: 011 -41411071/72; Fax: 011-41410839 (Acquirer 1, Acquirer 2 and Acquirer 3, hereinafter collectively referred as “Acquirers”) To acquire up to 6,113,445 (Sixty One Lakh Thirteen Thousand Four Hundred Forty Five) Equity Shares (as defined below), constituting 26% (twenty six percent) of the Emerging VotingShare Capital (as defined below). (“Offer Share” / ”Offer Size”) OF Inditrade Capital Limited (“Target Company”) Registered Office: XXXVI - 202, J.
    [Show full text]
  • Corporate Venturing Report 2019
    Tilburg University 2019 Corporate Venturing Report Eckblad, Joshua; Gutmann, Tobias; Lindener, Christian Publication date: 2019 Document Version Publisher's PDF, also known as Version of record Link to publication in Tilburg University Research Portal Citation for published version (APA): Eckblad, J., Gutmann, T., & Lindener, C. (2019). 2019 Corporate Venturing Report. Corporate Venturing Research Group, TiSEM, Tilburg University. General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal Take down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim. Download date: 24. sep. 2021 Corporate Venturing 2019 Report SUMMIT@RSM All Rights Reserved. Copyright © 2019. Created by Joshua Eckblad, Academic Researcher at TiSEM in The Netherlands. 2 TABLE OF CONTENTS LEAD AUTHORS 03 Forewords Joshua G. Eckblad 06 All Investors In External Startups [email protected] 21 Corporate VC Investors https://www.corporateventuringresearch.org/ 38 Accelerator Investors CentER PhD Candidate, Department of Management 43 2018 Global Startup Fundraising Survey (Our Results) Tilburg School of Economics and Management (TiSEM) Tilburg University, The Netherlands 56 2019 Global Startup Fundraising Survey (Please Distribute) Dr.
    [Show full text]
  • Young Entrepreneurs Flourishing in a Promising Environment: a Study In
    Journal of Management Engineering and Information Technology (JMEIT) 2394 - 8124 Volume -2, Issue- 6, Dec. 2015, ISSN: Website: www.jmeit.com | E-mail: [email protected]|[email protected] Young Entrepreneurs Flourishing In a Promising Environment: A Study In Reference to Contemperory Business Startups and Global Investing Practices Pawan Kalyani Pawan Kalyani, MRES [email protected] Abstract: Entrepreneurship is a mindset of a person who scope of negotiating and bargaining, customer took the wants to do things differently in a new fashion, he is the advantage of competition and price war, but it has one thing it person who want to achieve a great heights, wants to is a very time consuming option. As the scenario changes innovate and be creative. In today’s contemporary scenario people have shifted towards technology driven things and due young generation of India want to be entrepreneur not a job to shortage of time and offers people like to buy online, via seeker. There are many examples when graduates from IIT websites and smartphones. Here comes the topic of interest who / IIMs refused to do job and started their own venture. They are the people, who are providing the facilities to buy or sell find the gaps in demand and supply, analyze requirement goods online, they are entrepreneur. An entrepreneur looks into and tries to fulfill them. They are different from traditional the gaps in existing business model or provide a new and businessman they are ambitious, risk takers having high innovative way of doing the things. In the case of online desires of achievements that motivates them to get their purchasing it’s the purchasing of the goods, but in a different goals.
    [Show full text]
  • Corporate Venturing Report 2019
    Corporate Venturing 2019 Report SUMMIT@RSM All Rights Reserved. Copyright © 2019. Created by Joshua Eckblad, Academic Researcher at TiSEM in The Netherlands. 2 TABLE OF CONTENTS LEAD AUTHORS 03 Forewords Joshua G. Eckblad 06 All Investors In External Startups [email protected] 21 Corporate VC Investors https://www.corporateventuringresearch.org/ 38 Accelerator Investors CentER PhD Candidate, Department of Management 43 2018 Global Startup Fundraising Survey (Our Results) Tilburg School of Economics and Management (TiSEM) Tilburg University, The Netherlands 56 2019 Global Startup Fundraising Survey (Please Distribute) Dr. Tobias Gutmann [email protected] https://www.corporateventuringresearch.org/ LEGAL DISCLAIMER Post-Doctoral Researcher Dr. Ing. h.c. F. Porsche AG Chair of Strategic Management and Digital Entrepreneurship The information contained herein is for the prospects of specific companies. While HHL Leipzig Graduate School of Management, Germany general guidance on matters of interest, and every attempt has been made to ensure that intended for the personal use of the reader the information contained in this report has only. The analyses and conclusions are been obtained and arranged with due care, Christian Lindener based on publicly available information, Wayra is not responsible for any Pitchbook, CBInsights and information inaccuracies, errors or omissions contained [email protected] provided in the course of recent surveys in or relating to, this information. No Managing Director with a sample of startups and corporate information herein may be replicated Wayra Germany firms. without prior consent by Wayra. Wayra Germany GmbH (“Wayra”) accepts no Wayra Germany GmbH liability for any actions taken as response Kaufingerstraße 15 hereto.
    [Show full text]
  • Inside Marking 50 Years of Gay Rights Protests Innovations in Aging Produce Vouchers Free for Low-Income Seniors ..7 “Apps” for Everything
    A publication of Philadelphia Corporation for Aging 2013 July 2015 Free Inside Marking 50 years of gay rights protests Innovations in Aging Produce Vouchers Free for low-income seniors ..7 “Apps” for everything By Marcia Z. Siegal They’re commonly known as “apps,” short for applications, a software tool that allows you to perform specific tasks. They are available on mobile devices, such as smartphones and tablet computers, and you can make use of them to track your blood pressure, pay your bills, check if your train is running on time and connect with your loved ones. Apps bring the world to you, and they’re literally at your fin- gertips. Art from the Heart: “There are so many incredible apps out there, Helps children with grief... 8 and many of them are free,” says Gillian Robbins, librarian in the Business, Science and Industry Department of the Free Library of Philadelphia’s Parkway Central Library. Photo by courtesy of John James of courtesy by Photo Tobey Dichter, CEO of Generations on Line, John James (in suit, left) was one of 39 protesters who picketed Independence Hall on July 4, 1965. which promotes Internet access for seniors, concurs. “Mobile apps can provide instant grat- By Linda L. Riley by the Mattachine Society of Washington, ification,” she says. “Speed, ease and conven- D.C., a group that was dedicated to activism ience of tablet and other mobile technology, In 1965, John James was a 24-year-old in support of gay rights. Mattachine, James • continued on page 17 computer programmer for the National In- explained, means “behind the mask.” stitutes of Health.
    [Show full text]
  • Fintech Monthly Market Update | July 2021
    Fintech Monthly Market Update JULY 2021 EDITION Leading Independent Advisory Firm Houlihan Lokey is the trusted advisor to more top decision-makers than any other independent global investment bank. Corporate Finance Financial Restructuring Financial and Valuation Advisory 2020 M&A Advisory Rankings 2020 Global Distressed Debt & Bankruptcy 2001 to 2020 Global M&A Fairness All U.S. Transactions Restructuring Rankings Advisory Rankings Advisor Deals Advisor Deals Advisor Deals 1,500+ 1 Houlihan Lokey 210 1 Houlihan Lokey 106 1 Houlihan Lokey 956 2 JP Morgan 876 Employees 2 Goldman Sachs & Co 172 2 PJT Partners Inc 63 3 JP Morgan 132 3 Lazard 50 3 Duff & Phelps 802 4 Evercore Partners 126 4 Rothschild & Co 46 4 Morgan Stanley 599 23 5 Morgan Stanley 123 5 Moelis & Co 39 5 BofA Securities Inc 542 Refinitiv (formerly known as Thomson Reuters). Announced Locations Source: Refinitiv (formerly known as Thomson Reuters) Source: Refinitiv (formerly known as Thomson Reuters) or completed transactions. No. 1 U.S. M&A Advisor No. 1 Global Restructuring Advisor No. 1 Global M&A Fairness Opinion Advisor Over the Past 20 Years ~25% Top 5 Global M&A Advisor 1,400+ Transactions Completed Valued Employee-Owned at More Than $3.0 Trillion Collectively 1,000+ Annual Valuation Engagements Leading Capital Markets Advisor >$6 Billion Market Cap North America Europe and Middle East Asia-Pacific Atlanta Miami Amsterdam Madrid Beijing Sydney >$1 Billion Boston Minneapolis Dubai Milan Hong Kong Tokyo Annual Revenue Chicago New York Frankfurt Paris Singapore Dallas
    [Show full text]
  • The Pe & M&A Quarterly
    JUNE 2020 JUNE 2020 | ISSUE 4 THE PE & M&A QUARTERLY Quarterly News, Trends and Developments Off the Record “The COVID-19 pandemic has adversely affected all sectors in India and across the globe, except a few. Though initially it was expected that the pandemic would end in a few months, it appears that it will continue for a longer period. Many PE firms and strategic investors have paused or deferred or slowed down their investment plans for the next 6 to 8 months. However, there are exceptions in case of a few. The deal making activity in India appears uncertain for the remainder of this year. On the M&A side, domestic deals are being evaluated. It is getting harder to close transactions in view of mismatch in expectations of the seller and buyer. The present situation has forced them to realign their objectives and expectations. In signed deals, material adverse change clauses are being evaluated, and in new deals it is being made as exhaustive as possible to ensure possible exit in case of change in environment. The overall structure of doing deals is going through a change and the focus is shifting to value creation and sustainability. There is a reasonable possibility that towards the end of the year, if we return to some sense of normalcy, there will be a significant increase in M&A and PE activity.” Satish Kishanchandani, Managing Partner FEATURED JUDGEMENT Banyan Tree Growth Capital vs Axiom Cordages Limited and Ors. 1 ISSUE 4 JUNE 2020 LEGAL UPDATES NON-FATF MEMBERS ALLOWED TO REGISTER AS CATEGORY I-FPI SEBI Updates April 07, 2020: The Securities and Exchange Board of India (“SEBI”) has relaxed the rules with respect to SNAPSHOT offshore funds seeking to get registered under the • For all relevant COVID-19 relaxations in “properly regulated” Foreign Portfolio Investor (“FPI”) compliances permitted by SEBI, visit our category.
    [Show full text]
  • RBSA India Deals Snapshot – February 2015
    India Deals IndiaSnapshot Deals FEBRUARYSnapshot 2015 November 2014 Index Snapshot of Mergers & Acquisitions Update for 4 February 2015 Mergers & Acquisitions Deals for February, 2015 5 - 7 Summary of Mergers & Acquisitions Update 8 Snapshot of PE / VC Update for February, 2015 10 - 12 PE / VC Deals for February, 2015 13 - 20 Summary of PE / VC Update 21 Real Estate Deals for February, 2015 23 RBSA Range of Services 24 Contact Us 25 Merger & Acquisition Update 3 Snapshot of Mergers & Acquisitions Update for FEBRUARY 2015 Acquirer Target Sector Stake Rs. (In Cr.) Sila Solutions Private Ltd. Evocare Pest Control Solutions Others 51% N.A. Exotel Techcom Pvt. Ltd. Blank Page Innovations Pvt. Ltd. IT/ITES N.A. N.A. AliPay (China) Internet Technology One97 Communications Ltd. IT/ITES 25% N.A. Company Ltd. Foodpanda GmbH JustEat Food & Beverages N.A. N.A. Warren Tea Ltd. Pressman Advertising Ltd. Media & Entertainment 8.52% ` 7 Cr. Future Consumer Enterprises Ltd. Integrated Food Park Private Ltd. Food & Beverages 28.86 N.A. Adfactors PR Pvt. Ltd. Yorke Communications IT/ITES N.A. N.A. RJ Corp iClinic Healthcare Pvt. Ltd. Healthcare N.A. N.A. Bigtree Entertainment Pvt. Ltd Eventifier Media & Entertainment N.A. ` 6.18 Cr. Quadragen Vet Health Private Ltd. Karnataka Nutraceutical Healthcare N.A. N.A. Ipca Laboratories Ltd. Krebs Biochemicals & Industries Ltd. Pharmaceuticals 16.73% ` 9.54 Cr. Natures Basket Ltd. EkStop Shop Pvt. Ltd. E-commerce N.A. N.A. Snapdeal Exclusively.in E-commerce 100% N.A. Tekni-Plex Inc., Ghiya Extrusions Private Ltd. Manufacturing N.A. N.A.
    [Show full text]
  • 9Th March to 22Nd March 2019 BFSI Newsletter Investment and Exit
    9th March to 22nd March 2019 BFSI Newsletter Investment and Exit Indian Angel Network invests Rs. 3.5 crore in Pune-based automobile parts startup SparesHub 15TH March 2019.Zeebiz Indian Angel Network has invested Rs 3.5 crore in Pune-based start-up SparesHub, an automobile parts start-up. SparesHub will utilise the funds for its geographical expansion and to strengthen its technology capabilities...more Binny Bansal and others invest $ 65 mn in Acko general insurance 13TH March 2019.Asia Insurance Post Tech based general insurer Acko has raised $65 million in its Series C financing round, from Binny Bansal, co-founder of Flipkart; RPS Ventures, led by KabirMisra, ex- managing partner at Softbank; and Intact Ventures Inc. - corporate venture arm of Canada's largest property & casualty insurer...more Fund Raise Punjab & Sind Bank to raise equity capital of Rs 500 cr via QIP 15TH March 2019.Money Control State-owned Punjab & Sind Bankon Friday said it would raise up to Rs 500 crore by issuing fresh equity shares through qualified institutional placement...more Allahabad Bank looks to raise Rs 500 crore via non-core asset sale 16TH March 2019.Business Standard Allahabad Bank expects to raise about Rs 500 crore from the sale of its non-core assets. These assets include the bank's 28.52 per cent stake in Universal Sompo General Insurance, and about 12 properties across India...more Karur Vysya Bank Raises Rs 487 Cr 13TH March 2019.Business world Karur Vysya Bank on Wednesday said it has raised Rs 487 crore through Basel-III compliant bonds to fund its growth plans.
    [Show full text]
  • The 58 Most Active Venture Capital Firms for Startups in India
    The 58 Most Active Venture Capital Firms For Startups In India (and their investing patterns) ©2018 Inc42 All Rights Reserved Feel free to share this ebook without modification. 1 Introduction Once a startup has reached the growth stage, its most important requirement is undoubtedly the backing by reliable investors and an ample amount of funding to scale up. Though the concept of starting up has gained momentum recently, the small number of investors willing to show their trust and invest in new ventures has been a problem for startups. Many startups find it difficult to approach venture capitalists and quite a few times the investment structure of the investor is inadequate for the startup. So in this document, we bring to you the much needed list of the most active institutional investors and capital funds in India along with their investment capacity, investment structure, investment industries and some of their most notable portfolio startups. 2 Helion Venture Partners Investing in technology-powered and consumer service businesses, Helion Ventures Partners is a $605 Mn Indian- focused, an early to mid-stage venture fund participating in future rounds of financing in syndication with other venture partners. People You Should Know: Sandeep Fakun, Kanwaljit Singh. Investment Structure: Invests between $2 Mn to $10 Mn in each company with less than $10 Mn in revenues. Industries: Outsourcing, Mobile, Internet, Retail Services, Healthcare, Education and Financial Services. Startups Funded: Yepme, MakemyTrip, NetAmbit, Komli, TAXI For Sure, PubMatic. Contact Details: 8040183333, 01244615333, 3 Accel Partners Accel Partners founded in 1983 has global presence in Palo Alto, London , New York, China and India.
    [Show full text]
  • Annual Deal List
    Annual Deal List 16th annual edition Contents Section Page Mergers & Acquisitions 04 1. Domestic 05 2. Inbound 15 3. Merger & Internal Restructuring 18 4. Outbound 19 Private Equity 23 QIP 67 IPO 69 Disclaimer This document captures the list of deals announced based on the information available in the public domain. Grant Thornton Bharat LLP does not take any responsibility for the information, any errors or any decision by the reader based on this information. This document should not be relied upon as a substitute for detailed advice and hence, we do not accept responsibility for any loss as a result of relying on the material contained herein. Further, our analysis of the deal values is based on publicly available information and appropriate assumptions (wherever necessary). Hence, if different assumptions were to be applied, the outcomes and results would be different. This document contains the deals announced and/or closed as of 23 December 2020. Please note that the criteria used to define Indian start-ups include a) the company should have been incorporated for five years or less than five years as at the end of that particular year and b) the company is working towards innovation, development, deployment and commercialisation of new products, processes or services driven by technology or intellectual property. Deals have been classified by sectors and by funding stages based on certain assumptions, wherever necessary. Dealtracker editorial team Pankaj Chopda and Monica Kothari Our methodology for the classification of deal type is as follows: Minority stake - 1%-25% | Strategic stake - 26%-50% | Controlling stake - 51%-75% | Majority stake - 76%-99% Maps are for graphical purposes only.
    [Show full text]