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ANNUAL EDITION 2016 2 Dealtracker 2016 | M&A DEALS

M&A DEALS Dealtracker 2016 | M&A DEALS 3

Acquirer Target Sector US$ mn Type Stake

Domestic

Tata Sons Ltd AirAsia India Pvt. Ltd Aerospace & Defense N.A. Increasing stake 10% to 51%

Yara Fertilizers India Pvt Ltd Tata Chemicals Ltd- urea and customised Agriculture & Forestry 400.00 Acquisition 100% fertiliser business

ITC Ltd Technico Agri Sciences Ltd India Agriculture & Forestry 18.10 Acquisition 100%

Rallis India Ltd Metahelix Life Science Agriculture & Forestry 11.28 Increasing stake 19% to 100%

Patanjali Ayurved Ltd RH Agro Overseas (P) Ltd's rice mill in Agriculture & Forestry 10.45 Acquisition 100% Sonipat

Joonktollee Tea & Industries Ltd Keshava Plantations Pvt Ltd-Azizbagh Tea Agriculture & Forestry 4.10 Acquisition 100% Estate

Rallis India Ltd Zero Waste Agro Organics Pvt Ltd Agriculture & Forestry 2.91 Increasing stake 26% to 100%

Mahindra CIE Automotive Limited Bill Forge Pvt Ltd Automotive 198.69 Acquisition 100%

Musale Family Classic Stripes Pvt. Ltd Automotive 53.73 Controlling 51% Stake

Badve Engineering Pvt. Ltd Escorts Ltd- OEM and export business of Automotive N.A. Acquisition 100% auto products division

Minda Industries Ltd ROKI Minda Co. Private Limited Automotive 6.41 Strategic Stake 49%

HDFC ERGO General Insurance Co. Ltd L&T General Insurance Co. Ltd Banking & Financial Services 82.24 Acquisition 100% 4 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Hero Group Hero FinCorp Ltd Banking & Financial Services 44.78 Controlling N.A. Stake

Kotak Mahindra Bank Ltd BSS Microfinance Pvt. Ltd Banking & Financial Services 20.78 Majority Stake 99%

Axis Bank Ltd Max New York Life Insurance Company Ltd. Banking & Financial Services 14.00 Increasing stake 5% to 5.99%

Dr Reddy's Laboratories Ltd Imperial Credit Pvt. Ltd Banking & Financial Services 5.37 Acquisition 100%

Axis Bank Ltd Asset Care and Reconstruction Enterprise Banking & Financial Services 3.39 Minority Stake 14% Ltd

Inditrade Capital Ltd Edel Commodities Trading Ltd Banking & Financial Services 1.94 Acquisition 100%

DCB Bank Ltd Annapurna Microfinance Private Limited Banking & Financial Services 1.50 Minority stake 6%

IDFC Bank ASA International India Microfinance Pvt Ltd Banking & Financial Services 1.30 Acquisition 100%

Corporation Bank National Payment Corporation of India Banking & Financial Services 0.77 Minority Stake 1%

Swastika Investmart Ltd. TradingBells Banking & Financial Services 0.29 Minority Stake N.A.

Kotak Mahindra Bank Ltd Institutional investor Advisory Services India Banking & Financial Services 0.15 Minority Stake 10% Limited.

Life Insurance Corp. of India National Stock Exchange Banking & Financial Services N.A. Minority Stake 2%

Undisclosed Buyer Indian Energy Exchange Banking & Financial Services N.A. Minority stake 4%

IIFL Wealth Management Ltd Chephis Capital Markets Ltd Banking & Financial Services N.A. Acquisition 100% Dealtracker 2016 | M&A DEALS 5

Acquirer Target Sector US$ mn Type Stake

Yes Bank Ltd Institutional investor Advisory Services India Banking & Financial Services N.A. Minority stake 5% Limited.

Edelweiss Asset Management Ltd JPMorgan Asset Management India Pvt. Ltd- Banking & Financial Services N.A. Acquisition 100% Mutual fund business

Yes Bank Ltd Receivables Exchange of India Limited Banking & Financial Services N.A. Minority Stake 8%

IDFC Bank Ltd Grama Vidiyal Micro Finance Ltd Banking & Financial Services N.A. Acquisition 100%

Scale Ventures Guerrilla Ventures Banking & Financial Services N.A. Acquisition 100%

JM Financial Products Ltd India Home Loan Ltd Banking & Financial Services N.A. Strategic Stake 25%

Essel Finance Advisors and Managers Llp Peerless Fund Management Company Banking & Financial Services N.A. Acquisition 100% Limited and the Peerless Trust Management Company Limited

Quikr India Pvt. Ltd. Commonfloor.com - Maxheap Technologies E-commerce 200.00 Acquisition 100% Pvt Ltd

BrainBees Solutions Pvt ltd- Firstcry Mahindra Retail Pvt. Ltd- Babyoye.com E-commerce 54.04 Acquisition 100%

Titan Co Ltd Caratlane.com -Carat Lane Trading Pvt. Ltd. E-commerce 53.32 Majority Stake 62%

Aditya Birla Fashion and Retail Ltd Forever 21- online and offline rights of E-commerce 26.00 Acquisition 100% Indian Bussiness

Info Edge India Ltd. Canvera Digital Technologies Pvt Ltd. E-commerce 2.58 Increasing stake N.A. (canvera.com) to 57%

Info Edge India Ltd. Happily Unmarried Marketing Pvt Ltd E-commerce 0.74 Increasing stake 4% to 48% 6 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Next Education India Pvt. Ltd InOpen Technologies Pvt. Ltd E-commerce N.A. Acquisition 100%

Cross Roads India Assistance Pvt Ltd Amoeba Webware Pvt. Ltd- MeriCAR.com E-commerce N.A. Acquisition 100%

Freshdesk Technologies Framebench Technologies Pvt. Ltd E-commerce N.A. Acquisition 100%

Wings Travels Management Pvt Ltd- LiveMinds Solutions Pvt Ltd -Bookmycab. E commerce N.A. Acquisition 100% wingstravels.in com

Applied Life Pvt Ltd- Sheroes.in Gharkamai E-commerce N.A. Acquisition 100%

1mg Technologies Pvt. Ltd Angels Health Private Limited-MediAngels E commerce N.A. Acquisition 100%

Undisclosed Buyer Vidya Mandir Classes Limited Education 13.00 Controlling 67% Stake

Navneet Education Ltd Encyclopaedia Britannica India Pvt Ltd Education 12.70 Acquisition 100%

Rise India Padhopadhao.com Education 0.22 Majority Stake 60%

Spice Digital Limited (Spice Mobility) Sunstone Eduversity Private Limited Education N.A. Strategic Stake 23%

FitKids Education and Training Pvt. Ltd ThinkLABS Technosolutions Pvt. Ltd Education N.A. Acquisition 100%

Chatur Ideas Pvt. Ltd Nurture Talent Academy Education N.A. Acquisition 100%

Tata Power Renewable Energy Ltd Welspun Renewable Energy Pvt. Ltd. Energy & Natural Resources 1,380.45 Acquisition 100%

JSW Energy Ltd Jindal Steel and Power Ltd(1000 MW power Energy & Natural Resources 606.06 Acquisition 100% plant in Chhattisgarh)

JSW Energy Ltd Jaiprakash Power Ventures Ltd -Bina Energy & Natural Resources 400.00 Acquisition 100% Thermal Power Plant Dealtracker 2016 | M&A DEALS 7

Acquirer Target Sector US$ mn Type Stake

Chubb Alba Control Systems Ltd (United EcoEnergy - Wipro Ltd Energy & Natural Resources 70.00 Acquisition 100% Technologies Corporation)

Bharat Petroleum Corporation Limited Petronet CCK Limited Energy & Natural Resources 11.81 Increasing Stake 26% to 99.99%

Oilmax Energy Pvt Ltd Asian Oilfield Services Energy & Natural Resources 4.48 Majority Stake 56%

Prism Cement Ltd BLA Power Pvt Ltd Energy & Natural Resources 3.13 Minority Stake 15%

Thermax Ltd First Energy Pvt Ltd Energy & Natural Resources 0.90 Minority Stake N.A.

Adani Transmission Ltd Reliance Infrastructure Ltd- three power Energy & Natural Resources N.A. Acquisition 100% transmission projects

Ostro Energy Pvt. Ltd Prathamesh Solarfarms Ltd Energy & Natural Resources N.A. Strategic Stake 49%

India Power Corp. Ltd Meenakshi Energy and Infrastructure Energy & Natural Resources N.A. Majority Stake 89% Holdings Pvt Ltd

Tata Power Renewable Energy Ltd Indo Rama Renewables Jath Limited Energy & Natural Resources N.A. Acquisition 100%

Suzlon Energy Ltd Gale Solarfarms Private Limited, Energy & Natural Resources N.A. Acquisition 100% Tornado Solarfarms Private Limited, Abha Solarfarms Private Limited, Aalok Solarfarms Private Limited and Shreyas Solarfarms Private Limited.

Adani Transmission Ltd Maru Transmission Services Ltd Energy & Natural Resources N.A. Majority Stake 74%

Adani Transmission Ltd Aaravalli Transmission Services Ltd Energy & Natural Resources N.A. Strategic Stake 49%

Embassy Property Developments Pvt. Ltd Mac Charles Hotels Pvt. Ltd Hospitality & Leisure 96.00 Majority Stake 73% 8 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

SAMHI Hotels Pvt Ltd Ascent Hotels Pvt Ltd- Hyatt Regency & Hospitality & Leisure N.A. Acquisition 100% 102 serviced apartments

Yatra Online Pvt Ltd Travel-logs India Pvt Ltd Hospitality & Leisure N.A. Acquisition 100%

InnerChef Pvt Ltd EatOnGo Food Services Pvt Ltd Hospitality & Leisure N.A. Acquisition 100%

InnerChef Pvt Ltd ANRV Flavour Food & Experience Labs- Hospitality & Leisure N.A. Acquisition 100% Flavour labs

Piveta Estates Private Limited Riga Foods Hospitality & Leisure N.A. Controlling 51% Stake

Essel Infraprojects Ltd Patel KNR Infrastructure Ltd and Patel KNR Infrastructure Management 126.87 Acquisition 100% Heavy Infrastructure Ltd

Cube Highways and Infrastructure Pte Ltd Western UP Tollway Ltd Infrastructure Management 88.46 Acquisition 100%

Ace Urban Developers Ltd L&T Infocity Ltd Infrastructure Management 28.80 Majority Stake 89%

Oriental Structural Engineers Pvt Ltd GMR OSE Hungund Hospet Highways Pvt. Infrastructure Management 12.50 Increasing stake 51% Ltd to 61.16%

Dhampur Sugar Mills Limited DETS Limited Infrastructure Management 0.21 Controlling 51% Stake

HCL Technologies Ltd Geometric Ltd IT & ITeS 190.00 Acquisition 100%

Bharat Petroleum Corporation Limited FINO PayTech Ltd IT & ITeS 37.60 Minority Stake 21%

Nihilent Technologies Limited ICRA Techno Analytics Limited IT & ITeS 10.30 Acquisition 100% Dealtracker 2016 | M&A DEALS 9

Acquirer Target Sector US$ mn Type Stake

Infibeam Incorporation Ltd Avenues India Pvt Ltd- CCAvenue IT & ITeS 8.90 Strategic Stake N.A.

Solvy Tech Solutions Pvt Ltd - zopper.com Upsilon Consulting Pvt Ltd- EasyPOS IT & ITeS 5.00 Acquisition 100%

TeamLease Services Ltd NichePro Technologies Pvt Ltd IT & ITeS 4.40 Acquisition 100%

UPL Ltd Weather Risk Management Services Private IT & ITeS 1.49 Strategic Stake 26% Limited

Saksoft Ltd 360 Logica Testing Services Pvt Ltd IT & ITeS 1.20 Increasing stake 25% to 76%

Info Edge (India) Ltd Rare Media Company Pvt Ltd IT & ITeS 1.10 Minority Stake 35%

Times Internet Ltd TheViralShots IT & ITeS N.A. Acquisition 100%

Capillary Technologies Pvt Ltd WebKlipper Technologies Pvt. Ltd- IT & ITeS N.A. Minority Stake N.A. Wenengage

GenY Medium TailCurrent Technologies Pvt. Ltd IT & ITeS N.A. Acquisition 100%

Gaia Smart Cities Solutions Pvt. Ltd netCORE Solutions Pvt. Ltd- IoT business IT & ITeS N.A. Acquisition 100%

Hansa Customer Equity Pvt. Ltd (Hansa D-Square Solutions Pvt. Ltd IT & ITeS N.A. Majority Stake N.A. Cequity)

Hansa Customer Equity Pvt. Ltd (Hansa Forysta Ventures Limited- Inloyal IT & ITeS N.A. Acquisition 100% Cequity)

Newgen KnowledgeWorks Pvt Ltd Exult Infosolutions Pvt Ltd IT & ITeS N.A. Majority Stake 70%

MosChip Semiconductor Technology Ltd Maven Systems Pvt Ltd IT & ITeS N.A. Acquisition 100% 10 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Walkover Web Solutions Pvt. Ltd- MSG91. TOSMS.in IT & ITeS N.A. Acquisition 100% com

Infosys Ltd ideaForge Technology Pvt.Ltd IT & ITeS N.A. Minority Stake N.A.

Saksoft Limited DreamOrbit Softech Private Limited IT & ITeS N.A. Majority Stake 60%

UltraTech Cement Ltd Jaiprakash Associates Ltd(cement plants in Manufacturing 2,416.27 Acquisition 100% five states and a grinding unit)

Nirma Ltd Lafarge India Pvt. Ltd’s cement assets Manufacturing 1,400.00 Acquisition 100%

Birla Corp. Ltd Reliance Cement Company Private Limited Manufacturing 710.00 Acquisition 100%

Orient Cement Ltd Bhilai Jaypee Cement Ltd Manufacturing 216.42 Majority Stake 74%

Orient Cement Ltd Jaypee Nigrie Cement grinding unit Manufacturing 74.63 Acquisition 100%

JSW Steel Ltd JSW Praxair Oxygen Pvt. Ltd Manufacturing 36.00 Increasing stake 74% to 100%

Minda Corporation Panalfa Autoelektrik Ltd Manufacturing 6.79 Acquisition 100%

Apcotex Industries Ltd Omnova Solutions India Pvt Ltd Manufacturing 5.30 Acquisition 100%

Borosil Glass Works Ltd Hopewell Tableware Pvt Ltd Manufacturing 4.15 Acquisition 100%

Manjushree Technopack Ltd Varahi Ltd Manufacturing N.A. Acquisition 100%

Texmaco Rail & Engineering Ltd Bright Power Projects (India) Pvt Ltd Manufacturing N.A. Majority Stake 55%

Dorf Ketal Chemicals India Pvt Ltd Filtra Catalysts & Chemicals Ltd Manufacturing N.A. Acquisition 100% Dealtracker 2016 | M&A DEALS 11

Acquirer Target Sector US$ mn Type Stake

Hero Electronix Pvt. Ltd Tessolve Semiconductor Pvt. Ltd Manufacturing N.A. Strategic Stake N.A.

Havells India Ltd Promptec Renewable Energy Solutions Manufacturing N.A. Increasing Stake 19% to 70%

Hero Electronix Pvt. Ltd TES DST Holding Europe- Indian Business Manufacturing N.A. Acquisition 100%

Borosil Glass Works Klasspack Pvt Ltd Manufacturing N.A. Controlling 60% Stake

Sicagen India Limited Danish Steel Cluster Pvt. Ltd Manufacturing N.A. Acquisition 100%

MosChip Semiconductor Technology Ltd ElitePLUS Semiconductor Technologies Manufacturing N.A. Acquisition 100% Pvt. Ltd

MosChip Semiconductor Technology Ltd Orange Semiconductors Pvt. Ltd Manufacturing N.A. Acquisition 100%

Hindustan Foods Ltd Pond’s Exports Ltd-sale of certain movable Manufacturing N.A. Acquisition 100% assets and inventory

Sony Pictures Networks India Private Ten Sports Network Media & Entertainment 385.00 Acquisition 100% Limited

Zee Media Corporation Ltd & Zee Reliance Broadcast Network(FM Media & Entertainment 283.58 Acquisition 100% Entertainment Enterprises Ltd channels)49% & Entertainment TV business 100%

Zee Media Corporation Ltd Today Merchandise Pvt Ltd and Today Media & Entertainment 24.41 Majority stake 80% Retail Network Pvt Ltd- Bagittoday.com

Cinepolis India Pvt. Ltd DLF Utilities Ltd- DT Cinemas(Saket-6 Media & Entertainment 9.50 Acquisition 100% screens & Greater Kailash Part 2-1 screen) 12 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

YAAP Digital Pvt. Ltd Brand Planet Consultants India Pvt. Ltd Media & Entertainment 3.00 Acquisition 100%

Fork Media Inuxu Digital Media Technologies Pvt. Ltd Media & Entertainment 3.00 Controlling 51% Stake

Ver Se Innovation Pvt Ltd - Dailyhunt Greynium Information Technologies Pvt Media & Entertainment 2.24 Minority Stake 15% Lts- OneIndia

Den Networks Ltd Macro Commerce Pvt. Ltd-tvshop.in Media & Entertainment 0.90 Increasing stake 50% to 82.87%

Delta Corp Ltd Gauss Networks Pvt. Ltd- adda52.com Media & Entertainment N.A. Acquisition 100%

Vidooly Media Tech Pvt Ltd iNiD Digimedia Pvt Ltd- icouchapp Media & Entertainment N.A. Acquisition 100%

Indus Net Technologies Pvt. Ltd TechShu Consultancy Pvt. Ltd. Media & Entertainment N.A. Majority Stake N.A.

Discovery Communications India Pvt. Ltd Turmeric Vision Pvt. Ltd Media & Entertainment N.A. Majority Stake N.A.

Route Mobile Limited Cellent Technologies Media & Entertainment N.A. Acquisition 100%

S. Chand and Co. Pvt. Ltd Chhaya Prakashani Pvt. Ltd Media & Entertainment N.A. Majority Stake N.A.

ScoopWhoop Media Pvt. Ltd Touchfone Technology India Private Limited Media & Entertainment N.A. Acquisition 100%

Piramal Enterprises Ltd Pfizer Ltd- Brands:Ferradol, Neko, Sloan’s Pharma, Healthcare & Biotech 16.50 Acquisition 100% and Waterbury’s Compound

Strides Shasun Ltd Perrigo API India Private Limited Pharma, Healthcare & Biotech 14.71 Acquisition 100%

Taparia Tools Ltd Guardian Lifecare Pvt Ltd Pharma, Healthcare & Biotech 8.21 Majority Stake N.A. Dealtracker 2016 | M&A DEALS 13

Acquirer Target Sector US$ mn Type Stake

Advanced Enzyme Technologies Ltd JC Biotech Pvt. Ltd Pharma, Healthcare & Biotech 7.46 Majority Stake 70%

RPG Life Sciences Ltd Sun Pharmaceutical Industries Ltd- Seven Pharma, Healthcare & Biotech 6.16 Acquisition 100% prescription brands

Intas Pharmaceuticals Ltd RPG Life Sciences Ltd- Biotech unit Pharma, Healthcare & Biotech 3.73 Acquisition 100%

Sequent Scientific Ltd Phyto Chemicals Pvt Ltd Pharma, Healthcare & Biotech 1.00 Majority Stake 51%

Shilpa Medicare Ltd Nu Therapeutics Pvt Ltd Pharma, Healthcare & Biotech 0.48 Increasing stake 32% to 100%

Dishman Pharmaceuticals and Chemicals Schutz Dishman Biotech Ltd Pharma, Healthcare & Biotech 0.34 Increasing stake 50% Ltd to 72.33%

Cadila Healthcare Ltd-Zydus Cadila Zoetis Inc- animal health brands and a Pharma, Healthcare & Biotech N.A. Acquisition 100% manufacturing unit

Zydus Healthcare Limited - Cadila Albert David Limited- Actibile Pharma, Healthcare & Biotech N.A. Acquisition 100% Healthcare Limited

HealthVista India Pvt. Ltd- Portea Medical Health Mantra India Pvt Ltd Pharma, Healthcare & Biotech N.A. Acquisition 100%

Dr. Lal PathLabs Ltd Delta Ria and Pathology Pvt Ltd Pharma, Healthcare & Biotech N.A. Acquisition 100%

Dr. Lal PathLabs Ltd Paliwal Diagnostics Pvt Ltd Pharma, Healthcare & Biotech N.A. Increasing stake 10% to 80%

Dr. Lal PathLabs Ltd Paliwal Medicare Pvt Ltd Pharma, Healthcare & Biotech N.A. Increasing stake 10% to 80%

Torrent Pharmaceuticals Ltd Glochem Industries Ltd-API Manufacturing Pharma, Healthcare & Biotech N.A. Acquisition 100% unit in Vizag 14 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Health Care At Home India Pvt. Ltd Health Impetus Pvt. Ltd Pharma, Healthcare & Biotech N.A. Acquisition 100%

Cadila Healthcare Ltd Issar Pharmaceutical Pvt Ltd- Melgain lotion Pharma, Healthcare & Biotech N.A. Acquisition 100%

Eurolife healthcare pvt. Ltd Baxter India- Form-Fill-Seal (FFS) Infusion Pharma, Healthcare & Biotech N.A. Acquisition 100% business

Quess Corp Ltd Manipal Integrated Services Pvt. Ltd- Professional / Business 32.35 Acquisition 100% Facilities management & Catering business Services

Quess Corp Ltd Terrier Security Services (India) Pvt. Ltd Professional / Business 10.80 Strategic Stake 49% Services

TeamLease Services Ltd ASAP Info Systems Pvt. Ltd Professional / Business 10.00 Acquisition 100% Services

Uniply Industries Ltd Vector Projects (I) Pvt. Ltd Professional / Business 9.50 Acquisition 100% Services

Quess Corp Ltd Simpliance Technologies Pvt. Ltd Professional / Business 0.37 Strategic Stake 45% Services

Big Tree Entertainment Pvt Ltd - Fantain Sports Pvt. Ltd. Professional / Business N.A. Majority stake N.A. BookMyShow Services

Grant Thornton India LLP RMC Global Advisory Services LLP -taxation Professional / Business N.A. Acquisition 100% business Services

Girnar Software Pvt Ltd- Cardekho.com Valueserve Management Consultants Pvt. Professional / Business N.A. Acqui- Hire 100% Ltd Services

Security and Intelligence Services (India) Dusters Total Solutions Pvt Ltd Professional / Business N.A. Majority Stake N.A. Ltd Services Dealtracker 2016 | M&A DEALS 15

Acquirer Target Sector US$ mn Type Stake

RMZ Corp Equinox Business Park Real Estate 353.00 Acquisition 100%

Burman GSC OneHub SEZ project Real Estate 44.78 Increasing stake 51% to 100%

Prestige Estates Projects Limited- Prestige Prestige Whitefield Investment and Real Estate 8.50 Strategic Stake 49% Alta Vista Holdings Developers Private Ltd.

Future Market Networks Ltd Naman Mall Management Company Pvt. Ltd Real Estate N.A. Acquisition 100%

Future retail Ltd Heritage Foods Ltd Retail & Consumer 44.03 Acquisition 100%

Torrent Pharmaceutical Ltd Puro Wellness Private Limited Retail & Consumer 37.31 Majority Stake N.A.

S H Kelkar and Company Ltd Rasiklal Hemani Agencies Pvt Ltd Retail & Consumer 4.20 Acquisition 100%

Keva Flavours Pvt Ltd Hi-Tech Technologies Retail & Consumer 3.76 Acquisition 100%

Talwalkars Better Value Fitness Zorba – A Renaissance Studio Retail & Consumer N.A. Strategic Stake 50%

PC Jeweller Ltd World Gold Council- Azva brand Retail & Consumer N.A. Acquisition 100%

Future Lifestyle Fashions Ltd. Mineral Fashions Pvt Ltd Retail & Consumer N.A. Increasing stake 3% to 52.44%

GirnarSoft Automobiles Pvt Ltd - Cardekho. Help On Wheels Pvt Ltd Retail & Consumer N.A. Acquisition 100% com

LT Foods Limited Deva Singh Sham Singh- 817 Elephant Retail & Consumer N.A. Acquisition 100%

Rays Culinary Delights Pvt Ltd- Sattviko FYNE Superfood Retail & Consumer N.A. Acquisition 100% 16 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Future Group - future retail Ltd Wadhawan Retail Ventures Pvt. Ltd- Sangam Retail & Consumer N.A. Acquisition 100% Direct

PayUmoney Citrus Payment Solutions Pvt Ltd Startup 130.00 Acquisition 100%

Flipkart - Myntra Designs Pvt Ltd Global Fashion Group- Jabong.com Startup 70.00 Acquisition 100%

Hero MotoCorp Ltd Ather Energy Pvt Ltd Startup 30.60 Strategic Stake 26%

Naturals Beauty Salon India Pvt. Ltd Vyomo Pte. Ltd. Startup 15.00 Majority Stake N.A.

Star India Pvt. Ltd Sagacito Technologies Pvt. Ltd Startup 10.00 Minority Stake N.A.

One97 Communications Ltd- Patym Signal Inc- Shifu Startup 8.00 Acquisition 100%

Craftsvilla Handicrafts Pvt Limited- CrazyMind Technologies Pvt Ltd- Sendd Startup 4.50 Acquisition 100% Craftsvilla.com

TVS Automobiles Solutions Ltd Autosense Startup 3.73 Strategic Stake 49%

TVS Automobiles Solutions Ltd Red Sun Telematics Startup 3.73 Acquisition 100%

Curefit Healthcare Pvt Ltd Cult Fitness Pvt Ltd Startup 3.00 Majority Stake N.A.

Gati Limited BrownTape Technologies Pvt Ltd Startup 3.00 Minority Stake N.A.

Syska LED Group Orange Etokri India Pvt. Ltd- Tokri Startup 2.50 Minority Stake N.A.

CASHurDRIVE Marketing Pvt Ltd Rooms Worldwide Private Limited- Startup 2.00 Minority stake N.A. RoomOnCall

LogiNext Solution Pvt Ltd YourGuy Concierge Pvt Ltd Startup 1.50 Acquisition 100% Dealtracker 2016 | M&A DEALS 17

Acquirer Target Sector US$ mn Type Stake

Next Door Learning Solutions Pvt Ltd- Instalabs LLC- Plix Startup 1.50 Acqui- Hire N.A. Onlinetyari

MoMagic Technologies Pvt. Ltd EduAce Services Pvt. Ltd Startup 1.00 Minority Stake N.A.

SBricks Castle Care Pvt. Ltd Homefix Technologies India Pvt. Ltd- Startup 1.00 Acquisition 100% HomeCues

DTDC Express Ltd Llama Logisol Pvt Ltd- Shipsy Startup 0.99 Minority Stake 20%

Info Edge India Ltd. Green Leaves Consumer Services Pvt Ltd- Startup 0.90 Increasing stake 14% BigStylist to 39%

MoMagic Technologies Pvt Ltd Data Magic India Pvt Ltd- mChamp Startup 0.75 Minority Stake N.A.

Careernet Consulting and Ideation Initiative Toprankers Startup 0.67 Minority Stake N.A. Pvt. Ltd

Info Edge India Ltd. Unnati Online Pvt. Ltd- Unnati Helpers Startup 0.60 Minority Stake 29%

Karvin Management Consultants Pvt Ltd- Lawin1 Legal Process Solutions Startup 0.58 Acquisition 100% MyeCA.in

Mahindra & Mahindra ltd Nreach Online Services Pvt Ltd- Giftxoxo & Startup 0.45 Minority Stake 12% Frogo.in

Info Edge India Ltd. Vcare Technologies Pvt. Ltd- Diro Labs Startup 0.45 Minority Stake 12%

Ramco Systems Ltd Smartmegh Solutions Pvt Ltd Startup 0.22 Minority Stake 19%

Info Edge India Ltd. Vcare Technologies Pvt. Ltd- Diro Labs Startup 0.15 Increasing stake 3% to 14.77% 18 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

vCommission Letreach Technologies Pvt. Ltd Startup 0.10 Minority Stake N.A.

vCommission Survar Media Pvt. Ltd- Hoppingo Startup 0.09 Minority Stake N.A.

GBIM Technologies Pvt Ltd GZG Eduservices Pvt Ltd- Gyaanzone Startup 0.05 Minority Stake N.A.

Quikr India Pvt. Ltd. Cryptopy Technologies Pvt Ltd- Grabhouse. Startup N.A. Acquisition 100% com

Godrej & Boyce Manufacturing Company India Circus Retail Pvt. Ltd Startup N.A. Majority Stake 51% Ltd

Tsepak Technologies Pvt ltd- Goodbox Findulum Techlabs Pvt Ltd- SmartPocket Startup N.A. Acquisition 100%

Nreach Online Services Pvt Ltd- Giftxoxo PassionKart Services Pvt Ltd- Actizone Startup N.A. Acquisition 100%

Soulmo Solutions Pvt. Ltd- stylofie.com Rootwork Systems Pvt. Ltd- Hyvestyle Startup N.A. Acquisition 100%

UrbanClap Technologies India Pvt Handy Home Solutions Pvt Ltd Startup N.A. Acquisition 100% -HandyHome.in

HealthVista India Pvt. Ltd- Portea Medical Takecare Technology Pvt. Ltd- PSTakeCare Startup N.A. Majority Stake N.A.

Toppr.com - Haygot Education Private Manch Startup N.A. Acquisition 100% Limited

Sarvaloka Services On Call Pvt. Ltd- House Mywash Technologies Pvt. Ltd Startup N.A. Acquisition 100% Joy

Oravel Stays Pvt Ltd- OYORooms.com Zostel Hospitality Pvt Ltd- Zo Rooms Startup N.A. Acquisition 100%

Sarvaloka Services On Call Pvt. Ltd- House Orobind Fitness Technologies Pvt Ltd Startup N.A. Acquisition 100% Joy Dealtracker 2016 | M&A DEALS 19

Acquirer Target Sector US$ mn Type Stake

Rejuvenate Solutions Pvt Ltd- Zimmber FindYahan India Private Limited- Findyahan. Startup N.A. Acquisition 100% com

Voonik Technologies Pvt. Ltd Getsty Startup N.A. Acquisition 100%

Craftsvilla Handicrafts Pvt Limited- Mayobhu Ventures LLP- PlaceOfOrigin Startup N.A. Acquisition 100% Craftsvilla.com

Magicbricks Realty Services Ltd Invact Technologies Pvt. Ltd- Properji Startup N.A. Acquisition 100%

ANI Technologies Pvt Ltd-Olacabs.com Qarth Technologies Pvt Ltd- X-Pay Startup N.A. Acquisition 100%

Flipkart Online Services Pvt Ltd PhonePe Internet Pvt. Ltd Startup N.A. Acquisition 100%

Phonon Solutions Pvt. Ltd- Orahi Oddeven- Odd-Even.com Startup N.A. Acquisition 100%

Laundry Project India Pvt Ltd- Wassup F9 Enterprises Pvt Ltd- eZeewash Startup N.A. Acquisition 100%

Wingify Software Pvt Ltd Field Fresh Vegfru Pvt. Ltd Startup N.A. Minority Stake N.A.

Freshdesk Technologies Memeticlabs Technologies Pvt Ltd- Airwoot Startup N.A. Acquisition 100%

Spoyl Tech Solutions Pvt. Ltd Revamp My Closet Startup N.A. Acquisition N.A.

IndiQus Technologies Pvt. Ltd Amicus Technologies Pvt. Ltd Startup N.A. Acquisition 100%

Craftsvilla Handicrafts Pvt Limited- F2SO4 Startup N.A. Acquisition 100% Craftsvilla.com

Girnar Software Pvt. Ltd- CarDekho.com ThoughtFabrics Solutions Pvt. Ltd- Startup N.A. Acquisition 100% Connecto 20 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Hello Curry Pvt. Ltd Golden Ginger Services Pvt. Ltd- The First Startup N.A. Acquisition 100% Meal

Humble Mobile Solutions Pvt. Ltd- DriveU ANS Technologies Pvt. Ltd- CallAtHome Startup N.A. Acquisition 100%

Girnar Software Pvt. Ltd- CarDekho.com Volob Technologies Pvt Ltd Startup N.A. Acquisition 100%

Jasper Infotech Pvt Ltd- Snapdeal.com Insightful Labs Pvt Ltd - TargetingMantra Startup N.A. Acquisition 100%

Knowlarity Communications Pvt. Ltd Smartwards Services Pvt. Ltd Startup N.A. Acquisition 100%

OrbitNote Technologies Pvt. Ltd- Moovo.in GoGoods Pvt. Ltd Startup N.A. Acquisition 100%

JM Financial Products Ltd Fairassets Technologies India Pvt Ltd- Startup N.A. Minority Stake 10% Faircent

Quikr India Pvt. Ltd. Beawel Tech Pvt. Ltd- Salosa Startup N.A. Acquisition 100%

Get Driven Technologies Pvt Ltd- Urbtranz Technologies Pvt. Ltd- Driven Startup N.A. Acquisition 100% DriversKart

TVS Automobiles Solutions Ltd Storeji Pvt. Ltd- JazzMyRide Startup N.A. Majority Stake N.A.

Voonik Technologies Pvt. Ltd Zohraa Lifestyles Pvt. Ltd - Zohraa Startup N.A. Acqui-Hire 100%

Voonik Technologies Pvt. Ltd Styl Startup N.A. Acqui-Hire 100%

Voonik Technologies Pvt. Ltd Zakata Technologies LLP- Picksilk Startup N.A. Acqui-Hire 100%

Nreach Online Services Pvt Ltd- Giftxoxo MyInt Technologies Pvt Ltd- BookmyInterest Startup N.A. Acqui-Hire 100% Dealtracker 2016 | M&A DEALS 21

Acquirer Target Sector US$ mn Type Stake

C.E. Info Systems Pvt. Ltd- Maymyindia. Visit Internet Services Pvt. Ltd Startup N.A. Minority Stake N.A. com

BetOnIndia Technology Pvt. Ltd. Duffl Fashion Solutions Pvt Ltd Startup N.A. Minority Stake N.A.

Yatra Online Pvt Ltd India Drivers Network Services Pvt Ltd- Startup N.A. Acquisition 100% mGaadi

Gympik - Gympik Health Solutions Pvt. Ltd. Oyofit Services Pvt. Ltd Startup N.A. Acquisition 100%

SoCoMo Technologies Pvt Ltd- Jugnoo SabkuchFresh.com Startup N.A. Acquisition 100%

IndiaMART InterMESH Ltd Instant Procurement Service Pvt Ltd- Startup N.A. Minority Stake N.A. ProcMart

Tech Travels Pvt. Ltd- Travel Boutique Deyor Adventures Pvt. Ltd- Deyor Camps Startup N.A. Strategic Stake N.A. Online

1mg Technologies Pvt. Ltd HolaMed Healthcare Technologies Pvt Ltd- Startup N.A. Acquisition 100% Medd

Myntra Designs Pvt Ltd Grid Ant Technologies Pvt. Ltd - Cubeit Startup N.A. Acqui- Hire 100%

Clues Network Pvt Ltd-ShopClues Momoe Technologies Private Limited Startup N.A. Acquisition 100%

Soniks Consulting Bojja IT Solutions Pvt Ltd- MySuperBrain Startup N.A. Minority Stake N.A.

Ray Business Technologies Pvt. Ltd Last Mile IT Systems Pvt. Ltd- QuickEdmin Startup N.A. Acquisition 100%

Manak Waste Management Pvt. Ltd- Cashify Innowhiz Online Services Pvt Ltd- MobiBing Startup N.A. Acqui- Hire 100% 22 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

NowFloats Technologies Pvt. Ltd Hatchery Software Pvt Ltd - Lookup Startup N.A. Acquisition 100%

Quikr India Pvt. Ltd. Abhiman Technologies Pvt. Ltd- Hiree Startup N.A. Acquisition 100%

Build Traders Propcare Technology Pvt. Ltd- Cozilla Startup N.A. Acquisition 100%

Fella Technology Solutions Pvt Ltd- Fella Pineyards Solutions Pvt. Ltd- Lifepad Startup N.A. Acquisition 100% Homes

EasyMeat.in NonVeggies Startup N.A. Acquisition 100%

Niramaya Pathlabs Pvt. Ltd Kronica Medical Services Pvt. Ltd- Startup N.A. Acquisition 100% Labstreet

Kwan Entertainment & Marketing Solutions Gigstart Entertainment Pvt. Ltd. Startup N.A. Majority Stake 85% Pvt. Ltd

PropTiger Realty Pvt Ltd Novaviz Technology Pvt Ltd- 3DPhy Startup N.A. Acquisition 100%

UrbanClap Technologies India Pvt Ltd Goodservice Labs Pvt Ltd- Goodservice Startup N.A. Acquisition 100%

Daily Delite India Pvt. Ltd DelhiMandi Startup N.A. Acquisition 100%

Flipkart - Myntra Designs Pvt Ltd XS Brands Consultancy Pvt. Ltd - HRx Startup N.A. Majority Stake N.A. Brand

Pigeon Express Pvt. Ltd QuickDel Logistics Pvt Ltd- GoJavas Startup N.A. Acquisition 100%

Aspire Systems Ziffity Solutions LLC Startup N.A. Minority Stake 20%

Quikr India Pvt. Ltd. ZapForce Technologies Pvt. Ltd- Zapluk Startup N.A. Acquisition 100% Dealtracker 2016 | M&A DEALS 23

Acquirer Target Sector US$ mn Type Stake

Voonik Technologies Pvt. Ltd Dekkoh Innovation Technologies Pvt. Ltd Startup N.A. Acquisition 100%

PropTiger Realty Pvt Ltd PropRates Startup N.A. Acqui-hire 100%

Quikr India Pvt. Ltd. F.O. Auto Technologies Pvt. Ltd - Stepni Startup N.A. Acquisition 100%

Healthzone Organic Foods Pvt Ltd- Gro Fit Drink Kings, LLC Startup N.A. Acquisition 100%

Quikr India Pvt. Ltd. Glow Prime Technologies Pvt. Ltd- Stayglad Startup N.A. Acquisition 100%

DealBerg Technologies Pvt. Ltd WeAreGadgets Startup N.A. Acqui-hire 100%

Applied Life Pvt Ltd- Sheroes.in LoveDoctor.in Startup N.A. Acquisition 100%

Trybeca Pied Piper Labs Pvt. Ltd- Pipes Startup N.A. Acquisition 100%

Procam International Pvt. Ltd Eventus Software Services Pvt. Ltd- Startup N.A. Strategic Stake 26% Eventjini

Zomato Media Pvt Ltd Sparse Labs Pvt Ltd Startup N.A. Acquisition 100%

One97 Communications Ltd- Paytm Earth Education Valley Pvt. Ltd- Edukart Startup N.A. Acqui-Hire N.A.

NIIT Ltd Perceptron Learning Solutions Pvt Ltd Startup N.A. Acquisition 100%

Capillary Technologies Pvt. Ltd SellerworX Online Services Pvt Ltd Startup N.A. Acquisition 100%

U Education Management Private Limited- Pyoopil Education Technologies Private Startup N.A. Acqui-Hire 100% UpGrad Limited

Mahindra Univeg Pvt. Ltd MeraKisan Pvt .Ltd Startup N.A. Strategic Stake 33% 24 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Lendingkart Technologies Pvt Ltd- Finectar Technologies Pvt Ltd- KountMoney Startup N.A. Acqui-Hire 100% Lendingkart.com

Freshdesk Technologies Chatimity Software Pvt. Ltd Startup N.A. Acquisition 100%

Supruk Fitness and Tech Pvt. Ltd. - Directground Startup N.A. Acquisition 100% PlayYourSport

YAAP Digital Pvt. Ltd FFC Information Solution Pvt. Ltd - Soinsi Startup N.A. Acquisition 100%

Wishpoint Tech Pvt Ltd- Scandid Snabar Pvt Ltd Startup N.A. Acqui-Hire N.A.

BookMyTime Services Private Limited Servicemykar Startup N.A. Acqui-Hire N.A.

Mogae Media Pvt. Ltd Ao1 personalized video platform Startup N.A. Acquisition 100%

YMS Mobitech Pvt Ltd Edutainment Spearheads Pvt. Ltd- VoLT Startup N.A. Minority Stake N.A.

Franchise India Brands Limited UConcepts Solutions LLP- Uclean Startup N.A. Minority Stake N.A.

Net-Meds Marketplace Pvt Ltd- Netmeds. Alpinismo Online Ventures Pvt Ltd- Pluss Startup N.A. Acquisition 100% com

Reliance BIG Entertainment Private Limited FunOnGo Media & Entertainment LLP- Chillx Startup N.A. Majority Stake N.A.

Max Ventures and Industries Ltd Nykaa - FNS E-Commerce Ventures Pvt Ltd Startup N.A. Minority Stake 2%

Next Education India Pvt Ltd FR Education Technology Pvt. Ltd- Xolvr Startup N.A. Acqui- Hire N.A.

Shaadi.com -People Interactive India Pvt. Thrill Pte Ltd Startup N.A. Increasing stake 75% Ltd. to 100% Dealtracker 2016 | M&A DEALS 25

Acquirer Target Sector US$ mn Type Stake

Mobikon Asia Pte Ltd Mass Blurb Pvt. Ltd Startup N.A. Acquisition 100%

Future Group Bluerock eServices Pvt Ltd- FabFurnish Startup N.A. Acquisition 100%

Larsen and Toubro Infotech Ltd AugmentIQ Data Sciences Pvt Ltd Startup N.A. Acquisition 100%

Bharti Airtel Videocon Telecommunications Ltd-1800 Telecom 660.00 Acquisition 100% MHz spectrum in six circles

Bharti Airtel Ltd Aircel's 4G spectrum rights in eight Telecom 525.00 Acquisition 100% telecom circles.

Vodafone India Limited YOU Broadband India Ltd Telecom 59.70 Acquisition 100%

Undisclosed buyer Rapid MetroRail Gurgaon Ltd Transport & Logistics 75.00 Strategic Stake 49%

Adani Ports and Special Economic Zone - TM Harbour Services Pvt Ltd Transport & Logistics 15.63 Acquisition 100% Adani Group

Indian Oil Corporation Dhamra LNG Terminal Pvt Ltd Transport & Logistics N.A. Strategic Stake 38%

GAIL India Ltd Dhamra LNG Terminal Pvt Ltd Transport & Logistics N.A. Minority Stake 11%

Mergers and Internal Restructuring

HDFC Standard Life Insurance Co. Ltd Max Life Insurance Co. Ltd Banking & Financial Services 776.87 Merger N.A.

N. A. Shah Associates N. K. Sheth & Company Banking & Financial Services N.A. Merger 100%

MakeMyTrip India Pvt Ltd ibiboGroup E-commerce N.A. Merger N.A. 26 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Dalmia Bharat Limited Dalmia Cement Bharat Ltd Manufacturing 89.00 Minority Stake N.A.

Dalmia Bharat Ltd Dalmia Bharat Ltd. and OCL India Ltd Manufacturing N.A. Internal 15% restructuring

OCL India Limited and Dalmia Cement East Odisha Cement Limited Manufacturing N.A. Merger 100% Limited 'Bokaro

Dalmia Cement (Bharat) Limited Adhunik Cement Manufacturing N.A. Merger 100%

Videocon Industries Ltd- Videocon d2h Zee Entertainment Enterprises Ltd- Dish TV Media & Entertainment N.A. Merger N.A.

Muses Marketing Pvt Ltd AdOnStream Services LLP Media & Entertainment N.A. Merger 100%

Siemens Ltd Siemens Healthcare Pvt Ltd Pharma, Healthcare & Biotech 453.65 Merger 100%

HCL Technologies Ltd HCL Training and Staffing Services Professional / Business 0.36 Internal N.A. Services Restructuring

Emanar Enterprise Pvt. Ltd- RoboVac Enzo Solutions Ltd Professional / Business N.A. Merger N.A. Services

Argus Partners P&P Legal Advocates & Solicitors Professional / Business N.A. Merger N.A. Services

Argus Partners Aditya Narayan & Co Professional / Business N.A. Merger 100% Services

Indiabulls Real Estate Ltd Indiabulls Properties Investment Trust Real Estate N.A. Increasing stake 4% to 51.18%

Zapforce Technologies Pvt Ltd- Zapluk Amorfus Beauty Services Pvt. Ltd - Startup N.A. Merger 100% Pamperazi Dealtracker 2016 | M&A DEALS 27

Acquirer Target Sector US$ mn Type Stake

Spinny Hopcar Technologies Pvt. Ltd Startup N.A. Merger 100%

Reliance Communications Ltd Maxis Communications Berhad- Aircel Telecom 3,582.09 Merger N.A. Limited

Airtel Bangladesh Ltd (Bharti Airtel Ltd) Robi Axiata Ltd (Axiata Group Berhad) Telecom N.A. Merger N.A.

Inbound

The Yokohama Rubber Co. Ltd Alliance Tire Group Automotive 1,200.00 Majority stake 90%

Alfanar Crompton Greaves- ZIV Aplicaciones y Automotive 132.24 Acquisition 100% Technologies SL (Spain), its subsidiaries along with the related automation business in UK, Ireland, France and India

BNP Paribas Sharekhan Limited Banking & Financial Services 307.46 Acquisition 100%

Aviva Plc Aviva Life Insurance Company India Limited Banking & Financial Services 142.42 Increasing stake 23% to 49%

Munich Re Apollo Munich Health Insurance Company Banking & Financial Services 24.18 Increasing stake 23% Ltd to 48.7%

Plutus Financials Pvt. Ltd GE Capital Services India (auto leasing, Banking & Financial Services N.A. Acquisition 100% healthcare financing, and corporate lending and leasing business)

Transunion International Credit Information Bureau India Limited Banking & Financial Services N.A. Increasing stake 11% (CIBIL) to 77.1%

The Capital Partnership Cerestra Advisors Banking & Financial Services N.A. Acquisition 100% 28 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Prudential Financial Inc DHFL Pramerica Life Insurance Company Banking & Financial Services N.A. Increasing stake 23% to 49%

Sanlam Ltd Shriram Life Insurance Company and Banking & Financial Services N.A. Strategic Stake 23% Shriram General Insurance Company

Sanlam Ltd Shriram Life Insurance Company and Banking & Financial Services N.A. Strategic Stake 23% Shriram General Insurance Company

Net1 UEPS Technologies, Inc One MobiKwik Systems Pvt. Ltd E-commerce 40.00 Minority Stake N.A.

Beijing Digital Telecom Company Limited Spice Online Retail Pvt. Ltd E-commerce 2.50 Strategic Stake 49%

Rosneft PJSC, Trafigura and United Capital Essar Oil Ltd Energy & Natural Resources 13,000.00 Majority Stake 98% Partners

Tenaga Nasional Berhad GMR Energy Ltd Energy & Natural Resources 300.00 Strategic Stake 30%

Sembcorp Utilities Pte Ltd Sembcorp Gayatri Power Ltd Energy & Natural Resources 99.01 Increasing stake N.A. to 88%

KS Orka Renewables Pte Ltd OTP Geothermal Pte Ltd (Tata Power Co Energy & Natural Resources 30.00 Strategic Stake 50% Ltd)

CLP Holdings Ltd- CLP India Pvt. Ltd Suzlon Energy Ltd,- SE Solar Energy & Natural Resources 10.97 Strategic Stake 49%

Mr. Rademan Janse van Rensburg(GEZ Ltd) Grown Energy Zambeze Holdings Pvt Energy & Natural Resources 5.50 Majority Stake 95% Ltd(Bio Energy Venture - 1)

ORIX Corp Infrastructure Leasing & Financial Services Energy & Natural Resources N.A. Strategic Stake 49% Ltd.’s wind energy business

Senvion SA Kenersys India Pvt Ltd Energy & Natural Resources N.A. Acquisition 100% Dealtracker 2016 | M&A DEALS 29

Acquirer Target Sector US$ mn Type Stake

Ctrip International MakeMyTrip India Pvt Ltd Hospitality & Leisure 180.00 Minority Stake N.A.

Elior Group CR Caterers India Pvt Ltd Hospitality & Leisure N.A. Majority Stake N.A.

Elior Group MegaBite Food Services Hospitality & Leisure N.A. Acquisition 100%

Fairfax India Holdings Corp. and Fairfax Bangalore International Airport Ltd Infrastructure Management 316.03 Strategic Stake 33% Financial Holdings Ltd

GP Group Gammon Retail Infra Pvt Ltd's - Civil EPC Infrastructure Management 37.80 Majority Stake 75% Business

Cube Highways and Infrastructure Pte. Ltd IL&FS Transportation Networks Ltd- road Infrastructure Management 20.95 Acquisition 100% project in Andhra Pradesh

NanoHoldings LLC Innonano Research Private Limited Infrastructure Management 18.00 Minority Stake N.A.

MAIF Investments India Pte. Ltd Gujarat Road and Infrastructure Company Infrastructure Management 16.39 Increasing stake 15% Limited to 56.8%

Singapore Technologies Telemedia Tata Communications Data Centre Pvt. Ltd IT & ITeS 616.00 Majority Stake 74%

Synnex Corp. Minacs Ltd IT & ITeS 420.00 Acquisition 100%

Starbreeze AB Dhruva Interactive IT & ITeS 8.50 Majority Stake 91%

Visteon Corporation AllGo Embedded Systems Pvt Ltd IT & ITeS N.A. Acquisition 100%

WNS (Holdings) Limited Value Edge Research Services Pvt. Ltd IT & ITeS N.A. Acquisition 100%

Smart Software Testing Solutions Inc Pcloud Design Labs Pvt Ltd IT & ITeS N.A. Acquisition 100% 30 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Nielsen Holdings plc Informate Mobile Intelligence Pvt. Ltd IT & ITeS N.A. Acquisition 100%

VMware Inc Arkin Net Inc IT & ITeS N.A. Acquisition 100%

Speridian Technologies Sesame Software Solutions Pvt. Ltd IT & ITeS N.A. Majority Stake N.A.

Ubiquity S.R.L. Solutions Infini Technologies India Pvt Ltd IT & ITeS N.A. Controlling 51% Stake

IBM Corp Sanovi Technologies Corp IT & ITeS N.A. Acquisition 100%

PT Go-Jek Indonesia LeftShift Technologies Pvt. Ltd IT & ITeS N.A. Acquisition 100%

Tidfore Heavy Equipment Group Co Ltd Uttam Galva Metallics Ltd-Uttam Group’s Manufacturing 150.00 Minority Stake N.A. Wardha Expansion Project undertaken in conjunction with Posco.

Sumitomo Chemical Company Ltd Excel Crop Care Ltd Manufacturing 93.05 Strategic Stake 45%

Fairfax India Holdings Corporation Privi Organics Ltd Manufacturing 55.22 Controlling 51% Stake

Meidensha Corporation Prime Meiden Ltd Manufacturing 30.09 Increasing stake 37% to 60%

American & Efrid Global LLC Vardhman Yarns and Threads Limited Manufacturing N.A. Increasing stake 40% to 89%

Amazon Inc Trent Ltd- Westland Media & Entertainment 5.94 Increasing stake 74% to 100%

Amazon Inc Trent Ltd- Westland Media & Entertainment 1.40 Strategic Stake 26% Dealtracker 2016 | M&A DEALS 31

Acquirer Target Sector US$ mn Type Stake

Dentsu Aegis Network Ltd Fractal ink Design Studio Pvt .Ltd Media & Entertainment N.A. Acquisition 100%

Dentsu Aegis Network Ltd Perfect Relations Group Media & Entertainment N.A. Acquisition 100%

Adways Inc Maiden Marketing Pte Ltd- Pokkt. Media & Entertainment N.A. Acquisition 100% com(Pocket Money)

Fosun Pharmaceuticals (Group) Co. Ltd Gland Pharma Ltd Pharma, Healthcare & Biotech 1,260.00 Majority Stake 86%

Baxter International Inc Claris Lifesciences Ltd-(Claris Injectables Pharma, Healthcare & Biotech 625.00 Acquisition 100% Limited, Claris Pharmaservices, Elda International DMCC, Claris Lifesciences Inc., Claris Lifesciences (UK) Limited, Claris Lifesciences (Aust) Pty. Limited, Claris Lifesciences Philippines, INC)

Aster DM Healthcare Ramesh Hospitals Pharma, Healthcare & Biotech 16.42 Increasing stake 25% to 30%

VPS Healthcare Rockland Hospitals Pharma, Healthcare & Biotech N.A. Acquisition 100%

Secom Medical Systems and Toyota Tsusho Sakra Hospital Pharma, Healthcare & Biotech N.A. Strategic Stake 50% Corporation

VPS Healthcare Lakeshore Hospital Pharma, Healthcare & Biotech N.A. Majority Stake N.A.

Frontida BioPharm Inc Sun Pharmaceutical Industries Ltd- Pharma, Healthcare & Biotech N.A. Acquisition 100% manufacturing sites at Philadelphia (Pennsylvania), and Aurora (Illinois)

Fresenius Medical Care AG Sandor Nephro Services Pvt Ltd- Sparsh Pharma, Healthcare & Biotech N.A. Majority Stake 85% Nephrocare chain 32 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Jean-Claude Biguine Revigen Medicare Pvt. Ltd- Trica hair clinic Pharma, Healthcare & Biotech N.A. Acquisition 100%

Aon Hewitt CoCubes Technologies Pvt Ltd Professional / Business N.A. Acquisition 100% Services

DVI Fund PC Jeweller Ltd Retail & Consumer 64.00 Minority Stake N.A.

Heineken International BV United Breweries Retail & Consumer 27.00 Increasing stake 1% to 43.97%

Thai Union Group PCL Avanti Frozen Foods Pvt Ltd Retail & Consumer 18.00 Strategic Stake 40%

Kagome Co and Mitsui & Co Ruchi Kagome Foods India Pvt Ltd Retail & Consumer 9.55 Strategic Stake N.A.

Puma SE Puma India Retail Private Limited Retail & Consumer N.A. Increasing stake 49% to 100%

Axiata Digital LocalCube Commerce Pvt Ltd- Storeking Startup 16.00 Minority Stake N.A.

vMobo Inc Noroc Solutions Pvt. Ltd- Binge Startup 3.50 Acquisition 100%

Yeahmobi and Fenqile Finovation Tech Solutions Pvt Ltd - Startup 2.00 Minority Stake N.A. Krazybee.com

Nihon Kotsu Travel Service Co MyTaxiIndia Pvt. Ltd Startup 1.00 Minority Stake N.A.

Scadea Solutions, Inc VenKart e-com Private Limited- Lenspick Startup 0.50 Minority Stake 10%

GROUPE SOS Life Circle Health Services Pvt. Ltd Startup 0.15 Minority Stake N.A.

Apple Inc Tuplejump Software Pvt Ltd Startup N.A. Acquisition 100% Dealtracker 2016 | M&A DEALS 33

Acquirer Target Sector US$ mn Type Stake

Amazon Inc Emvantage Payments Pvt. Ltd Startup N.A. Acquisition 100%

BIOWORLD Merchandising, Inc 21 Trends Pvt Ltd-VoxPopClothing Startup N.A. Acquisition 100%

MasterCard Inc Razorpay Software Pvt Ltd Startup N.A. Minority Stake N.A.

Boomtrain Nudgespot Technologies Pvt Ltd Startup N.A. Acquisition 100%

FullContact Inc Profoundis Labs Pvt. Ltd Startup N.A. Acquisition 100%

Hitouch AG. Zolo Technologies Pvt. Ltd Startup N.A. Minority Stake N.A.

PT Go-Jek Indonesia SLX Logistics Pvt. Ltd- Pianta Startup N.A. Acquisition 100%

Jean-Claude Biguine The Home Salon Pvt Ltd Startup N.A. Acquisition 100%

Xeeva Inc Sourceweb Solutions- Procurepack Startup N.A. Acquisition 100%

Singapore Telecommunications Ltd Bharti Telecom Ltd Telecom 657.00 Increasing stake 7% to 39.78%%

Sistema JSFC Sistema Shyam Teleservices Ltd Telecom N.A. Internal 17% Restructuring

Transworld Group Forbes & Co Ltd- two container freight Transport & Logistics 14.38 Acquisition 100% stations and logistics business

Huhtamaki Oyj ValPack Solutions Pvt Ltd Transport & Logistics 2.20 Controlling 51% Stake

FM Logistic Spear Logistics Private Limited Transport & Logistics N.A. Majority stake N.A. 34 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Bellerophon Holdings Pte Ltd, MIB Mercator Lines Singapore Ltd Transport & Logistics N.A. Acquisition 100% Investments Pvt Ltd, and Wroclaw Holdings Ltd

Outbound

HCL Technologies Ltd Butler America Aerospace LLP Aerospace & Defense 85.00 Acquisition HCL Technologies Ltd

Aequs Pvt. Ltd SiRA Group Aerospace & Defense N.A. Acquisition Aequs Pvt. Ltd

Allygrow Technologies Pvt Ltd AE Automotive Elements GmbH Aerospace & Defense N.A. Acquisition Allygrow Technologies Pvt Ltd

Wipro Infrastructure Engineering H. R Givon Ltd Aerospace & Defense N.A. Acquisition Wipro Infrastructure Engineering

Minda Industries Ltd Rinder Group's global automotive lighting Automotive 21.32 Acquisition Minda Industries Ltd businessRinder India, Spain-based Light Systems and Technical Center, 50 per cent stake in Rinder Riducu, Colombia

Motherson Sumi Systems Ltd Abraham es Tarsa Kft. (Abraham and Co. Automotive 11.70 Acquisition Motherson Sumi Ltd)- Automotive business unit Systems Ltd

Tata AutoComp Systems Limited TitanX Engine Cooling Automotive N.A. Acquisition Tata AutoComp Systems Limited

Firstsource Solutions Ltd ISGN Solutions Inc Banking & Financial Services 12.56 Acquisition Firstsource Solutions Ltd

HT Media Ltd Koovs PLC E commerce 4.34 Minority Stake HT Media Ltd Dealtracker 2016 | M&A DEALS 35

Acquirer Target Sector US$ mn Type Stake

Pisces EServices Private Limited - Delivery.com’s Hong Kong business E commerce N.A. Acquisition Pisces EServices Foodpanda.com Private Limited - Foodpanda.com

Pilani Soft Labs Pvt Ltd (redBus.in) Empresa Digital Peruana S.A.C- Busportal. E-commerce N.A. Majority Stake Pilani Soft Labs Pvt pe Ltd (redBus.in)

Indian Oil Corp. Ltd, Oil India Ltd and a unit Tass-Yuryakh oilfield Energy & Natural Resources 1,286.76 Strategic Stake Indian Oil Corp. Ltd, of Bharat Petroleum Corp. Ltd Oil India Ltd and a unit of Bharat Petroleum Corp. Ltd

ONGC Videsh Ltd JSC Vankorneft - Vanok oil field Energy & Natural resources 930.00 Increasing stake ONGC Videsh Ltd to 26%

Dorf Ketal Chemicals India Pvt Ltd Flow-Chem Technologies LLC Energy & Natural Resources N.A. Acquisition Dorf Ketal Chemicals India Pvt Ltd

Cox & Kings Ltd Malvern Enterprises UK Ltd Hospitality & Leisure 9.00 Strategic Stake Cox & Kings Ltd

Holiday Club Resorts Oy, Finland (Mahindra Saimaa Gardens Arena Oy Hospitality & Leisure N.A. Acquisition Holiday Club Resorts Holidays & Resorts India) Oy, Finland (Mahindra Holidays & Resorts India)

Thomas Cook (India) Ltd Sita World Travel Lanka Pvt Ltd Hospitality & Leisure N.A. Minority Stake Thomas Cook (India) Ltd

Kridhan Infra Ltd- Readymade Steel Swee Hong Ltd, Infrastructure Management 5.70 Acquisition Kridhan Infra Ltd- Singapore Pte Readymade Steel Singapore Pte

Wipro Ltd Appirio Inc. IT & ITeS 500.00 Acquisition Wipro Ltd 36 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Wipro Ltd HealthPlan Services IT & ITeS 460.00 Acquisition Wipro Ltd

Tech Mahindra Ltd Target Group IT & ITeS 175.00 Acquisition Tech Mahindra Ltd

Tech Mahindra Ltd The BIO Agency Ltd IT & ITeS 66.00 Acquisition Tech Mahindra Ltd

Mindtree Ltd Magnet 360 IT & ITeS 50.00 Acquisition Mindtree Ltd

Decision Resources Group(Piramal Adaptive Software Llc IT & ITeS 24.50 Acquisition Decision Resources Enterprises Ltd) Group(Piramal Enterprises Ltd)

Indegene Lifesystems Pvt Ltd The Encima Group IT & ITeS 16.00 Acquisition Indegene Lifesystems Pvt Ltd

HCL Technologies Ltd Point to Point Ltd and Point to Point IT & ITeS 12.00 Acquisition HCL Technologies Ltd Products Ltd

Infosys Ltd UNSILO IT & ITeS 2.16 Minority Stake Infosys Ltd

Redington Gulf FZE - (Redington (India) Ltd) Linkplus Bilgisayar Sistemleri Sanayi ve IT & ITeS 1.15 Increasing stake Redington Gulf FZE - Ticaret AS to 80% (Redington (India) Ltd)

Firstsource Solutions Ltd ISG Novasoft Technologies(BPO business) IT & ITeS 0.44 Acquisition Firstsource Solutions Ltd

Quess Corp. Ltd (Thomas Cook India Pvt MFXchange Holdings Inc IT & ITeS N.A. Increasing stake Quess Corp. Ltd Ltd) to 100% (Thomas Cook India Pvt Ltd)

Persistent Systems Ltd Citrix Systems International GMBH (Citrix IT & ITeS N.A. Acquisition Persistent Systems Systems)'s CloudPlatform and CloudPortal Ltd Business Manager product lines Dealtracker 2016 | M&A DEALS 37

Acquirer Target Sector US$ mn Type Stake

Kellton Tech Solutions Ltd Bokanyi Consulting Inc IT & ITeS N.A. Acquisition Kellton Tech Solutions Ltd

Cognizant Technology Solutions KBACE Technologies IT & ITeS N.A. Acquisition Cognizant Technology Solutions

Persistent Systems Ltd PRM Cloud Solutions Pty Ltd IT & ITeS N.A. Acquisition Persistent Systems Ltd

Nazara Technologies Pvt Ltd Mastermind Sports Ltd IT & ITeS N.A. Strategic Stake Nazara Technologies Pvt Ltd

Infosys Ltd Trifacta Inc IT & ITeS N.A. Minority Stake Infosys Ltd

Aurionpro Solutions Ltd Spikes Security IT & ITeS N.A. Acquisition Aurionpro Solutions Ltd

AppPoint Software Solutions Pvt. Ltd HireCanvas Inc IT & ITeS N.A. Acquisition AppPoint Software Solutions Pvt. Ltd

Sterlite Power Transmission Limited Sharper Shape Inc IT & ITeS N.A. Minority Stake Sterlite Power Transmission Limited

Iksula Services Pvt. Ltd Blisstering Solutions IT & ITeS N.A. Acquisition Iksula Services Pvt. Ltd

Infosys Ltd TidalScale Inc IT & ITeS N.A. Minority Stake Infosys Ltd

Practo Technologies Pvt Ltd Enlightiks Business Solutions Pvt. Ltd IT & ITeS N.A. Acquisition Practo Technologies Pvt Ltd

Essel Propack Ltd Essel Deutschland Germany Manufacturing 24.00 Increasing stake Essel Propack Ltd to 100% 38 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Mahindra & Mahindra Ltd Sampo Rosenlew Oy Manufacturing 20.50 Strategic Stake Mahindra & Mahindra Ltd

Manali Petrochemicals Notedome Ltd Manufacturing 17.91 Acquisition Manali Petrochemicals

Bharat Forge Ltd Walker Forge Tennessee Llc and and PMT Manufacturing 14.00 Acquisition Bharat Forge Ltd Holdings Inc.

Tide Water Oil Co. (India) Ltd Price Thomas Holdings Ltd Manufacturing 13.70 Acquisition Tide Water Oil Co. (India) Ltd

Rane (Madras) Ltd Precision Die Casting Inc Manufacturing 8.90 Acquisition Rane (Madras) Ltd

Camlin Fine Sciences Ltd Dresen Quimica SA de CV and its group Manufacturing 7.80 Acquisition Camlin Fine Sciences companies Ltd

Allygrow Technologies Pvt Ltd Ranal's engineering services arm Manufacturing N.A. Acquisition Allygrow Technologies Pvt Ltd

Pidilite Industries Ltd Nebula East Africa Private Ltd Manufacturing N.A. Acquisition Pidilite Industries Ltd

Centum Electronics Ltd Adetel Group Manufacturing N.A. Majority Stake Centum Electronics Ltd

Indegene Lifesystems Pvt Ltd Skura Corporation’s life science business Media & Entertainment 9.00 Acquisition Indegene Lifesystems Pvt Ltd

Mogae Media Pvt. Ltd Nimbuzz BV- Ngage Media & Entertainment 5.88 Acquisition Mogae Media Pvt. Ltd

Times Internet Ltd Willow TV International Inc Media & Entertainment N.A. Acquisition Times Internet Ltd

HT Media Ltd Sports Asia Pte. Ltd Media & Entertainment N.A. Majority Stake HT Media Ltd Dealtracker 2016 | M&A DEALS 39

Acquirer Target Sector US$ mn Type Stake

MPS Ltd Magplus Media & Entertainment N.A. Acquisition MPS Ltd

Zee Entertainment Enterprises Ltd. Shamal Media Services- Humm106.2 FM Media & Entertainment N.A. Acquisition Zee Entertainment Enterprises Ltd.

Cyient Ltd Blom Aerofilms Ltd Others N.A. Acquisition Cyient Ltd

Intas Pharmaceuticals Ltd Actavis UK Ltd and Actavis Ireland Ltd Pharma, Healthcare & Biotech 758.96 Acquisition Intas Pharmaceuticals Ltd

Dr Reddy's Laboratories Ltd Teva Pharmaceutical Industries and Allergan Pharma, Healthcare & Biotech 350.00 Acquisition Dr Reddy's Plc- 8 generic drugs Laboratories Ltd

Sun Pharmaceutical Industries Ltd Novartis AG and Novartis Pharma AG- 14 Pharma, Healthcare & Biotech 293.00 Acquisition Sun Pharmaceutical prescription brands Industries Ltd

Piramal Enterprise Ltd- Piramal Critical Janssen Pharmaceutica NV- 5 Pharma, Healthcare & Biotech 175.00 Acquisition Piramal Enterprise Care Inc brands(Sublimaze (fentanyl citrate), Sufenta Ltd- Piramal Critical (sufentanil citrate), Rapifen (alfentanil Care Inc hydrochloride), Dipidolor (piritramide) and Hypnomidate (etomidate))

Sun Pharmaceutical Industries Ltd Novartis International AG- Odomzo Pharma, Healthcare & Biotech 175.00 Acquisition Sun Pharmaceutical Industries Ltd

Lupin Ltd-Kyowa Pharmaceutical Shionogi & Co. Ltd- portfolio of 21 generic Pharma, Healthcare & Biotech 150.00 Acquisition Lupin Ltd-Kyowa brands Pharmaceutical

Sun Pharmaceutical Industries Ltd JSC Biosintez Pharma, Healthcare & Biotech 60.00 Majority Stake Sun Pharmaceutical Industries Ltd

Piramal Enterprises Ltd Ash Stevens Inc Pharma, Healthcare & Biotech 53.00 Acquisition Piramal Enterprises Ltd 40 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Sun Pharmaceutical Industries Ltd Ocular Technologies Sarl Pharma, Healthcare & Biotech 40.00 Acquisition Sun Pharmaceutical Industries Ltd

Arrow Pharmaceuticals Pty Ltd (Strides Generic Partners Holdings Co. Pty Ltd Pharma, Healthcare & Biotech 17.65 Majority Stake Arrow Shasun Ltd) Pharmaceuticals Pty Ltd (Strides Shasun Ltd)

Strides Shasun Ltd Universal Corporation Ltd Pharma, Healthcare & Biotech 11.00 Majority Stake Strides Shasun Ltd

Strides Shasun Ltd Moberg Pharma AB- 3 OTC brands Pharma, Healthcare & Biotech 10.00 Acquisition Strides Shasun Ltd

Sequent Sciences- Alivira Animal Health Karizoo Group Pharma, Healthcare & Biotech 8.21 Majority Stake Sequent Sciences- Ltd(Alivira Ireland) Alivira Animal Health Ltd(Alivira Ireland)

Trivitron Healthcare Pvt Ltd Bome Sanayi Urunleri Dis Tic Ltd Sti Pharma, Healthcare & Biotech 5.52 Majority Stake Trivitron Healthcare Pvt Ltd

Strides Shasun Ltd- Strides Arcolab Moberg Pharma AB- 'PediaCare' brand Pharma, Healthcare & Biotech 5.00 Acquisition Strides Shasun International Ltd Ltd- Strides Arcolab International Ltd

Sequent Sciences- Alivira Animal Health Ltd Interchange Indústria e Comércio de Pharma, Healthcare & Biotech 3.60 Majority Stake Sequent Sciences- Produtos Veterinários S.A. Alivira Animal Health Ltd

Cipla Ltd Chase Pharmaceuticals Inc Pharma, Healthcare & Biotech 3.00 Minority stake Cipla Ltd

Quess Corp Ltd Comtel Solutions Pte Ltd Professional / Business 20.00 Controlling Quess Corp Ltd Services Stake

Kaya Ltd Iris Medical Centre LLC Pharma, Healthcare & Biotech N.A. Increasing stake Kaya Ltd to 85% Dealtracker 2016 | M&A DEALS 41

Acquirer Target Sector US$ mn Type Stake

Dr.Reddy’s Laboratories Ltd Ducere Pharma- six over-the-counter Pharma, Healthcare & Biotech N.A. Acquisition Dr.Reddy’s (OTC) drugs(Doan's, Bufferin, Nupercainal Laboratories Ltd ointment, Cruex nail gel, comtrex and myoflex)

Cadila Healthcare Ltd-Zydus Cadila Teva Pharmaceutical Industries Ltd's two Pharma, Healthcare & Biotech N.A. Acquisition Cadila Healthcare Ltd- abbreviated new drug applications (ANDAs) Zydus Cadila

Granules India Ltd USpharma Inc. Pharma, Healthcare & Biotech N.A. Minority Stake Granules India Ltd

Cipla Ltd Teva Pharmaceutical Industries Ltd- Pharma, Healthcare & Biotech N.A. Acquisition Cipla Ltd portfolio of 3 products

Aurobindo Pharma Ltd Teva Pharmaceutical Industries Ltd- 1 Pharma, Healthcare & Biotech N.A. Acquisition Aurobindo Pharma Ltd products

Kaya Ltd Minal Medical Centre, Dubai and Minal Pharma, Healthcare & Biotech N.A. Majority Stake Kaya Ltd Specialized Clinic Dermatology, Sharjah

Aurobindo Pharma Ltd- Arrow Generiques Teva Pharmaceutical Industries Ltd- (right, Pharma, Healthcare & Biotech N.A. Acquisition Aurobindo Pharma SAS title and interest in products Calcium Ltd- Arrow Generiques and Calcium Vitamin D3, and use of the SAS OROCAL trademark)

Mahindra Agri Solutions Ltd OFD Holding BV Retail & Consumer 5.29 Majority Stake Mahindra Agri Solutions Ltd

Dabur India Ltd CTL Contracting Proprietary Ltd Retail & Consumer 1.50 Acquisition Dabur India Ltd

Godrej Consumer Products Ltd Canon Chemicals Ltd Retail & Consumer N.A. Majority Stake Godrej Consumer Products Ltd

Godrej Consumer Products Ltd DGH Mauritius- Style industries limited Retail & Consumer N.A. Increasing stake Godrej Consumer to 90% Products Ltd 42 Dealtracker 2016 | M&A DEALS

Acquirer Target Sector US$ mn Type Stake

Hero Cycles Ltd BSH Ventures Pvt. Ltd Retail & Consumer N.A. Majority stake Hero Cycles Ltd

Godrej Consumer Products Ltd Strength of Nature LLC Retail & Consumer N.A. Acquisition Godrej Consumer Products Ltd

TTK Prestige Ltd- TTK British Holdings Silampos UK- Horwood Housewares Limited Retail & Consumer N.A. Acquisition TTK Prestige Ltd- TTK British Holdings

Emami Ltd Fravin Pty Ltd Retail & Consumer N.A. Increasing stake Emami Ltd to 85%

Acrysil Ltd Homestyle Products Ltd Retail & Consumer N.A. Increasing Stake Acrysil Ltd to 87%

Dabur India Ltd Discaria Trading (PTY) Ltd Retail & Consumer N.A. Acquisition Dabur India Ltd

Wipro Consumer Care and Lighting- FMCG Zhongshan Ma Er Daily Products Ltd Retail & Consumer N.A. Acquisition Wipro Consumer Care Unit of Wipro Ltd and Lighting- FMCG Unit of Wipro Ltd

Godrej Consumer Products Ltd Darling Group Holdings- Charm Industries Retail & Consumer N.A. Increasing stake Godrej Consumer Limited to 100% Products Ltd

Bharti Airtel Ltd- Network i2i Ltd Orascom- Middle East North Africa Telecom N.A. Acquisition Bharti Airtel Ltd- Submarine Cable Systems Network i2i Ltd

Abbot Point Operations Pty Ltd - Adani Abbot Point Bulkcoal Pty Ltd - Abbot Point Transport & Logistics 14.55 Acquisition Abbot Point Ports and Special Economic Zone Coal Terminal in Queensland Operations Pty Ltd - Adani Ports and Special Economic Zone Dealtracker 2016 | PRIVATE EQUITY 43

PRIVATE EQUITY 44 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Aadyah Aerospace Pvt. Ltd Aerospace & Defense N.A. 2.00

KKR Kwality Ltd Agriculture & Forestry N.A. 77.40

India Value Fund Advisors SeedWorks International Pvt. Ltd Agriculture & Forestry N.A. 40.00

Rabo Equity Advisors Parijat Industries India Pvt. Ltd Agriculture & Forestry N.A. 14.93

BanyanTree Growth Capital II LLC Safex Chemicals Agriculture & Forestry N.A. 9.00

Lok Capital and Aspada Investments Siddhivinayak Agri Processing Pvt. Ltd Agriculture & Forestry N.A. 3.85

Ankur Capital Suma Agro India Pvt Ltd Agriculture & Forestry N.A. 0.09

Bennett Coleman & Co & HT Media Kwality Ltd Agriculture & Forestry N.A. N.A.

Angel investors Lumiere Organic Venture Pvt Ltd Agriculture & Forestry N.A. N.A.

Unitus Impact and Bestseller Foundation Lawrencedale Agro Processing Pvt. Ltd Agriculture & Forestry N.A. N.A.

Canbank Venture Capital Fund HIM Teknoforge Ltd. Automotive N.A. 4.50

Tamasek Holdings and KKR & Co SBI Life Insurance Company Ltd Banking & Financial Services 4% 266.00

TPG, Morgan Stanley Private Equity Asia, Havells Janalakshmi Financial Services Pvt Ltd Banking & Financial Services N.A. 210.00 India, and Vallabh Bhansali and others

Canada Pension Plan Investment Board Kotak Mahindra Bank Banking & Financial Services 1% 170.00

Partners group and Kedaara Capital AU Financiers (India) Pvt Ltd Banking & Financial Services N.A. 139.00

FII Veracity Investments Ltd National Stock Exchange of India Ltd Banking & Financial Services 5% 136.01 Dealtracker 2016 | PRIVATE EQUITY 45

Investor Investee Sector Stake US$ mn

ChrysCapital Advisors Llp Hero FinCorp Ltd Banking & Financial Services 11.1% 85.07

IDFC PE, Alpha Capital and angel investors InCred Finance Banking & Financial Services N.A. 75.00

HDFC Standard Life Insurance Co. Ltd, HDFC Ergo Utkarsh Micro Finance Pvt Ltd Banking & Financial Services N.A. 58.96 General Insurance Co. Ltd, ICICI Prudential Life Insurance Co. Ltd, Shriram Life Insurance Co. Ltd, RBL Bank Ltd, Small Industries Development Bank of India, Faering Capital and Arpwood Capital

GIC Capital First Ltd Banking & Financial Services 5% 50.75

CDC Group Janalakshmi Financial Services Pvt Ltd Banking & Financial Services N.A. 50.00

Standard Chartered Private Equity IFMR Capital Banking & Financial Services N.A. 50.00

Apis Partners LLP, ICICI Venture Star Health & Allied Insurance Co. Ltd Banking & Financial Services N.A. 47.01

Westbridge Capital Partners LLP and India Aptus Value Housing Finance India Ltd Banking & Financial Services N.A. 40.30 Financial Inclusion Fund

Eight Road Ventures IFMR Capital Banking & Financial Services N.A. 25.00

Creation Investments, GAWA, Belgian Investment Fusion Microfinance Pvt Ltd Banking & Financial Services N.A. 24.18 Company for Developing Countries SA, (BIO) and Oikocredit

KKR International Asset Reconstruction Company Pvt Ltd Banking & Financial Services 20% 22.50

Bravia Capital Rent Alpha Pvt Ltd Banking & Financial Services 75% 21.00

Credit Suisse Group AG Hero FinCorp Ltd Banking & Financial Services 2.5% 19.70 46 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

IIFL Seed Venture Fund, Khosla Impact,Omidyar NeoGrowth Credit Pvt Ltd Banking & Financial Services N.A. 16.00 Network and Aspada Investment Company

IDFC Bank, ASK Group, family offices, HDFC Suryoday Microfinance Pvt Ltd Banking & Financial Services N.A. 14.93 Life, responsAbility, Gaja Capital, Evolvence and Americorp Group

Motilal Oswal Private Equity Indian Energy Exchange Banking & Financial Services 4% 14.70

Kaizen Private Equity, Zephyr Peacock India, Thirumeni Finance Pvt Ltd - Varthana Banking & Financial Services N.A. 14.00 Omidyar Network, Elevar Capital and LGT Venture Philanthropy Foundation

LGT Impact Ventures, SAIF Partners and Accion Aye Finance Pvt Ltd Banking & Financial Services N.A. 10.45

Access Asset Managers Alliance Insurance Brokers Pvt Ltd Banking & Financial Services N.A. 8.00

ShoreCap II Limited and Angel investors Chaitanya Rural Intermediation Development Services Banking & Financial Services N.A. 7.00 Pvt. Ltd

Gray Matters Capital Indian School Finance Company Banking & Financial Services N.A. 6.00

Oikocredit Annapurna Microfinance Pvt Ltd Banking & Financial Services N.A. 5.22

Sarva Capital, Caspian Impact Investment Adviser Veritas Finance Private Limited Banking & Financial Services N.A. 4.50

Lok Capital and Duane Park Ummeed Housing Finance Pvt Ltd Banking & Financial Services N.A. 3.50

Proparco SA IFMR Holdings Pvt Ltd. Banking & Financial Services N.A. 1.80

The Michael and Susan Dell Foundation and Shiksha Financial Services India Pvt. Ltd Banking & Financial Services N.A. 1.00 Aspada Investment Dealtracker 2016 | PRIVATE EQUITY 47

Investor Investee Sector Stake US$ mn

KKR and Co. Lp Max Financial Services Ltd Banking & Financial Services 10% N.A.

Advent International Ask Group Banking & Financial Services N.A. N.A.

The Chennai Angels Finbud Financial Services Pvt Ltd- Finance Buddha Banking & Financial Services N.A. N.A.

Zephyr Peacock, Omidyar Network, Aavishkaar Swarna Pragati Housing Microfinance Pvt Ltd Banking & Financial Services N.A. N.A. Goodwell II and angel investors

Angel investors International Money Matters Pvt. Ltd Banking & Financial Services 52.0% N.A.

IIFL Seed Ventures Fund I Kogta Financial (India) Ltd Banking & Financial Services N.A. N.A.

Xelpmoc Ideal Insurance Brokers Pvt Ltd Banking & Financial Services N.A. N.A.

Naspers Group Ibibo Group Private Limited E-commerce N.A. 250.00

Clouse SA, Ontario Teachers’ Pension Plan, Iron Jasper Infotech Pvt Ltd- Snapdeal.com E-commerce N.A. 200.00 Pillar and other investors

WarburgPincus, Temasek and March Capital MXC solutions Pvt. Ltd -CarTrade.com E-commerce N.A. 145.00

Stripes Group, SAIF Partners, Accel Partners & Big Tree Entertainment Pvt Ltd - BookMyShow E-commerce N.A. 81.50 Network18

Mountain Capital One97 Communications Ltd- Patym E-commerce N.A. 60.00

Tree Line Asia,GMO Payment Gateway, MediaTek One MobiKwik Systems Pvt. Ltd E commerce N.A. 50.00 and Sequoia Capital 48 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Mahindra Group, Adveq, IDG Ventures India, New BrainBees Solutions Pvt ltd- Firstcry E-commerce N.A. 34.00 Enterprise Associates, SAIF Partners, Temasek Holdings, Valiant Capital Partners, Vertex Ventures and angel investor

Premji Invest Lenskart Solutions Private limited- Lenskart.com E-commerce N.A. 29.85

Brand Capital, Quikr India Pvt. Ltd. E-commerce N.A. 19.40

Nalanda Capital Just Dial Pvt Ltd E-commerce 2% 18.00

Franklin Templeton International Services India Mywish Marketplaces Pvt. Ltd- Deal4Loans E-commerce N.A. 15.00

Nexus Venture Partners and Matrix Partners. Inasra Technologies Pvt Ltd- Stayzilla.com E commerce N.A. 13.10

Sistema Asia Fund, Amazon Asia Pacific, Helion QwikCilver Solutions Private Ltd E-commerce N.A. 10.00 Venture Partners and Accel Partners

GVFL Ltd and Bennett Coleman & Co Ltd Mantis Technologies Pvt Ltd- Travelyaari E-commerce N.A. 7.00

RSI I Fund LLC Mystifly Consulting (India) Pvt Ltd- myfarebox E-commerce N.A. 5.00

SIDBI Venture Capital Ltd and YourNest Angel Fund Just4kids Services Private Limited - Mycity4kids.com E-commerce N.A. 3.00

GVFL Ltd and undisclosed investors Mantis Technologies Pvt Ltd- Travelyaari E-commerce N.A. 3.00

Angel investor InterMesh Shopping Network Pvt. Ltd- Indian Gifts E-commerce N.A. 2.00 Portal

Saha Fund, Mumbai angels and angel investors Swadesh Essfil Pvt. Ltd- Gingercrush.com E-commerce N.A. 1.00

Undisclosed investors OnArt Quest Limited- Mojarto E commerce N.A. 0.45 Dealtracker 2016 | PRIVATE EQUITY 49

Investor Investee Sector Stake US$ mn

Angel investors Accentium Web Pvt. Ltd- Price Raja E-commerce N.A. 0.30

Angel investors Plan My Medical Trip Pvt. Ltd E-commerce N.A. 0.19

Angel investor Petsglam Services Pvt Ltd-DogSpot.in E-commerce N.A. N.A.

Angel investor BrainBees Solutions Pvt ltd- Firstcry E-commerce N.A. N.A.

Amadeus Capital, Westbridge, Quona Capital and IndiaMART InterMESH Ltd E-commerce N.A. N.A. Intel Capital

Angel investors WRS Info India Pvt Ltd- Deal4Loans E-commerce N.A. N.A.

Concur Technologies, Gund Investment and other Cleartrip Pvt. Ltd E-commerce N.A. N.A. investors

Angel investors Voler Car Pvt. Ltd E-commerce N.A. N.A.

500 Startups Transweb Educational Services Pvt. Ltd E-commerce N.A. N.A.

Idea Wave Labs Ruchita Rambles Pvt. Ltd- First Moms Club E-commerce N.A. N.A.

Angel Investors Trip Tap Toe Pvt Ltd E commerce 26.00% N.A.

Sequoia Capital and Sofina Think & Learn Pvt Ltd- Byju's Education N.A. 75.00

Sequoia Capital, Sofina, Lightspeed Ventures, Think & Learn Pvt Ltd- Byju's Education N.A. 50.00 Times Internet Ltd and angel investor

Michael & Susan Dell Foundation Avanti Learning Centres Pvt Ltd Education N.A. 5.00

Unitus Seed Fund and Sequoia Capital India Cuelearn Pvt Ltd- Cuemath Education N.A. 4.00 50 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Insitor Impact Asia Fund and Acumen fund Edubridge Learning Pvt Ltd Education N.A. 2.50

Blinc Advisors and angel investors Imarticus Learning Pvt Ltd Education N.A. 1.00

Angel investors GreyCampus Edutech Pvt. Ltd Education N.A. 1.00

Menterra Venture Advisors. Concept Learning Technologies Pvt. Ltd- Math buddy Education N.A. 0.44

Indian Angel Network and Chennai Angels SP Robotics Works Pvt Ltd Education N.A. 0.29

MeritTrac- Manipal Global Education Services Pathfinder Publishing Private Limited- Careers360 Education N.A. N.A.

Calcutta Angels, Lead Angels and angel investors CarveNiche Technologies Private Limited Education N.A. N.A.

Angel investors, Lionrock Capital Aeon Learning Pvt Ltd- Avagmah Education N.A. N.A.

India Educational Investment Fund OliveBoard Comptech Pvt. Ltd Education N.A. N.A.

Brand Capital Simplilearn Solutions Pvt Ltd Education N.A. N.A.

Blume ventures Inzane Labs Pvt Ltd- Prepathon Education N.A. N.A.

Angel investors Paratus Knowledge Ventures Pvt. Ltd- Fundamentor Education N.A. N.A.

International Finance Corp Think & Learn Pvt Ltd- Byju's Education N.A. N.A.

Gray Matters Capital Liqvid eLearning Services Pvt Ltd-Liqvid English Edge Education N.A. N.A. Pvt. Ltd

GIC and Abu Dhabi Ivestment Authority Greenko Energy Holdings Energy & Natural Resources N.A. 230.00 Dealtracker 2016 | PRIVATE EQUITY 51

Investor Investee Sector Stake US$ mn

Piramal Enterprises Ltd and APG Asset Essel Green Energy Pvt. Ltd Energy & Natural Resources N.A. 132.00 Management

Piramal Enterprises Ltd's structured finance group ACME Cleantech Solutions Pvt. Ltd Energy & Natural Resources N.A. 74.63

Tridevi Capital Partners Prabha Energy Pvt Ltd Energy & Natural Resources N.A. 20.00

General Catalyst Partners Eastern Light And Power Pvt. Ltd- MYSUN Energy & Natural Resources N.A. 2.50

IDFC Alternatives Punj Lloyd Private Limited- 3 solar project Energy & Natural Resources N.A. N.A.

IDFC Alternatives Jindal Steel & Power Ltd - Wind power project at satata Energy & Natural Resources N.A. N.A.

Goldman Sachs Samhi Hotels Pvt. Ltd Hospitality & Leisure N.A. 66.00

Angel investors Big Fish Ventures Hospitality & Leisure N.A. 11.10

IIFL Seed Ventures Fund and Mayfield Fund Poncho Hospitality Pvt. Ltd - Box8 Hospitality & Leisure N.A. 7.50

Angel investors Hello Curry Pvt. Ltd Hospitality & Leisure N.A. 1.50

Carpediem Capital Partners and angel investors Thea Kitchen Pvt. Ltd- Biryani Blues Hospitality & Leisure N.A. 0.37

Quarizon Chai Thela Hospitality & Leisure N.A. 0.22

Angel investors Chatar Patar Foods Private Limited Hospitality & Leisure 26% 0.15

Indian Angel Network Roadhouse Hostels Pvt Ltd Hospitality & Leisure N.A. N.A.

Angel Investors Rays Culinary Delights Pvt Ltd- Sattviko Hospitality & Leisure N.A. N.A.

Angel Investors Shivanta Agro Foods Private Limited - Tpot café Hospitality & Leisure N.A. N.A. 52 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Small Enterprise Assistance Funds Synergy Kitchens & Hospitality Pvt Ltd Hospitality & Leisure N.A. N.A.

IDFC Alternatives Ltd Bangalore Elevated Tollway Ltd Infrastructure Management N.A. 115.38

Paragon Partners Capacite Infraprojects Limited Infrastructure Management N.A. 10.00

Angel investors iBus Networks and Infrastructure Pvt. Ltd Infrastructure Management N.A. 2.20

Angel investors Green Warriors Pvt. Ltd- Kabadiexpress Infrastructure Management N.A. 0.15

Blackstone Group Lp Mphasis Ltd IT & ITeS 60% 816.00

Khazanah Nasional Berhad Fractal Analytics Ltd IT & ITeS N.A. 100.00

Capital Square Partners Indecomm Global Services (India) Private Limited IT & ITeS 55% 90.00

Accel Partners and Sequoia Capital India FreshDesk Technologies IT & ITeS N.A. 55.00

EDBI, Blue Cloud Ventures,Hercules Capital, Druva Software Pvt Ltd IT & ITeS N.A. 51.00 Sequoia Capital, NTT Finance, Nexus Venture Partners and Tenaya Capital

Institutional Venture Partners, Charles River Qubole Inc IT & ITeS N.A. 30.00 Ventures, Lightspeed Venture Partners and Nowest Venture partners

Epsilon Venture Partners and a major Australian Pi Datacenters Pvt. Ltd IT & ITeS N.A. 23.00 private equity group

Delta Partners, Sequoia Capital and Mayfield India Knowlarity Communications Pvt. Ltd IT & ITeS N.A. 20.00

IDFC SPICE Fund, Micromax Informatics, Nirvana TranServ Pvt Ltd IT & ITeS N.A. 15.00 Capital and Faering Capital India Evolving Fund Dealtracker 2016 | PRIVATE EQUITY 53

Investor Investee Sector Stake US$ mn

Ignition Partners, Eight Roads Ventures, Greycroft Icertis Inc IT & ITeS N.A. 15.00 Partners

Sistema Asia Fund, Helion Ventures, VentureEast Seclore Technology Pvt Ltd IT & ITeS N.A. 12.00 and India Alternatives Private Equity Fund.

Helix Investments Netscribes India Pvt. Ltd IT & ITeS 70% 8.00

Jungle Ventures, Taurus Value Creation, Konly Snapbizz Cloudtech Pvt Ltd IT & ITeS N.A. 7.20 Venture and Blume Ventures

Vertex Ventures, Cisco Investments and IDG Customer Analytics Technologies Inc- CloudCherry IT & ITeS N.A. 6.00 Ventures India

New Enterprise Associates (NEA) and Blume Greytip Software Pvt Ltd IT & ITeS N.A. 5.22 Ventures

Omidyar Network OSLabs Technology India Pvt Ltd- Indus OS IT & ITeS N.A. 5.00

Tata Capital Innovations Fund Alef Mobitech Inc IT & ITeS N.A. 5.00

Lightspeed Venture Partners, Venture Highway , Mohalla Tech Pvt. Ltd- Sharechat IT & ITeS N.A. 4.00 SAIF Partners and India Quotient

Zodius Capital, Ru-Net, Kalaari Capital, Mumbai AppsDaily Solutions Pvt Ltd IT & ITeS N.A. 3.75 Angels, founders and Qualcomm Ventures.

SAIF Partners RoboticWares Pvt. Ltd- FarEye IT & ITeS N.A. 3.50

EXchange Investors NV and TransGlobal FZC Nettlinx Limited IT & ITeS N.A. 3.00 54 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Kalaari Capital, Qualcomm Ventures, ru-Net and AppsDaily Solutions Pvt Ltd IT & ITeS N.A. 2.00 Zodius Technology Opportunities Fund, Ambrosia Infotech Ltd

Sophia Investment ApS CropIn Technology Solutions Pvt Ltd IT & ITeS N.A. 2.00

IDG Ventures, IAN , Yournest Fund, Uniphore Software Systems Pvt Ltd IT & ITeS N.A. 2.00

SAIF Partners and India Quotient Mohalla Tech Pvt. Ltd- Sharechat IT & ITeS N.A. 1.35

SQue Capital, Grace Capital Ventures and Soham Sidqam Technologies IT & ITeS N.A. 1.20 Vencaps

Infuse Ventures. Silvan Innovation Labs Pvt Ltd IT & ITeS N.A. 0.90

Prime Venture Partners Plackal Techno Systems Pvt. Ltd- LoveCycles IT & ITeS N.A. 0.74

The Chennai Angels Silvan Innovation Labs Pvt Ltd IT & ITeS N.A. 0.50

Angel investors Oxyent Technologies Pvt. Ltd- Integrated Child Health IT & ITeS N.A. 0.45 Records (iCHR)

Angel investors Entropik Technology Pvt. Ltd IT & ITeS N.A. 0.20

Kstart Advenio TecnoSys (P) Ltd IT & ITeS N.A. 0.1

Ambit Pragma Prime Focus Technologies Pvt Ltd IT & ITeS N.A. N.A.

FW Sports Investment Fund and ASK Pravi Capital Sportz Interactive IT & ITeS 100% N.A. Advisors

Angel investors Snapbizz Cloudtech Pvt Ltd IT & ITeS N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 55

Investor Investee Sector Stake US$ mn

Angel investors Iqlect Software Solutions Pvt. Ltd. IT & ITeS N.A. N.A.

Flipkart, Saavn, Micromax and angel investors Red Brick Lane Marketing Solutions Pvt Ltd- Zapr IT & ITeS N.A. N.A.

Angel investor New Age Networks Pvt Ltd- Plick.it IT & ITeS N.A. N.A.

Angel investors AlmaConnect Solutions Pvt Ltd IT & ITeS N.A. N.A.

Accel Partners and angel investors SigTuple Technologies Pvt Ltd IT & ITeS N.A. N.A.

Mitsui & Co, Ltd Crayon Data Pte Ltd IT & ITeS N.A. N.A.

StartupXseed Ventures, 3ONE4 Capital, The Aarav Unmanned Systems Pvt Ltd IT & ITeS N.A. N.A. Phoenix Fund and angel invesotrs

Hillhouse Capital and Google Capital Girnar Software Pvt Ltd IT & ITeS N.A. N.A.

Angel investors Smartron India Pvt Ltd IT & ITeS N.A. N.A.

Undisclosed investors Process Nine Technologies Pvt Ltd IT & ITeS N.A. N.A.

Inventus Capital Partners Knolskape Solutions Pvt. Ltd IT & ITeS N.A. N.A.

Angel investors Bits N Bytes Soft Pvt Ltd- Trak N Tell IT & ITeS N.A. N.A.

Angel Investors TAC Security Solutions- TAC InfoSec Pvt. Ltd IT & ITeS N.A. N.A.

Angel Investors Beyond Evolution Tech Solutions Pvt Ltd IT & ITeS N.A. N.A.

KellyGamma, Lead Angels, and angle investors PurpleDocs IT & ITeS N.A. N.A. 56 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investor Plackal Techno Systems Pvt. Ltd- LoveCycles IT & ITeS N.A. N.A.

The Chennai Angels and LetsVenture Netree E-Services Pvt Ltd IT & ITeS N.A. N.A.

Fairfax India Holdings Corporation Sanmar Chemicals Group Manufacturing 30% 300.00

TA Associates Management Lp TCNS Clothing Company Pvt Ltd- 'W' Manufacturing N.A. 140.00

Multiples Private Equity Arvind Ltd Manufacturing 10% 110.45

KKR Dalmia Bharat Ltd Manufacturing 8.5% 91.30

The Chatterjee Group MCC PTA India Corp Pvt Ltd Manufacturing 90% 48.00

ICICI Venture Anthea Aromatics Pvt. Ltd Manufacturing N.A. 18.00

Paragon Partners and undisclosed investors Maini Precision Products Ltd Manufacturing N.A. 16.57

Angel investors Mandhana Retail Ventures Ltd- Being Human Manufacturing 13% 9.70

Angel investors Greenway Appliances Manufacturing N.A. 2.50

Angel investors Cleanse Solutions (India) India Pvt Ltd Manufacturing N.A. 0.45

Qualcomm Ventures iFuture Robotics Pvt Ltd- Ark Robot Manufacturing N.A. 0.35

Termsheet.io. and angel investors Endless Robotics Pvt. Ltd Manufacturing N.A. 0.10

Goldman Sachs Group Inc - Broad Street Amber Enterprises (India) Pvt. Ltd Manufacturing 36% N.A. Investments (Singapore) Pte. Ltd and MBD Bridge Street 2015 Investments (Singapore) Pte Ltd Dealtracker 2016 | PRIVATE EQUITY 57

Investor Investee Sector Stake US$ mn

Argand Partners LP Sigma Electric Manufacturing Co Manufacturing 100% N.A.

Angel investors Saral Design Solutions Pvt Ltd Manufacturing N.A. N.A.

Angel investors Bollant Industries Ltd Manufacturing N.A. N.A.

Angel investors Arcatron Mobility Pvt Ltd Manufacturing N.A. N.A.

Accel Partners and angel investor Systemantics India Pvt Ltd Manufacturing N.A. N.A.

Swastika Company Ltd Wefly Indoor Skydiving LLC Manufacturing N.A. N.A.

PremjiInvest & Emerald Media Amagi Media Labs Pvt Ltd Media & Entertainment N.A. 35.00

Bessemer Venture Partners, Intel Capital, Xiaomi Hungama Digital Media Entertainment Pvt. Ltd. Media & Entertainment N.A. 25.00 Inc. and angel investor

ByteDance, Matrix Partners India, Sequoia Capital Ver Se Innovation Pvt Ltd - Dailyhunt Media & Entertainment N.A. 25.00 India, Omidyar, Falcon Edge and angel investor

Goldman Sachs DEN Networks Ltd Media & Entertainment 6.7% 21.26

Wall Street Investments Ltd DEN Sports and Entertainment Pvt. Ltd Media & Entertainment 55% 6.47

You & Mr Jones, Fortisure Ventures, and angel Jivox Software India Private Limited- Jivox IQ Media & Entertainment N.A. 6.00 investor

Sequoia Capital India, North Base Media, Aarin Pocket Aces Pictures Pvt. Ltd Media & Entertainment N.A. 3.00 Capital, 3one4 Capital, Axilor Ventures and angel investors

Nexus Venture Partners, Contrarian Opportunities Nasadiya Technologies Pvt. Ltd- Pratilipi Media & Entertainment N.A. 0.93 Fund I, Times Internet Ltd and angel investors 58 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Chatsworth Management and ITW Veqta Media & Entertainment N.A. 0.50

Indian Angel Network, CIO Angel Network and Real Time Networks Pvt Ltd- Paytunes Media & Entertainment N.A. 0.50 angel investor

Wall Street Investments Ltd DEN Sports and Entertainment Pvt. Ltd- DEN Soccer Media & Entertainment 25.00% N.A. Pvt. Ltd

Omidyar Network and angel investors News Laundry Media Pvt Ltd Media & Entertainment N.A. N.A.

Angel investors Digitalist Tech Media Pvt. Ltd- SheThePeople Media & Entertainment N.A. N.A.

EVC Ventures Eduvative Technologies LLP- EdTechReview Media & Entertainment N.A. N.A.

Angel Investors MadRat Games Pvt Ltd Media & Entertainment N.A. N.A.

GEMs advisory and Quarizon Streo Technologies Private Limited Media & Entertainment N.A. N.A.

International Finance Corp Apollo Health and Lifestyle Limited Pharma, Healthcare & Biotech 29% 66.18

Kedaara Capital Sutures India Pvt Ltd Pharma, Healthcare & Biotech 13% 59.70

ADV Partners Dr. Agarwal's Healthcare Ltd Pharma, Healthcare & Biotech N.A. 45.00

TPG Growth Cancer Treatment Services International Pharma, Healthcare & Biotech 65% 33.00

TPG Growth Rhea Healthcare Pvt Ltd- Motherhood Pharma, Healthcare & Biotech N.A. 33.00

Everstone Group Rubicon Research Pvt. Ltd Pharma, Healthcare & Biotech 70% 33.00 Dealtracker 2016 | PRIVATE EQUITY 59

Investor Investee Sector Stake US$ mn

Sequoia India, Sands Capital Ventures, RA Capital Mitra Biotech Pvt Ltd Pharma, Healthcare & Biotech N.A. 27.40 Management, Accel Partners and Tata Capital Innovations Fund

Samara Capital Management Ltd Sahajanand Medical Technologies Pvt Ltd Pharma, Healthcare & Biotech N.A. 25.00

Samara Capital Partners Fund II Ltd Adcock Ingram Healthcare Pvt. Ltd Pharma, Healthcare & Biotech 100% 22.00

Creador Capital Corona Remedies Pvt Ltd Pharma, Healthcare & Biotech N.A. 17.61

SeaLink Capital Partners and International Finance NephroPlus - Nephrocare Health Services Pvt Ltd Pharma, Healthcare & Biotech N.A. 14.93 Corporation

Perceptive Advisors, Romulus Capital, Kalaari Vyome Biosciences Pvt Ltd Pharma, Healthcare & Biotech N.A. 14.00 Capital, Sabre Partners and Aarin Capital

Eight Roads Ventures, F-Prime Capital Partners Core Diagnostics Pvt Ltd Pharma, Healthcare & Biotech N.A. 12.00 and Artiman Ventures

Ambit Pragma Ventures Pvt. Ltd Vidal Healthcare Services Pvt Ltd Pharma, Healthcare & Biotech N.A. 10.00

India Life Sciences Fund II Oasis Centre-in-vitro fertilisation centres Pharma, Healthcare & Biotech N.A. 6.20

IL&FS Investment Managers and Norwest Venture Neonatal Care and Research Institute Pvt. Ltd- Ovum Pharma, Healthcare & Biotech N.A. 5.00 Partners Hospitals

Romulus Capital Vyome Biosciences Pvt Ltd Pharma, Healthcare & Biotech N.A. 2.00

S-Squared Capital Investments Vatsalya – Centre for Oral Health Pharma, Healthcare & Biotech N.A. 1.67

Unitus Seed Fund and Grey Matters AddressHealth Solutions India Pvt Ltd Pharma, Healthcare & Biotech N.A. 1.50 60 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors iGenetic Diagnostics Pvt Ltd Pharma, Healthcare & Biotech N.A. 1.00

Abraaj Group CARE Hospital - Quality Care India Pharma, Healthcare & Biotech N.A. N.A.

Somerset Indus Capital Partners Browndove Healthcare (P) Ltd Pharma, Healthcare & Biotech N.A. N.A.

Cipher-Plexus Capital Advisors and angel investors Remidio Innovative Solutions Pvt Ltd Pharma, Healthcare & Biotech N.A. N.A.

Unitus Seed Fund Free 3 Health Care Services Pvt. Ltd- Smile Merchants Pharma, Healthcare & Biotech N.A. N.A.

Indian Angel Network Transcell Biologics Pvt Ltd Pharma, Healthcare & Biotech N.A. N.A.

Accel Partners, Indian Angel Network , India Consure Medical Pvt Ltd Pharma, Healthcare & Biotech N.A. N.A. Innovation Fund and India Venture Partners

Angel investors Disha Medical Services Pvt Ltd- Drishti Pharma, Healthcare & Biotech N.A. N.A.

RoundGlass Partners Xcode Life Sciences Pvt Ltd Pharma, Healthcare & Biotech N.A. N.A.

Healthquad, Indian Angel Network and Axilor Neurosynaptic Communications Pvt. Ltd Pharma, Healthcare & Biotech N.A. N.A. Ventures

Apis Partners LLP Electronic Payment and Services Pvt Ltd Professional / Business Services N.A. 25.00

Mandala Capital Edward Food Research & Analysis Centre Limited- Professional / Business Services 51% 10.00 EFRAC

Faering Capital, Elevate Sports and HDFC Bank KOOH Sports Pvt. Ltd Professional / Business Services N.A. 2.20 Ltd.

India Quotient. Tracxn Labs, Calcutta Angels and Highorbit Careers Pvt. Ltd- IIMjobs.com Professional / Business Services N.A. 2.00 Dealtracker 2016 | PRIVATE EQUITY 61

Investor Investee Sector Stake US$ mn

Angel investors Emanar Enterprise Pvt. Ltd- RoboVac Professional / Business Services N.A. 0.45

Saha Fund and Manipal Global Education Services JoulestoWatts Business Solutions Pvt. Ltd. Professional / Business Services N.A. N.A. Ltd

Upaya Social Ventures and 3rd Creek Foundation Maitri Livelihood Services Pvt Ltd Professional / Business Services N.A. N.A.

Angel investors Blasters Sports Pvt Ltd- Kerala Blasters Professional / Business Services N.A. N.A.

Timbru Ventures. Positive Ventures Pvt. Ltd- The Indian Iris Professional / Business Services N.A. N.A.

Idein Ventures Restate Professional / Business Services N.A. N.A.

Angel investors Leh Leh 7 Entertainment Solutions Pvt Ltd- Leh Leh Professional / Business Services N.A. N.A. Sports

Brookfield Asset Management Hiranandani Group- offices and retail space in Powai Real Estate 100% 1,000.00

Blackstone Group Lp Salarpuria Sattva Goup - Office park project Real Estate N.A. 70.00

Altico Capital and KKR SARE Homes Real Estate N.A. 63.50

Cerestra Advisors Ltd Alexandria Knowledge Park Real Estate 100% 59.70

HDFC Capital Total Environment Building Systems Pvt. Ltd Real Estate N.A. 48.00

Apollo Asia RE Singapore Pte Ltd Undisclosed parties (consortium of offshore investors)- Real Estate N.A. 41.04 two projects, in Bengaluru and Vadodara

JP Morgan Asset Management Assetz Property Real Estate N.A. 29.41 62 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Altico Capital India Pvt. Ltd Pharande Group- Residential Projects, ‘L-Axis’ and Real Estate N.A. 26.80 ‘Woodsville-III’

ICICI Prudential's real estate fund Signature Global India Pvt Ltd Real Estate N.A. 22.73

KKR Sunteck Realty Ltd- 2 upcoming residential projects Real Estate 5% 22.40

KKR & Co Ltd Mantri Developers Pvt Ltd Real Estate N.A. 21.97

Reliance Capital Square Yards Consulting Pvt Ltd Real Estate N.A. 12.00

Nisus Finance Services Co. Pvt. Ltd Shriram Land Development India Ltd Real Estate N.A. 4.50

Cerestra Advisors Ltd Arka Eduserve Pvt Ltd-real estate assets of 12 schools Real Estate 74% N.A.

Cerestra Advisors Ltd Arka Eduserve Pvt Ltd-real estate assets of 12 schools Real Estate 74% N.A.

Godrej Residential Investment Program II Pte. Ltd Godrej Greenview Housing Private Limited Real Estate 80% N.A.

Blackstone Group Suma Shilp Ltd- Westland mall Real Estate 50% N.A.

Acumen Aarusha Homes Pvt Ltd Real Estate N.A. N.A.

DVI Fund Mauritius PC Jeweller Ltd Retail & Consumer N.A. 64.70

Premji Invest Fabindia Overseas Pvt. Ltd. Retail & Consumer 8% 52.00

Fidelity PC Jeweller Ltd Retail & Consumer N.A. 38.20

Peepul Capital and Ascent capital Maiya’s Beverages and Food Private Limited Retail & Consumer N.A. 30.30 Dealtracker 2016 | PRIVATE EQUITY 63

Investor Investee Sector Stake US$ mn

Brand Capital Meru Cab Co. Pvt. Ltd Retail & Consumer N.A. 25.00

International Finance Corporation Future Consumer Enterprise Ltd Retail & Consumer N.A. 20.00

Motilal Oswal Private Equity Dairy Classic Ice Creams Pvt. Ltd Retail & Consumer N.A. 16.42

Rabo Equity Advisors Pvt. Ltd Cremica food industries ltd Retail & Consumer N.A. 15.00

MOPE Investment Advisors Pvt. Ltd Ganesh Grains Ltd Retail & Consumer N.A. 14.93

Verlinvest Future Consumer Enterprise Ltd Retail & Consumer N.A. 8.50

Lok Capital and Aavishkaar Venture Management HR Food Processing Pvt Ltd Retail & Consumer N.A. 6.70

Verlinvest, DSG Consumer Partners, Fireside Drums Food International- Hokey Pokey ice cream Retail & Consumer N.A. 6.60 Ventures and angel investors

Sequoia Capital and angel investors B9 Beverages Pvt Ltd- Bira 91 Retail & Consumer N.A. 6.00

Saama Capital and Verlinvest Veeba Food Services Pvt. Ltd Retail & Consumer N.A. 6.00

Sixth Sense Ventures and angel investor Soothe Healthcare Pvt. Ltd- Paree Retail & Consumer N.A. 2.00

Angel investors Fresh Food Concepts Pvt Ltd - Juice up Retail & Consumer N.A. 2.00

Sixth Sense Ventures Hindustan Foods Ltd Retail & Consumer 16% 1.20

Angel investors Indulge Beverages Pvt Ltd- Bonhomia brand Retail & Consumer N.A. 1.00

Shooting Star Sports LLP and Franchise India CPK Food and Beverages Pvt. Ltd- The Kettlery Retail & Consumer N.A. 1.00 Brands 64 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Fireside Ventures, Valpro Capital and angel Indulge Beverages Pvt Ltd- Bonhomia brand Retail & Consumer N.A. 0.50 investors

Venture Catalysts and angel investors Beardo Retail & Consumer N.A. 0.50

Angel investors Indus B2C Global Pvt Ltd Retail & Consumer N.A. 0.38

Chennai Angels Syona Cosmetics Pvt. Ltd Retail & Consumer 18% 0.15

Angel investors Kaama Impex Pvt. Ltd- Wittlinger Retail & Consumer N.A. N.A.

Angel investors Mambalam Iyers Food Products Pvt. Ltd Retail & Consumer N.A. N.A.

Edelweiss Private Equity Rockdude Impex Pvt. Ltd -Freshee Retail & Consumer N.A. N.A.

Angel Investors Buttercups Intimates Pvt. Ltd Retail & Consumer N.A. N.A.

Chandigarh Angels Network Apeksha Gourmet Jar Pvt. Ltd- The Gourmet Jar Retail & Consumer N.A. N.A.

Angel investors Soothe Healthcare Pvt. Ltd- Paree Retail & Consumer 51% N.A.

Tencent Holdings, Foxconn Technology Group, Hike Ltd Startup N.A. 175.00 Tiger Global, Bharti Enterprises and Softbank Holdings Pte. Ltd.

Helion Venture Partners and Zodius Capital, Ascent SuperMarket Grocery Supplies Pvt Ltd - BigBasket.com Startup N.A. 150.00 Capital, Abraaj Group, Bessemer Venture Partners, International Finance Corporation and Sands Capital.

SoftBank Corp, Sequoia Capital, Lightspeed Oravel Stays Pvt Ltd- OYORooms.com Startup N.A. 90.00 Venture Partners and Greenoaks Capital Dealtracker 2016 | PRIVATE EQUITY 65

Investor Investee Sector Stake US$ mn

Warburg Pincus Rivigo Services Pvt Ltd- Rivigo Startup N.A. 75.00

IFC, TPG Growth, Adveq Management, IDG Lenskart Solutions Private limited- Lenskart.com Startup N.A. 60.00 Ventures and angel investors

Norwest Venture Partners, Accel Partners and Bundl Technologies Pvt Ltd- Swiggy.com Startup N.A. 35.00 SAIF Partners, Harmony Partners, RB investments and a global investment entity

Goldman Sachs, Bertelsmann India Investments, Trendsutra Platform Services Pvt. Ltd- Pepperfry.com Startup N.A. 31.30 Norwest Venture Partners and Zodius Technology Fund

Tiger Global and angel investors Nestaway Technologies Pvt Ltd- nestaway Startup N.A. 30.00

Kalaari Capital, Accel Partners, IIFL Holdings Ltd, Jewels Online Distribution India Pvt Ltd - Bluestone.com Startup N.A. 30.00 RB Investments and IvyCap Ventures

Creation Investments Capital Management, Zen Lefin Pvt Ltd- Capital Float Startup N.A. 25.00 Sequoia Capital, SAIF Partners and Aspada

Ford Smart Mobility Llc, SequoiaCapIndia, Empire ZoomCar India Pvt Ltd Startup N.A. 24.00 Angels and Nokia Growth Partners

Arin Capital and Alpha Capital Advisors Just Buy Live Enterprise Pvt. Ltd Startup N.A. 20.00

Sequoia Capital,Times Internet, Seedfund, Beenos, Voonik Technologies Pvt. Ltd Startup N.A. 20.00 Beenext, Parkwood Bespin, Tancom Investments and angel investor

Bertelsmann India Investments, Darrin Capital Lendingkart Technologies Pvt Ltd- Lendingkart.com Startup N.A. 20.00 Management, Mayfield India, Saama Capital and India Quotient. 66 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Bertelsmann India Investments, Matrix Partners Rubtub Solutions Pvt. Ltd- Treebo Hotels Startup N.A. 16.70 India and SAIF Partner

Zodius Capital and Lightspeed ventures Food Vista India Pvt Ltd Startup N.A. 16.50

Westbridge Capital Partners, Pravega Ventures InnovAccer Management Pvt. Ltd. Startup N.A. 15.60 and angel investors

SoftBank Corp Housing.com - Locon Solutions Private Limited Startup N.A. 15.38

Maverick Capital Ventures, Sequoia Capital and 1mg Technologies Pvt. Ltd Startup N.A. 15.00 Omidyar Network

Kalaari Capital, Accel Partners and IDG Ventures Curefit Healthcare Pvt Ltd Startup N.A. 15.00

Bessemer Venture Partners, Norwest Venture Bundl Technologies Pvt Ltd- Swiggy.com Startup N.A. 15.00 Partners, Accel Partners and SAIF Partners

Lightbox Ventures, Axis Capital, and angel Kieraya Furnishing Solutions Pvt Ltd- Furlenco Startup N.A. 15.00 investors

Bessemer Venture Partners, Jungle Ventures and Home Interior Designs E-Commerce Pvt Ltd-Livspace Startup N.A. 14.93 Helion Venture Partners.

Angel investor,Rise Capital, Jabbar Internet Group, Hit The Mark Inc- Hopscotch Wholesale Trading Pvt Ltd Startup N.A. 13.00 and Lionrock Capital

SAIF Partners, IDG Ventures, Vertex Ventures, NEA Xpressbees Logistics Solutions Pvt. Ltd- Xpressbees Startup N.A. 12.50 and Valiant Capital

Sequoia Capital, QualGro Asean Fund and Canopy Sirion Labs Pvt Ltd Startup N.A. 12.25 Ventures Dealtracker 2016 | PRIVATE EQUITY 67

Investor Investee Sector Stake US$ mn

TVS Capital and angel investors Nykaa - FNS E-Commerce Ventures Pvt Ltd Startup N.A. 12.24

TVS Capital and angel investors Nykaa - FNS E-Commerce Ventures Pvt Ltd Startup N.A. 12.24

SAIF Partners ClearTax - Defmacro Software Pvt. Ltd Startup N.A. 12.00

Omidyar Network, Sequoia Capital India, Kae Bright Lifecare Pvt Ltd - Healthkart.com Startup N.A. 12.00 Capital and others

Matrix Partner, Zodius Technology Opportunities OFB Tech Pvt Ltd- OfBusiness Startup N.A. 11.00 Fund and angel investors

Tiger Global Management Llc Contagious Online Media Network Pvt Ltd- The Viral Startup 25% 10.00 Fever

BEENEXT venture capital, Digital Garage, BEENOS, NoBroker Technologies Solutions Pvt Ltd Startup N.A. 10.00 Qualgro, SAIF Partners and Angel investors

One97 Communications Pvt. Ltd (Paytm), Snow SoCoMo Technologies Pvt Ltd- Jugnoo Startup N.A. 10.00 Leopard Technology Ventures, Rocketship.vc

Lightspeed Venture Partners India and Lightspeed Udaan Startup N.A. 10.00 US

Omidyar Network, Accel Partners and Elevar Indifi Technologies Pvt Ltd Startup N.A. 10.00 Equity

Edelweiss Private Equity, Mahindra & Mahindra PrimeMover Mobility Technologies Private Limited- Revv Startup N.A. 9.00 Financial Services and LeasePlan India

Accel Partners, RB Investments, Aarin Capital and Casa2 Stays Pvt. Ltd- Fabhotels.com Startup N.A. 8.00 Qualcomm Ventures 68 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

KTB Ventures, SAIF Partners, BEENEXT, and Digital NoBroker Technologies Solutions Pvt Ltd Startup N.A. 7.35 Garage

Nexus Venture Partners Postdot Technologies Pvt. Ltd- Postman Startup N.A. 7.00

Norwest Venture Partners, Accel Partners and DST Bundl Technologies Pvt Ltd- Swiggy.com Startup N.A. 7.00 Global

Nexus Venture Partners and Blume Venture Carthero Techonologies Pvt Ltd- runnr Startup N.A. 7.00 Partners

Accel Partners Mihup Communications Pvt Ltd Startup 20% 6.70

PayU, Ribbit Capital and Omidyar Network Chalk Farm Ventures Pvt. Ltd- Zestmoney Startup N.A. 6.70

Sequoia Capital and Prime Venture Partners Minions Ventures Pvt. Ltd- KredX Startup N.A. 6.25

Bertelsmann India Investments, 500 Startups, BigFoot Retail Solutions Pvt Ltd- KartRocket.com Startup N.A. 6.00 Nirvana Ventures and Beenext

L’Occitane International S.A, Tano Capital and Sanghvi Technologies Pvt Ltd- MyGlamm Startup N.A. 6.00 Brand Capital

IDG Ventures India, Inventus Capital and Blume Caeruz Ventures Private Limited - HealthifyMe Startup N.A. 6.00 Ventures

RB Investments Pte. Ltd, Orios Venture Partners MTC Ecom Pvt Ltd - PrettySecrets Startup N.A. 6.00

JSW Ventures, Ivy Cap and Blume Ventures. Manash Lifestyle Pvt Ltd- Purplle.com Startup N.A. 6.00

Innoven Capital, Times Internet, Matrix Partners Birds Eye Systems Private Limited -Ridlr Startup N.A. 6.00 India and Qualcomm Ventures Dealtracker 2016 | PRIVATE EQUITY 69

Investor Investee Sector Stake US$ mn

Carpediem Capital Gadgetwood eServices Pvt Ltd Startup N.A. 6.00

Sequoia India, Matrix Partners India, Accel Osmnez Technologies Private Limited- Zarget Startup N.A. 6.00 Partners

Sequoia India, Helion Venture Partners and Zero Effort Technologies Private Limited- GoZefo Startup N.A. 5.97 Beenext

Accel Partners and angel investors Juspay Technologies Pvt Ltd. Startup N.A. 5.80

IDG Ventures, Sequoia India, GREE Ventures Omapal Technologies Pvt. Ltd- Flyrobe Startup N.A. 5.30

Kalaari Capital, Inventus Capital, Tekton Ventures Paix Technology Pvt Ltd-Truebil.com Startup N.A. 5.15 and Kae Capital

Lightbox Ventures August Jewellery Pvt. Ltd- Melorra Startup N.A. 5.00

Aspada Advisors, Inventus Capital Partners and Aasaanjobs Pvt Ltd Startup N.A. 5.00 IDG Ventures

Aavishkaar Jaypore E-Commerce Pvt. Ltd Startup N.A. 5.00

Matrix Partners and angel investors OFB Tech Pvt Ltd- OfBusiness Startup N.A. 5.00

Bertelsmann India Investments Relevant e-solutions Pvt Ltd-Roposo.com Startup N.A. 5.00

Accel Partners and IDG Ventures India Edunetwork Pvt Ltd- Rentomojo Startup N.A. 5.00

Rainmaker Ventures YAAP Digital Pvt. Ltd Startup N.A. 5.00

RTP-HC, Wonder Ventures, Techstars Ventures and Stasis Labs Startup N.A. 5.00 others 70 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Sequoia India. Vymo Solutions Pvt. Ltd Startup N.A. 5.00

SoftBank Corp Housing.com - Locon Solutions Private Limited Startup N.A. 5.00

IvyCap Ventures, Orios Venture Partners, Mayfield Crenovative Ideas Pvt. Ltd - TaskBob Startup N.A. 4.50 India

Sequoia Capital, Saama Capital Management Ltd Rakyan Beverages Pvt. Ltd- RAW Pressery Startup N.A. 4.50 and DSG Consumer Partners.

Accel Partners and Angel investors CureJoy Inc Startup N.A. 4.40

Accel Partners, SeedPlus and Jungle Ventures Mogli Labs (India) Pvt. Ltd- Moglix Startup N.A. 4.18

India Quotient, SAIF Partners Aegis Care Advisors Pvt. Ltd- Care24 Startup N.A. 4.00

Angel investor Glow Homes Technologies Pvt. Ltd- Buildzar Startup N.A. 4.00

Brand Capital, Siddhivinayak Skyscrapers, Truelytics eComm Pvt. Ltd- icustommadeit.com Startup N.A. 4.00 Undisclosed corporate giant and Angel investors

Artiman Ventures medECUBE Healthcare India Pvt Ltd Startup N.A. 4.00

SAIF Partners and IDG Ventures India PlaySimple Games Pvt. Ltd Startup N.A. 4.00

American Express Ventures, DSG Consumer GC Web Ventures Pvt Ltd- IndiaLends Startup N.A. 4.00 Partners, Cyber Carrier VC and AdvantEdge Partners

Songhyun Investment 42Company India Pvt. Ltd- Slide App Startup N.A. 3.60

Sequoia India, Beenext Ventures, India Quotient Motiveprime Consumer Electronics Pvt. Ltd- CREO Startup N.A. 3.00 and angel investor Dealtracker 2016 | PRIVATE EQUITY 71

Investor Investee Sector Stake US$ mn

Lightspeed Venture Partners Samast Technologies Pvt. Ltd- Magicpin Startup N.A. 3.00

Accel Partners, Qualcomm Ventures, M&S 63Ideas Infolabs Pvt Ltd- Ninjacart Startup N.A. 3.00 Partners and Zop Smart

Mayfield India II Management Ltd Delightful Gourmet Pvt Ltd- Licious Startup N.A. 3.00

JSW Ventures, Omidyar Network, Sattva Capital Exit10 Marketing Pvt. Ltd- Overcart.com Startup N.A. 3.00 and Venture Works.

Angel investors LoanTap Financial Technologies Pvt. Ltd Startup N.A. 3.00

Beenext, Digital Garage; BEENOS and others Expedient Healthcare Marketing Pvt. Ltd- Healthians. Startup N.A. 3.00 com

IDG Ventures and Accel Partners Smartpaddle Technology Pvt. Ltd- Bizongo Startup N.A. 3.00

Y Combinator partners, Susa Ventures, London’s AS JustRide Tours and Travels Pvt Ltd- JustRide Startup N.A. 3.00 Kima Ventures, Axan Ventures and SCM Holdings

Franchise India and other investors Savetur Digital Pvt Ltd- TYGR Startup N.A. 3.00

Michael and Susan Dell Foundation, 3One4 Capital, Next Door Learning Solutions Pvt Ltd- Onlinetyari Startup N.A. 2.99 Contrarian Capital, Tracxn Labs, Globevestor, Advantedge and angel investors

Prime Venture Partners and Kalaari Capital Usekiwi Infolabs Private Limited- Affordplan Startup N.A. 2.94

Exfinity Venture Partners, Blume Ventures, MARA Labs Inc- Locus Startup N.A. 2.75 BeeNext and angel investor

The Hive India, Infuse Ventures, Lumis Partners Altizon Systems Pvt Ltd Startup N.A. 2.60 72 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Orange Gubbi Technologies Pvt. Ltd.- Mygubbi Startup N.A. 2.50

Mistletoe, M&S Fund Singapore and Angel InnerChef Pvt Ltd Startup N.A. 2.50 investors

RoundGlass Partners and BrahmaX Ventures Doctor Insta Pvt Ltd Startup N.A. 2.50

Unilazer Ventures and angel investors Easypolicy Insurance Web Aggregators Pvt Ltd- Startup N.A. 2.20 Easypolicy

Tamarind Family Private Trust and undisclosed JMS Logistics & Express Pvt. Ltd-Wow Express Startup N.A. 2.20 investor

Angel investors BigFoot Retail Solutions Pvt Ltd- KartRocket.com Startup N.A. 2.00

Man Capital Girnarsoft Education Services Pvt. Ltd- CollegeDekho. Startup N.A. 2.00 com

Angel investors Easy Roads Technologies Pvt Ltd Startup N.A. 2.00

Kalaari Capital and Norwest Venture Partners NTex Transportation Services Private Limited- Startup N.A. 2.00 ElasticRun

Sequoia Capital India and Founders Fund Angel ClearTax - Defmacro Software Pvt. Ltd Startup N.A. 2.00

Kalaari Capital InfoCredit Services Pvt Ltd- CreditVidya Startup N.A. 2.00

Angel investors Arthashastra Fintech Pvt. Ltd- ePayLater Startup N.A. 2.00

Undisclosed investors BankerBay Technologies Pte Ltd Startup N.A. 2.00

Undisclosed investors Fella Technology Solutions Pvt Ltd- Fella Homes Startup N.A. 2.00 Dealtracker 2016 | PRIVATE EQUITY 73

Investor Investee Sector Stake US$ mn

India Quotient, FAO Ventures, Indian Angel Network High Street Essentials Pvt Ltd- FabAlley.com Startup N.A. 2.00 and angel investors

Angel investors Wholesalebox.in Startup N.A. 2.00

Quotient Fund & Kalaari Capital HolaChef Hospitality Private Limited Startup N.A. 1.95

Lumis Partners, The HR Fund, Quintillion Media and Applied Life Pvt Ltd- Sheroes.in Startup N.A. 1.79 angel investor

Sequoia Capital and angel investors Omapal Technologies Pvt. Ltd- Flyrobe Startup N.A. 1.70

Littlerock, 500 Startups, Singularity Ventures and Ad Victoriam Ventures Pvt Ltd- StalkBuyLove Startup N.A. 1.50 others

Beenext, Stanford Angels, Chennai Angels, Betaout Inc Startup N.A. 1.50 Hyderabad Angels, and Mumbai Angels and angel investors

Matrix Partners India, Accel Partners and angel Osmnez Technologies Private Limited- Zarget Startup N.A. 1.50 investor

Angel investors SchoolWear Private Ltd Startup N.A. 1.50

The Gala Family SchoolWear Private Ltd Startup N.A. 1.50

Uniqorn Ventures, Chennai Angels and angel Bodhi Brands Pvt Ltd-The Velvetcase Startup N.A. 1.50 investors

Angel investors Skrilo India Pvt. Ltd Startup N.A. 1.50

Angel investors Modasta Technologies Pvt. Ltd Startup N.A. 1.50 74 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Brand Capital Fairassets Technologies India Pvt Ltd- Faircent Startup N.A. 1.50

Angel investors Crofarm Agriproducts Pvt. Ltd Startup N.A. 1.50

Nexus Venture Partners Balodis Technologies Pvt. Ltd- GoPigeon Startup N.A. 1.50

Blume Ventures, Mumbai Angels, ah! Ventures, Unocoin Technologies Pvt Ltd Startup N.A. 1.50 Digital Currency Group, Boost VC, Bank to the Future and FundersClub

Brand Capital Salebhai Internet Pvt Ltd Startup N.A. 1.49

Wipro ventures Altizon Systems Pvt Ltd Startup N.A. 1.40

Angel investors Urdoorstep Eretail Pvt Ltd Startup N.A. 1.40

Unilazer Ventures and angel investors Peopic Retail Pvt. Ltd- DialyObjects Startup N.A. 1.38

Angel investors ClearTax - Defmacro Software Pvt. Ltd Startup N.A. 1.30

Angel investors Affimity Inc. Startup N.A. 1.20

Undisclosed investors Secure Bitcoin Traders Pvt. Ltd- CoinSecure Startup N.A. 1.20

Rebright Partners and angel Investors Phasorz Technologies Pvt. Ltd- DocsApp Startup N.A. 1.20

IDG Ventures and Indian Angel Network Iluminar Media Pvt Ltd- Little Black Book Startup N.A. 1.20

SAIF Partners and angel investors YourDOST Health Solutions Pvt Ltd- YourDost Startup N.A. 1.20

Saama Capital Finwizard Technology Pvt Ltd- Fisdom Startup N.A. 1.10 Dealtracker 2016 | PRIVATE EQUITY 75

Investor Investee Sector Stake US$ mn

Plug and Play Tech Center and Steelhead Ventures Fermyon Pvt. Ltd- ShoppinPal Startup N.A. 1.07

Helion Venture Partners and Beenext Zero Effort Technologies Private Limited- GoZefo Startup N.A. 1.02

Blume Ventures, Stanford Angels India,WaterBridge Sorting Hat Technologies Private Limited- Unacademy Startup N.A. 1.00 Ventures and angel investors

Angel investors Zeb Ventures Pte Ltd- Zebpay Startup N.A. 1.00

Aarin Capital Partners and angel investors SavvyMob Travel Solutions Pvt Ltd Startup N.A. 1.00

Angel Investors Applicate IT Solutions Pvt Ltd Startup N.A. 1.00

Angel Investors Zebi India Pvt Ltd Startup N.A. 1.00

GrowX Ventures and angel investors TableHero Technologies Pvt Ltd Startup N.A. 1.00

Unitus Seed Fund BetterPlace Safety Solutions Pvt Ltd Startup N.A. 1.00

Angel investors CereBrahm Innovations Pvt Ltd- BabyBerry Startup N.A. 1.00

Unitus Seed Fund Humble Mobile Solutions Pvt Ltd- DriveU Startup N.A. 1.00

YourNest Angel Fund Aahaa Stores Pvt Ltd Startup N.A. 1.00

S. Chand and Co. Pvt. Ltd, Blume ventures Gyankosh Solutions Pvt Ltd- FlipClass Startup N.A. 1.00

Angel investors Supplified Technologies Pvt. Ltd Startup N.A. 1.00

Angel investors Corner Store Technologies Pvt Ltd- LifCare Startup N.A. 1.00 76 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Axilor Ventures and angel investors Kinematic Foodtech Pvt Ltd- Petoo Startup N.A. 1.00

Angel investors Magiclane App Services Pvt Ltd- MagicX Startup N.A. 1.00

Mount Nathan Advisors Pte Ltd D2C Consulting Services Pvt Ltd- RenewBuy Startup N.A. 1.00

Angel investors Ampere Vehicles Pvt. Ltd. Startup N.A. 1.00

S Chand & Co. Pvt Ltd, AdvantEdge Partners, Smartivity Labs Pvt Ltd Startup N.A. 1.00 CFG Offshore Holdings, Tandem Capital and angel investors.

Angel investors Appie Mobiquity Pvt. Ltd Startup N.A. 1.00

Blume Ventures and angel investors BHIVE Workspace Startup N.A. 1.00

Parampara Capital Atomberg Technology Pvt Ltd Startup N.A. 1.00

Saama Capital, Blume Ventures and Angel investor Sminq India Solutions Pvt. Ltd Startup N.A. 1.00

Rainmaker Ventures Raftaar Technologies Pvt Ltd- limo Startup N.A. 1.00

undisclosed investor and Patni Group Bombay Shirt Company Startup N.A. 1.00

YourNest Healthone Technology Pvt. Ltd- SeeDoc Startup N.A. 1.00

SRI Capital Workapps Solutions Private Limited Startup N.A. 1.00

Undisclosed investors Winiin Tax Scope Pvt. Ltd- Tax2win.in Startup N.A. 1.00

Prime Venture Partners NiYo Solutions Startup N.A. 1.00 Dealtracker 2016 | PRIVATE EQUITY 77

Investor Investee Sector Stake US$ mn

Angel investors Notion Press Media Pvt Ltd Startup N.A. 1.00

RoundGlass Partners Doctor Insta Pvt Ltd Startup N.A. 1.00

Angel investors CoLife Advisory Pvt Ltd Startup N.A. 1.00

Undisclosed investors KGJ Software Technologies Pvt. Ltd - Hashtaag Startup N.A. 1.00

Swastika Co Ltd Instacar Technologies Pvt. Ltd Startup N.A. 1.00

Angel investors YOLO Technologies Pvt. Ltd- Mykindofjob.com Startup N.A. 1.00

Angel Investors TalentNext.com Entertainment Private Limited Startup N.A. 1.00

YourNest Angel Fund and iSON Golflan Technologies Pvt Ltd- GolfLAN Startup N.A. 1.00

Silver Range Investments, Lumina Datamatics and Handy Training Technologies Pvt Ltd Startup N.A. 1.00 angel investors

Angel investors ASR Market Ventures Pvt. Ltd- Fitpass Startup N.A. 1.00

Angel investors HyperKonnect Technolgies Pvt Ltd- ShopsUp Startup N.A. 0.97

Omnivore Partners Olog Logistics Pvt. Ltd- FR8 Startup N.A. 0.97

Angel investors AppAlert Online Services Pvt Ltd Startup N.A. 0.90

Angel investors City Synapse Information Pvt Ltd- Zenify.in Startup N.A. 0.90

Michael & Susan Dell Foundation ConveGenius Edu Solutions Pvt Ltd Startup N.A. 0.90 78 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Saha Fund, Unitus Seed Fund, Indian Angel GoCoop Solutions and Services Pvt Ltd Startup N.A. 0.83 Network and angel investor

Angel investors Healthenablr India Pvt. Ltd Startup N.A. 0.80

Angel investor Easy Analytics Pvt Ltd- Just Dakhila Startup N.A. 0.75

Gana Yantrika Systems Pvt Ltd and Angel investors Sensara India Pvt Ltd Startup N.A. 0.75

Prime Venture Partners Minions Ventures Pvt. Ltd- KredX Startup N.A. 0.75

Currae Healthtech Fund and Unicorn India Ventures Pharmarack Technologies Pvt. Ltd Startup N.A. 0.75

Orbit Ventures Fund and angel investor Oxstren Wearable Technologies Private Limited- ActoFit Startup N.A. 0.75 Wearables

Accel Partners Futuron Systems Pvt. Ltd- Milofy Startup N.A. 0.74

Ben Franklin Technology Partners and angel Byndr Inc Startup N.A. 0.70 investors

SAIF Partners Crowdflux Technology Pvt Ltd- Playment Startup N.A. 0.70

Reliance Capital Ltd Radiant Hues CRM Solutions Pvt. Ltd- Luxehues Startup 5% 0.68

1Crowd, Eureka Forbes Limited and Shapoorji Idea Bubbles Consulting Services Pvt. Ltd Startup N.A. 0.67 Pallonji & Company Private Limited

Aspada Investment advisors and Blume Ventures Dunzo Digital Pvt Ltd Startup N.A. 0.65 and angel investors

Angel investors Bombay Shaving Company Startup N.A. 0.65 Dealtracker 2016 | PRIVATE EQUITY 79

Investor Investee Sector Stake US$ mn

SeedPlus XYSec Labs Pte. Ltd- AppKnox Startup N.A. 0.65

Blume Ventures and angel investors Sitara Digital Ventures Pvt Ltd - The Wedding Brigade Startup N.A. 0.61

YourNest Angel Fund and the LNB Group MoMark Services Pvt. Ltd Startup N.A. 0.60

Indian Angel Network, Angel investors, Tessellate DrivoJoy Startup N.A. 0.60 Ventures, Equity Crest and Tracxn Labs

Tracxn Labs, Hyderabad Angels, and angel Twigly Foods pvt ltd Startup N.A. 0.60 investors

IDG Ventures and Axilor Ventures InfiSecure Technologies Pvt. Ltd Startup N.A. 0.60

Angel investors Truckola Technologies Pvt. Ltd Startup N.A. 0.60

Indian Angel Network and Angel investors Wiwigo Technologies Pvt. Ltd Startup N.A. 0.60

Angel investors DropKaffe Food and Beverages Pvt Ltd Startup N.A. 0.55

Undisclosed investors and angel investors Urbanity Multisol Pvt. Ltd- mydidi.in Startup N.A. 0.55

Angel investors Indicare Health Services Pvt. Ltd- MyCareLine Startup N.A. 0.53

Indian Angel Network Phonon Solutions Pvt. Ltd- Orahi Startup N.A. 0.52

Blume Ventures and angel investors Sorting Hat Technologies Private Limited- Unacademy Startup N.A. 0.50

Angel Investors Finwizard Technology Pvt Ltd- Fisdom Startup N.A. 0.50

Indian Angel Network and Stanford Angels and Smartvizs Pvt. Ltd- SmartVizX Startup N.A. 0.50 Entrepreneurs India 80 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Giant Tech Labs Pvt. Ltd- Shouut Startup N.A. 0.50

Rebright Partners, Sol Primero and angel investors Reach App Pte Ltd Startup N.A. 0.50

Angel investors TapTap Meals Pvt Ltd- N.O.W Startup N.A. 0.50

EVC Ventures, Zhu Dao Investments and angel Aaidea solutions Pvt. Ltd- Milkbasket Startup N.A. 0.50 investors

RB Investments and Fundnel Impact Guru Technology Ventures Pvt. Ltd Startup N.A. 0.50

Ninestarter Newein Technologies Pvt. Ltd- Gear6.in Startup N.A. 0.50

Angel investors BAI Infosolutions Pvt. Ltd- TaxiVaxi Startup N.A. 0.50

Angel investors FixNix Inc. Startup N.A. 0.50

Kae Capital and Angel investors Gijutsu Solutions Pvt. Ltd- ListUP Startup N.A. 0.50

Kstart Active Intelligence Pte Ltd- Active.ai Startup N.A. 0.50

Kstart Usekiwi Infolabs Private Limited- Affordplan Startup N.A. 0.50

Kstart Parablu Systems Pvt. Ltd Startup N.A. 0.50

Angel investors Instago Pvt. Ltd Startup N.A. 0.50

Angel investors Kinematic Foodtech Pvt Ltd- Petoo Startup N.A. 0.50

Angel investors Vebbler Technologies Private Limited Startup N.A. 0.50 Dealtracker 2016 | PRIVATE EQUITY 81

Investor Investee Sector Stake US$ mn

Powerhouse Ventures, M&S Partners and angel GemSwipe Ltd- Joolz Startup N.A. 0.50 investors

Undisclosed investors Cuberoot Technologies Pvt. Ltd- cuberoot.co. Startup N.A. 0.50

Angel Investors Dreamatic Innovations Pvt. Ltd- Uber Dreams Startup N.A. 0.50

Kstart GuaRented Rentals Pvt. Ltd Startup N.A. 0.5

Eros Ventures InfraDigital Technologies Pvt. Ltd- AlternaCare Startup N.A. 0.50

Redcliffe Capital, Arkas Industries, Udaan Angels Deyor Adventures Pvt. Ltd- Deyor Camps Startup N.A. 0.50 and Angel investors

India Quotient Urja Money Private Limited- CreditMate Startup N.A. 0.50

Indus Ventures Vuzeela Group- Tabverts Startup N.A. 0.50

SAIF Partners InstaLively LiveStreaming Private Limited- Pulse Startup N.A. 0.50

TVS group and angel investors Carcrew Technologies Pvt Ltd Startup N.A. 0.50

Angel investors VivoCarat Retail Pvt Ltd Startup N.A. 0.50

Angel investors Blue Book Bangalore Pvt Ltd Startup N.A. 0.50

3one4 Capital, Mumbai Angels, Aarin Capital, Axilly Labs Pvt. Ltd- DoSelect Startup N.A. 0.48 Singapore Angel Network and angel investors

ah! Ventures and angel investors Get Driven Technologies Pvt Ltd- DriversKart Startup N.A. 0.45 82 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Rajasthan Angel Investor Network and angel Toko Innovations Studios Pvt. Ltd- Imaginry Startup N.A. 0.45 investors

Indian Angel Network Baroda Taxi Cabs Pvt. Ltd- OneWay.Cab Startup N.A. 0.45

Angel investors Munchery Hospitality LLP- Poshtick Startup N.A. 0.45

Angel investors SillyMonks Entertainment Pvt Ltd Startup N.A. 0.45

Indian Angel Network Urban Stay Technologies Pvt. Ltd- Square Plums Startup N.A. 0.45

Angel investors Urdoorstep Eretail Pvt Ltd Startup N.A. 0.45

Angel investors Techbins Solutions Pvt Ltd- Niki.ai Startup N.A. 0.44

Angel investors WealthApp Financial Advisors Pvt. Ltd. Startup N.A. 0.44

Angel Investors CollegeDunia Web Pvt Ltd-collegedunia.com Startup N.A. 0.44

Rebright Partners Flixy Games Pvt Ltd Startup N.A. 0.43

Purvi Ventures, Mumbai Angels and Angel Investors Advantage club pvt ltd Startup N.A. 0.40

Angel investors Ease Technologies India Pvt - Appilyever Startup N.A. 0.40

Angel investors AS JustRide Tours and Travels Pvt Ltd- JustRide Startup N.A. 0.40

Angel investors Touchkin eServices Pvt. Ltd Startup N.A. 0.40

Bitkemy Ventures Celerix Technologies Startup N.A. 0.40 Dealtracker 2016 | PRIVATE EQUITY 83

Investor Investee Sector Stake US$ mn

Rainmatter Technologies Digiotech Solutions Pvt. Ltd Startup N.A. 0.40

Angel investors Blueleaf Software Technologies Pvt. Ltd - Weballigator Startup N.A. 0.38

Swan Angel Network AVPS Transort Pvt. Ltd- MaalGaadi Startup N.A. 0.38

Angel investors White Shadow Technology Pvt Ltd- Truce Startup N.A. 0.37

Pix Vine Capital and Infocomm Investments Pte Ltd Icredizen Financial Technologies Pvt. Ltd- CreditSeva Startup N.A. 0.36

KWAN Entertainment & Marketing Solutions Pvt Advergame Technologies Pvt. Ltd- Gamezop Startup N.A. 0.35 Ltd, Powerhouse Ventures, TracxnLabs, AECAL and angel investors

Bitkemy Ventures, Maheshwari Investment and eKincare -Aayuv Technologies Pvt. Ltd Startup N.A. 0.33 angel investors

Angel investors RNVP Technology Private Limited- i2i funding Startup N.A. 0.30

Oranda Global and angel investors Projekt Perfumery Startup N.A. 0.30

Angel investors RentSher Online Rentals Pvt Ltd Startup N.A. 0.30

Angel investors Careongo Technology Pvt Ltd Startup N.A. 0.30

Undisclosed investor Sharvian Art Fashion Pvt Ltd- Rang Rage Startup N.A. 0.30

Angel investors AddoDoc Technologies Pvt Ltd- Babygogo Startup N.A. 0.30

Angel investors Gaia Smart Cities Startup N.A. 0.30

Hyderabad Angels Realbox Data Analytics Pvt. Ltd Startup N.A. 0.30 84 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors YuMiGo Webservices Private Limited Startup N.A. 0.30

Angel investors Nimap Infotech Pvt. Ltd- ChatOnGo Startup N.A. 0.30

Angel investors Cherrytin Online Private Limited- Wedding Wish List Startup N.A. 0.30

Angel investors Glam Online Pvt. Ltd- GlamStudios Startup N.A. 0.30

Lothal Ventures Equickes Startup N.A. 0.30

Angel investors Khanal Foods Pvt. Ltd- Dogsee Chew Startup N.A. 0.30

Angel investors iTechFlock Software Pvt Ltd- Hello Tax Startup N.A. 0.29

Angel investors Locanix Startup N.A. 0.29

Chennai Angels Agile Parking Solutions- Get My Parking Startup N.A. 0.28

Venture Catalysts and angel investors Confirm Ticket Online Solutions Pvt Ltd- ConfirmTKT Startup N.A. 0.25

Equity Crest, Vinners and Sparknext and angel Ideas Unplugged Technologies Pvt Ltd- Happy2Refer Startup N.A. 0.25 investors

Unicorn India Ventures Vecto Technologies Pvt Ltd- Roder Startup N.A. 0.25

Unicorn Ventures and angel investors Vanity Cube Pvt Ltd Startup N.A. 0.25

Angel investors Tripbaaz technologies Pvt Ltd - WithMe Startup N.A. 0.25

Angel investors Buildwealth Technologies Pvt Ltd- Wealthy.in Startup N.A. 0.25 Dealtracker 2016 | PRIVATE EQUITY 85

Investor Investee Sector Stake US$ mn

Angel investors Hippily Technology Pvt. Ltd Startup N.A. 0.25

Angel investors Zwayam Digital Pvt. Ltd Startup N.A. 0.25

GEMS Group TripShelf Technologies Pvt Ltd Startup N.A. 0.25

Zaffiro Ventures and angel investor Reconnext Labs Pvt. Ltd- Don't scratch your head Startup N.A. 0.25

Green House Ventures Applop Mobile Solutions Pvt Ltd Startup N.A. 0.25

Angel investors Bhrmaa Software Solutions Pvt. Ltd- Repaireasy Startup N.A. 0.25

Angel Investors Makkajai Edu Tech Pvt. Ltd Startup N.A. 0.25

Venture Catalysts Targetone Innovations Pvt. Ltd- GoMechanic.in Startup N.A. 0.25

Unicorn India Ventures NeuroEquilibrium Diagnostics Systems Pvt. Ltd Startup N.A. 0.25

Pi Ventures and angel investors Ten3t Healthcare Private Limited Startup N.A. 0.24

Promatus Group VST Travel Solutions Pvt. Ltd Startup N.A. 0.24

GEMS Advisory and Quarizon TripShelf Technologies Pvt Ltd Startup N.A. 0.24

Swastika Company Ltd Invexgo Solutions Pvt Ltd- Qlivery Startup N.A. 0.23

White Unicorn Ventures Naturenama Pvt Ltd Startup N.A. 0.23

DSG Consumer Partners Tazzo Technologies PVT LTD Startup N.A. 0.23

TermSheet.io and angel investors Pink Blue Supply Solutions Pvt. Ltd Startup N.A. 0.22 86 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Aarin Capital and angel investors Campus Diaries Media and Communications Pvt. Ltd, Startup N.A. 0.22

Purvi Ventures, Exponentially I Mobility LLP and Uolo Technology Pvt. Ltd Startup N.A. 0.21 Artieca Family Trust and angel investors

Earlsfield Capital and angel investors Global edu4share Pvt Ltd- Prozo.com Startup 7% 0.21

Angel investors Genext Students Pvt. Ltd Startup N.A. 0.21

Angel investors Jogo Technologies Pvt Ltd- Fitso Startup N.A. 0.20

Kanpur Angels and angel investors Trident Analytical Solutions Pvt Ltd- Shabdanagari Startup N.A. 0.20

Lion Ventures and angel investors Wiseworks Technology Pvt Ltd- Capzest Startup N.A. 0.20

Angel investors F. E. Food Tech Pvt Ltd- First Eat Startup N.A. 0.20

Angel investors Pramati Healthcare Pvt Ltd Startup N.A. 0.20

Angel investors Urbane Media Enterprise Pvt. Ltd- Living Local Startup N.A. 0.20

50K Ventures and angel investor Smart Commut Technologies Pvt. Ltd- Commut Startup N.A. 0.20

Venture Catalysts Urbtranz Technologies Pvt. Ltd-Vahanalytics Startup N.A. 0.20

Indian Angel Network Protinus Fashion Networking Pvt Ltd - 6degree Startup N.A. 0.20

BlackJag partners VizExec Transformation Pvt. Ltd- MySeniorDoctor Startup N.A. 0.20

Angel investors Tangramme Furnishing Solutions Pvt Ltd- Stitchwood. Startup N.A. 0.20 com Dealtracker 2016 | PRIVATE EQUITY 87

Investor Investee Sector Stake US$ mn

Angel investors Sellmouse E-Marketing Pvt Ltd- Neuron Startup N.A. 0.20

Angel investors Medinfi Healthcare Pvt. Limited Startup N.A. 0.20

Angel investors MyAashiana Management Services Pvt. Ltd - Zipgrid Startup N.A. 0.20

Outbox Ventures and angel investors Aurora Borealis Technologies Pvt. Ltd.- Octo.ai Startup N.A. 0.2

Idein Ventures Build Traders Startup N.A. 0.20

Angel investor Inventive Business Promotions Pvt Ltd - World Art Startup N.A. 0.20 Community

Green House Ventures and angel investor PML Solutions Pvt Ltd- Pick My Laundry Startup N.A. 0.20

Angel investors Rupaiya Exchange Startup N.A. 0.20

Angel investors inFeedo Startup N.A. 0.20

TermSheet.io and ah! Ventures and angel investors Aisle Network Pvt Ltd Startup N.A. 0.18

Angel investors Gapoon Online Consumer Services Pvt. Ltd Startup N.A. 0.18

Shruth & Smith Group and Hermes Group Jobbie Services India Pvt. Ltd - Zuver Startup N.A. 0.18

Now Capital Promonin Media Services Pvt. Ltd Startup N.A. 0.18

Angel investors Vijaikirti Technologies Pvt Ltd- Machadalo Startup N.A. 0.18

Chennai Angels E-Vegetailing Pvt Ltd Startup N.A. 0.16 88 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Idein Ventures Infurnia Furnishings Pvt Ltd Startup N.A. 0.16

Idein Ventures Qriyo Infolabs Pvt Ltd Startup N.A. 0.16

Angel investors RedGenie Technologies Pvt Ltd- Syfix Startup N.A. 0.16

Angel investor 360Cabs Software Services Pvt Ltd -360ride Startup N.A. 0.15

Venture Catalysts and angel investors SIFTR Lab Startup N.A. 0.15

Swastika Company Ltd Jetstartus Technology Pvt Ltd- Pocketin Startup N.A. 0.15

Angel investors Proximit Media India Pvt Ltd Startup N.A. 0.15

IDG, Indian Angel Network and Angel Investors Little Black Book Delhi Startup N.A. 0.15

Maple Capital Advisors 99 Algorithms Pvt. Ltd, MaxWholesale Startup N.A. 0.15

Venture Catalysts Custmore Interactive Solutions Pvt. Ltd - Appsay Startup N.A. 0.15

Angel investors FloCareer Startup N.A. 0.15

Newbie Promoter Private Limited 3Dexter Startup N.A. 0.15

Lead Angels Network and Lets Venture Qacco Hospitality Pvt. Ltd Startup N.A. 0.15

Swan Angel Network Onspon Services Pvt. Ltd Startup N.A. 0.15

Intellecap Impact Investment Network and angel Inclov Technologies Pvt. Ltd Startup N.A. 0.15 investors Dealtracker 2016 | PRIVATE EQUITY 89

Investor Investee Sector Stake US$ mn

Angel investors Cureinstant Technologies Pvt Ltd Startup N.A. 0.15

Angel Investors Corseco Technologies Pvt. Ltd Startup 8% 0.15

Angel Investors HMFY Domestic Services Pvt Ltd- Laundry Anna Startup N.A. 0.15

Rajasthan Angel Investor Network and angel iAugmentor Labs Pvt. Ltd Startup N.A. 0.15 investors

IvyCap Ventures Nomisma Mobile Solutions Pvt Ltd- Ftcash Startup N.A. 0.15

Angel investors Indofash Ethnic Pvt ltd Startup N.A. 0.15

Angel Investors NitroLabs Technology (P) Ltd- Awesummly Startup N.A. 0.15

Angel Investors Nodd Ventures Pvt. Ltd. Startup N.A. 0.15

Angel investors Freedom Smart Labs Ltd Startup N.A. 0.15

Angel investors ThingsMeet Solutions Pvt. Ltd- Priscribez Startup N.A. 0.15

Angel investors WakoW App LLP Startup N.A. 0.14

Angel investors RP2 Ventures Pvt. Ltd- Lemon Leaf Startup N.A. 0.13

Angel investors ActOnMagic Technologies Pvt Ltd Startup N.A. 0.12

Angel investors Labsense Technology Services- Tiyo Startup N.A. 0.12

Angel investors Graviky Labs Pvt. Ltd. Startup 8% 0.12 90 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors LTN Technology Pvt. Ltd- Liftiee Startup N.A. 0.11

Angel investors DayBox Technologies Pvt. Ltd Startup N.A. 0.10

500 Startups, Singapore Angel Network and angel Time Ahead Inc- My child app Startup N.A. 0.10 investors

Newbie Promoter Private Limited EduCommerce Technologies Pvt Ltd- Myly Startup N.A. 0.10

Angel investors Rentomo Technologies Pvt Startup N.A. 0.10

Green House Ventures Uninext Solutions Pvt Ltd- IStyleYou Startup N.A. 0.10

Green House Ventures Adcount Technologies Pvt Ltd- AdUrCup Startup N.A. 0.10

Green House Ventures Pindrop Music App Pvt Ltd Startup N.A. 0.10

Angel investors Zappka Tech Pvt Ltd Startup N.A. 0.10

Angel investors Medidaili Technologies Pvt Ltd Startup N.A. 0.10

Katabole Technology Venture DoctorsCabin Health Technologies Pvt. Ltd - Startup N.A. 0.10 PurpleHealth

Angel Investors Notesgen Technologies Pvt Ltd Startup N.A. 0.1

Angel investors News Distill Pvt Ltd Startup N.A. 0.10

HAX Ray IoT Solutions Pvt. Ltd Startup N.A. 0.10

Undisclosed Investor Cloudnine Technologies Pvt. Ltd.- Kloseby Startup N.A. 0.10 Dealtracker 2016 | PRIVATE EQUITY 91

Investor Investee Sector Stake US$ mn

Kalaari Capital Volta Motors Private Limited Startup N.A. 0.10

Kalaari Capital Cyclops MedTech Pvt. Ltd Startup N.A. 0.10

Kalaari Capital Velmenni Startup N.A. 0.10

Digital Financial Services Lab Serv'd Tech Pvt. Ltd Startup N.A. 0.10

Angel Investors Bats on Delivery Hospitality Private Limited Startup N.A. 0.09

Angel investors Zebroads Startup N.A. 0.08

Angel investors Fruges Ventures Pvt. Ltd- GoGo Truck Startup N.A. 0.07

Angel investors MD Technovation Pvt Ltd- Healthkumbh Startup N.A. 0.07

Angel investors Funcart Startup N.A. 0.07

Angel investors DL Lifecare Pvt Ltd- Dawailelo Startup N.A. 0.05

Angel investors GoYaNo Pvt Ltd Startup N.A. 0.05

Angel investors DR Mobility Solutions Pvt. Ltd- Drivify Startup N.A. 0.05

Angel Investors Medhealix Healthtech Pvt. Ltd- Medzin Startup N.A. 0.05

Angel investors 9 Networks Technology and Consulting Pvt. Ltd- Startup N.A. 0.04 iMedilane.com

Angel investors Intensaquatica Total Private Limited Startup N.A. 0.04 92 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Free Hit Technologies Pvt Ltd- GoSporto Startup N.A. 0.03

Undisclosed investor Newspatrolling Startup N.A. 0.03

GIC, Tiger Global and Nexus Venture Partners. Clues Network Pvt Ltd-ShopClues Startup N.A. N.A.

Angel investor, Accel Partners, Kalaari Capital and BEBB India Pvt Ltd - Power2SME Startup N.A. N.A. Inventus Capital

Lightspeed Venture Partners and angel investors GetVee Technologies Pvt Ltd Startup N.A. N.A.

Angel investors Blue Box Media Pvt Ltd Startup N.A. N.A.

Brand Capital Medhavi Professionals Services Pvt. Ltd- iDreamCareer. Startup N.A. N.A. com

Angel investors Asian Teaxpress Pte Ltd-teabox.com Startup N.A. N.A.

Angel investor Instant Procurement Service Pvt Ltd- ProcMart Startup N.A. N.A.

Centre for Innovation Incubation and WIMWI Foods Pvt Ltd Startup N.A. N.A. Entrepreneurship and angel investors

Angel investors Qdesq Realtech Pvt Ltd Startup N.A. N.A.

Angel investors Tracxn Technologies Pvt Ltd- Tracxn.com Startup N.A. N.A.

Angel investors Chatpay Commerce Pvt Ltd- PitStop Startup N.A. N.A.

Angel investor Madhatters Voyage Pvt Ltd- Bikxie Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 93

Investor Investee Sector Stake US$ mn

Angel investors Hike Ltd Startup N.A. N.A.

50k Venturesa and angel investors Cruxio Labs Pvt Ltd- Bucker Startup N.A. N.A.

Angel investors Aincubate Innovations Pvt Ltd- Snapshopr Startup N.A. N.A.

RoundGlass Partners Manna Healthcare Pvt Ltd-ObiNo Startup N.A. N.A.

Angel investors Tent Fashions Pvt Ltd- Fashionablyin Startup N.A. N.A.

TracxnLabs, 500 Startups, Angel investors and Wishup Technology Pvt. Ltd Startup N.A. N.A. Mato Peric

Brand Capital Zoctr Health Pvt. Ltd. Startup N.A. N.A.

Angel investors Talentiser Labs Pvt Ltd- Jobick Startup N.A. N.A.

Hyderabad Angels and angel investors Evibe Technologies Pvt Ltd- Evibe.in Startup N.A. N.A.

Angel investor Pouring Pounds India Pvt. Ltd- Cashkaro Startup N.A. N.A.

Flipkart WeHive Technologies Pvt Ltd- TinyStep Startup N.A. N.A.

GIC Little Internet Pvt Ltd -Little Startup N.A. N.A.

Chandigarh Angels Network Invexgo Solutions Pvt Ltd- Qlivery Startup N.A. N.A.

Angel Investors Plexus Professionals Network Pvt Ltd- PlexusMD Startup N.A. N.A.

500 Startups Commeasure Solutions India Pvt. Ltd- RedDoorz Startup N.A. N.A. 94 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Nixel Technology Pvt Ltd and angel investors Weblevered Technology Pvt Ltd- WhatsOnRent Startup N.A. N.A.

Foxconn Technology Group and angel investors WiZN Systems Pvt Ltd Startup N.A. N.A.

Angel Investors HuddleTech Services Pvt Ltd- BitGiving Startup N.A. N.A.

Indian Angel Network DesignBids Technologies Pvt. Ltd Startup N.A. N.A.

Maple Capital Advisors TapTap Meals Pvt Ltd- N.O.W Startup N.A. N.A.

Angel investors LocalCircles India Pvt Ltd Startup N.A. N.A.

GPA group GPA Commerce Private Limited- Skycandle Startup N.A. N.A.

Purvi Ventures and angel investors Gajty Salons and Spa Startup N.A. N.A.

Lead Angel Vicinia Retail Pvt. Ltd- Tinmen Startup N.A. N.A.

50K Ventures CodingLabs Startup N.A. N.A.

Snow Leopard Ventures and Bold ventures Muhavra Enterprises Pvt Ltd- Blue Tokai Coffee Startup N.A. N.A. Roasters

Angel investors NDTV's- Smartcooky Internet Ltd Startup N.A. N.A.

Angel investors American Vision Pvt Ltd Startup N.A. N.A.

Nexus Venture Partners, Blume Ventures Invictus Insurance Broking Pvt Ltd- Turtlemint Startup N.A. N.A.

Angel investors BHIVE Workspace Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 95

Investor Investee Sector Stake US$ mn

Angel investors LiveNutriFit HeathTech Pvt Ltd Startup N.A. N.A.

Angel investors Mogli Labs (India) Pvt. Ltd- Moglix Startup N.A. N.A.

Sixth Sense Ventures L Fast Brands Pvt Ltd - Weddingz.in Startup N.A. N.A.

Angel investors Urban Dhobi Services Pvt Ltd Startup N.A. N.A.

Aarin Capital and angel investors Funfinity Learning Solutions Pvt. Ltd- Magic Crate Startup N.A. N.A.

Endiya Partners, Tracxn Labs and angel investors Hansel Software Pvt Ltd- Hansel.io Startup N.A. N.A.

Angel investors Gray Routes Technology Pvt Ltd Startup N.A. N.A.

Angel investors Soulmo Solutions Pvt. Ltd- stylofie.com Startup N.A. N.A.

Unicorn India ventures, Aarin Capital and angel Ideope Media Pvt. Ltd- Inc42.com Startup N.A. N.A. investors

Edelweiss Financial Services Pvt Ltd GOQii Technologies Pvt Ltd Startup N.A. N.A.

Angel investors Shop Kirana E Trading Pvt Ltd Startup N.A. N.A.

Angel investors Glam Online Pvt. Ltd- GlamStudios Startup N.A. N.A.

Angel investors SoCoMo Technologies Pvt Ltd- Jugnoo Startup N.A. N.A.

Angel investors Salebhai Internet Pvt Ltd Startup N.A. N.A.

Angel investors Mainfolde Technologies Pvt Ltd- Tring Startup N.A. N.A. 96 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Medinfi Healthcare Pvt. Limited Startup N.A. N.A.

Lead Angels Timemytask Services Pvt Ltd Startup N.A. N.A.

Angel investors Tracxn Technologies Pvt Ltd- Tracxn.com Startup N.A. N.A.

Angel investors Docket Tech Solutions Pvt Ltd- Notary Mama Startup N.A. N.A.

Angel investors LoanZen Pvt Ltd Startup N.A. N.A.

Indian Angel Network Styledotme Fashion and Lifestyle Pvt Ltd Startup N.A. N.A.

Angel investors FeetApart Wellness Pvt Ltd Startup N.A. N.A.

Angel investors Unlaze Startup N.A. N.A.

Zaikenn Management Services Oyeplay Sports Pvt. Ltd Startup N.A. N.A.

Angel investor Nestaway Technologies Pvt Ltd- nestaway Startup N.A. N.A.

Unnamed investors Feet2Acres Property Consultants Pvt Ltd- Pin Click Startup N.A. N.A.

TracxnLabs and angel investors Tauro Investment Advisory Pvt. Ltd Startup N.A. N.A.

RoundGlass Partners Gympik - Gympik Health Solutions Pvt. Ltd. Startup N.A. N.A.

Angel investor Share Infotech Pvt Ltd-testbook.com Startup N.A. N.A.

Kludein Llc and angel investors Skedool.it Inc Startup N.A. N.A.

Angel investor Vertuals Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 97

Investor Investee Sector Stake US$ mn

Angel investors Apeirogon Technologies Pvt- CivilsDaily Startup N.A. N.A.

Angel investors Tarusa World Startup N.A. N.A.

Angel investors Wooplr Technologies Pvt. Ltd Startup N.A. N.A.

Angel investors WeHive Technologies Pvt Ltd- TinyStep Startup N.A. N.A.

Angel investors Cookaroo Food Networks Pvt. Ltd Startup N.A. N.A.

Matrix Partners and angel investors 8Finatics Pvt Ltd- Finomena Startup N.A. N.A.

Venture Catalysts, Ryerson Futures and angel vPhrase Analytics Solutions Pvt. Ltd Startup N.A. N.A. investor

Angel investors Placard Digital Solutions Pvt Ltd - StylFlip Startup N.A. N.A.

Angel investors TECHRECO Solutions Pvt Ltd- Jolly Food Fellow Startup N.A. N.A.

Angel investors eSwasthya Mediserve Pvt. Ltd Startup N.A. N.A.

Angel investors Pay Technologies India Pvt. Ltd- Cloudacar Startup N.A. N.A.

Beenext Eloquent Info Solutions Pvt Ltd- WorkIndia Startup N.A. N.A.

Unitus Seed Fund Ganymede Technologies Pvt Ltd- OneClickWash Startup N.A. N.A.

Angel investors Hash Education Pvt. Ltd- Hashlearn Startup N.A. N.A.

Caffeine Ventures and angel investor HealthEminds Pvt. Ltd Startup N.A. N.A. 98 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Softbank Ventures Korea Balance Hero Co Ltd- True Balance Startup N.A. N.A.

Angel investors Addazz Online Services (P) Ltd- Picsdream Startup N.A. N.A.

Angel investors Housing.com - Locon Solutions Private Limited Startup N.A. N.A.

Angel investors Cult Fitness Pvt Ltd Startup N.A. N.A.

Times Internet Haptik Inc. Startup N.A. N.A.

Blume Ventures, Barkawi Holdings GmbH and TM Service Lee Technologies Pvt Ltd- Servify Startup N.A. N.A. Service Technology Holdings GmbH

Venture Catalysts Innofin Solutions Pvt Ltd- LenDen Club Startup N.A. N.A.

StartUp Equity Partners Wedwise Consultants Pvt Ltd Startup N.A. N.A.

Angel investors Organic Shop Pvt. Ltd- Organicshop.in Startup N.A. N.A.

Angel investors Mind Your Fleet Startup N.A. N.A.

Angel investors RKT Lifestyle Pvt Ltd- Yufta Startup N.A. N.A.

Angel investors Surfboats Solutions Pvt Ltd- Smytten Startup N.A. N.A.

Angel investors Houssup Services Pvt Ltd Startup N.A. N.A.

Angel investors Tork Motors Pvt. Ltd Startup N.A. N.A.

Angel investors Roppen Transportation Services Pvt Ltd - Rapido Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 99

Investor Investee Sector Stake US$ mn

YourNest Angel Fund and angel investor Innotarget Fashalot Retails Pvt. Ltd- Fashalot Startup N.A. N.A.

Blume Ventures and angel investors MPaani Solutions Pvt. Ltd- m.Paani Startup N.A. N.A.

Angel investors Oyofit Services Pvt. Ltd Startup N.A. N.A.

Blume Ventures Volare Technologies Pvt. Ltd- InTouchApp Startup N.A. N.A.

Helion Ventures, Omidyar Networks, Blume Stelling Technologies Private Limited-RailYatri Startup N.A. N.A. Ventures and angel investor

Singapore Angel Network, Konglo Ventures and Careongo Technology Pvt Ltd Startup N.A. N.A. angel investors

Angel investors Highway delite Startup N.A. N.A.

Angel investors Broomberg Cleaning Services Pvt Ltd Startup N.A. N.A.

Angel investors Motomojo Technologies Pvt. Ltd Startup N.A. N.A.

Angel investors Boiban Business Pvt Ltd-Zapdel Startup N.A. N.A.

Nirvana Venture Advisors, IDG Ventures India, Unbxd Software Pvt Ltd Startup N.A. N.A. Inventus Capital Partners and Indian Angel Network

Angel investors Seedlogix Resources India Private Limited- Dream Startup N.A. N.A. wallets

Angel investors Trident Analytical Solutions Pvt Ltd- Shabdanagari Startup N.A. N.A.

Angel investors Winwincab Rides Pvt. Ltd- Derbii Startup N.A. N.A. 100 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

AB Kinnevik Group, Rocket Internet and angel Home Craft Online Private Limited- Bedbathmore.com Startup N.A. N.A. investors

Angel investors Panoptic Solutions Pvt. Ltd.- Blinge Startup N.A. N.A.

YourNest Angel Fund and angel investor Bottle Lab Technologies Pvt. Ltd- SmartQ Startup N.A. N.A.

Angel investors Discovery Info Labs Pvt. Ltd - Parentlane Startup N.A. N.A.

Unilazer Ventures and Angel investors Techbins Solutions Pvt Ltd- Niki.ai Startup N.A. N.A.

MCube Capital Advisors Pvt Ltd Fitmeal Solutions Pvt. Ltd- Eatonomist Startup N.A. N.A.

Angel investors SLX Logistics Pvt. Ltd- Pianta Startup N.A. N.A.

Angel investors Supruk Fitness and Tech Pvt. Ltd. - PlayYourSport Startup N.A. N.A.

Angel investors Positron Internet Pvt. Ltd- Chikpoo Startup N.A. N.A.

HBM Healthcare Investments AG 1mg Technologies Pvt. Ltd Startup N.A. N.A.

Edelweiss Private Equity BRIDGEi2i Analytics Solutions Pvt Ltd Startup N.A. N.A.

Beenext, Digital Garage, Lightbox Ventures, Droom Technology Pvt. Ltd- Droom.in Startup N.A. N.A. Beenos and angel investors

Angel investors Orane Healthcare India Pvt. Ltd- iCliniq Startup N.A. N.A.

Angel investors Commercio Connectivity Pvt. Ltd- Cookifi Startup N.A. N.A.

SRKK Advisors Prachalit Infomedia Pvt Ltd- Shopwati Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 101

Investor Investee Sector Stake US$ mn

Angel investors ExtraaEdge technology solutions Pvt. Ltd Startup N.A. N.A.

ah! Ventures and angel investors Kickstart Human Capital Solution Private Limited Startup N.A. N.A.

MCube8 Camions Logistics Solutions Pvt. Ltd - GoBolt Startup N.A. N.A.

Angel investors Think Sustainable Lab Pvt Ltd - Thinkphi Startup N.A. N.A.

Angel investors O Tree Solutions Pvt Ltd- Athletto Startup N.A. N.A.

Angel investors Dipper Technologies Pvt. Ltd Startup N.A. N.A.

Angel investors Wired Hub Co-Working Spaces Pvt. Ltd Startup N.A. N.A.

50K Ventures GBS Travel and FoodTech Pvt. Ltd.-KhanaGadi Startup N.A. N.A.

Venture Catalysts Coutloot Fashion LLP Startup N.A. N.A.

IvyCap Ventures, Unicorn India Ventures GrabOnRent Internet Pvt. Ltd Startup N.A. N.A.

Angel investors Bookyourgym Fitness Pvt. Ltd-BYG (BookYourGame) Startup N.A. N.A.

Indian Angel Network Staqu Technologies Pvt. Ltd Startup N.A. N.A.

Angel investors Gladiris Technologies Pvt. Ltd- SpiderG Startup N.A. N.A.

Unitus Seed Fund and angel investor Vestido E-Tailoring Services Pvt Ltd- Urban Tailor Startup N.A. N.A.

Angel investors H.E.A.L. Institute Pvt Ltd Startup N.A. N.A.

Brand Capital and angel investor Magneto Home Pvt Ltd- Cityfurnish Startup N.A. N.A. 102 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors TechBoulder Technology Solutions Pvt. Ltd- Blogbeats Startup N.A. N.A.

Endiya Partners, Startupxseed Ventures, 3one4 Darwinbox Digital Solutions Pvt. Ltd Startup N.A. N.A. capital, investment vehicle capital and Tracxn Labs

Omidyar Network, Accel Partners and angel Scripbox.Com India Pvt Ltd- ScripBox Startup N.A. N.A. investors

India Quotient Evolusolve Technologies Pvt Ltd- Wealth Trust Startup N.A. N.A.

Stanford Angels and Entrepreneurs, Harvard Senbonzakura Consultancy Pvt. Ltd- GyanDhan Startup N.A. N.A. Angels and angel investor

Angel investors Utoo Cabs Ltd Startup N.A. N.A.

Mumbai Angels and Times Internet MintM Loyalty Services Pvt. Ltd Startup N.A. N.A.

Angel investors HiGrit Services Pvt. Ltd Startup N.A. N.A.

Indian Angel Network Find My Stay Pvt Ltd Startup N.A. N.A.

Angel investors S.B. WebTech Pvt Ltd - Baggout Startup N.A. N.A.

Swastika Company Ltd Quarto India Internet Pvt. Ltd- Aberuk Startup N.A. N.A.

Angel investors Satvacart Retail LLP Startup N.A. N.A.

Angel investors iServe Financial Pvt. Ltd Startup N.A. N.A.

EVC Ventures Dealmonk E-services Pvt. Ltd- Bigdeal Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 103

Investor Investee Sector Stake US$ mn

Swastika Company Ltd SimplyMoveIn Technologies Pvt. Ltd Startup N.A. N.A.

Angel investors Qdesq Realtech Pvt Ltd Startup N.A. N.A.

Angel investors Lucideus Tech Pvt. Ltd Startup N.A. N.A.

Angel investors 10i Commerce Services Pvt. Ltd Startup N.A. N.A.

Angel investors ImageProVision Technology Pvt Ltd Startup N.A. N.A.

Angel investor Uninext Solutions Pvt Ltd- IStyleYou Startup N.A. N.A.

Swastika Company Ltd and angel investors HelloDhobi Dry-Cleaners Pvt. Ltd. Startup N.A. N.A.

Angel investors Daily Ninja Delivery Services Pvt Ltd- Daily Ninja Startup N.A. N.A.

Inventus Capital Partners, Blume Ventures and Tricog Health Services Pvt Ltd Startup N.A. N.A. angel investors

Geniee Inc, Purvi Capital and angel investors Adpushup software Indian Private Limited Startup N.A. N.A.

Centre for Innovation, Incubation and Doux Dentistry Private Limited Startup N.A. N.A. Entrepreneurship

Centre for Innovation, Incubation and Zeolr Technologies Pvt. Ltd Startup N.A. N.A. Entrepreneurship

Mediahack, North Base Media, Buzzee Technologies Pvt. Ltd- Funcastic Startup N.A. N.A.

Swan Angel Network Zootout Advertising Pvt. Ltd - ZiPi Startup N.A. N.A. 104 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Khattar Holdings, ThirtyThree Investments and 91springboard Startup N.A. N.A. angel investors

Indian Angel Network Rednile Innovations Pvt Ltd- Pikkol Startup N.A. N.A.

VH Capital and angel investors Fashnear Technologies Pvt. Ltd- Meesho Startup N.A. N.A.

Angel Investors Gradopedia Education Pvt. Ltd Startup N.A. N.A.

Angel Investors Kitchnza Foods and Hospitality Pvt. Ltd- Zzungry Startup N.A. N.A.

Angel Investors NearU Mobile Pvt Ltd Startup N.A. N.A.

Angel Investors EnCashea Technologies Pvt. Ltd Startup N.A. N.A.

Angel Investors Boatman Tech Pvt. Ltd- Shaadisaga Startup N.A. N.A.

Fireside Ventures, Investopad and angel investor Witworks Consumer Technologies Pvt. Ltd Startup N.A. N.A.

Globevestor Angel Fund and Angel Investors Zip Infosolutions Pvt. Ltd- Nearfox Startup N.A. N.A.

Angel Investors Postergully Startup 100% N.A.

Scale Ventures Pvt Ltd EngineerBabu IT Services Pvt. Ltd Startup N.A. N.A.

Angel investors GoldVIP Technology Solutions Pvt Ltd - CrownIT Startup N.A. N.A.

Artha Venture Challenge, Menterra Social Impact Krishi Direct Trade Pvt. Ltd Startup N.A. N.A. Fund, Upaya Social Ventures, 1to4 Foundation and angel investor Dealtracker 2016 | PRIVATE EQUITY 105

Investor Investee Sector Stake US$ mn

Angel investors Renowala Online Pvt Ltd Startup 6% N.A.

Sequoia Capital, Exfinity Venture Partners LLP and Mad Street Den Systems Pvt Ltd Startup N.A. N.A. GrowX Venture Management Pvt. Ltd.

Angel investors Lucideus Tech Pvt. Ltd Startup N.A. N.A.

Angel investors NoBroker Technologies Solutions Pvt Ltd Startup N.A. N.A.

Grasshoppers Zybo Tracking Solutions Pvt. Ltd Startup N.A. N.A.

Angel investors Social Quotient Pvt Ltd Startup N.A. N.A.

Angel investors Ad Victoriam Ventures Pvt Ltd- StalkBuyLove Startup N.A. N.A.

Indian Angel Network Bizcrum Infotech Pvt. Ltd- ShoeKonnect Startup N.A. N.A.

Angel investors Idea Chakki Pvt. Ltd Startup N.A. N.A.

Angel investors Findow Marketing LLP Startup N.A. N.A.

Calcutta Angels Network Zeroinfy Learning Services Pvt. Ltd Startup 10% N.A.

Angel investors Freshboxx Ventures Startup N.A. N.A.

The India Network MagicSpace Startup 100% N.A.

Angel investors inFeedo Startup N.A. N.A.

Angel investors KarmaCircles Startup N.A. N.A. 106 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Angel investors Infinite Rewards Pvt Ltd- CodeMojo Startup N.A. N.A.

Accel Partners, Beenos, Powerhouse Ventures, Daily Rounds Inc Startup N.A. N.A. and Aksua Holdings

Capier Investments Discovery Info Labs Pvt. Ltd - Parentlane Startup N.A. N.A.

Scale Ventures Let's Barter India Startup N.A. N.A.

Angel investor Demyto Startup 20% N.A.

American Express Ventures and Sequoia Capital Coraza Technologies Pvt. Ltd - Helpchat and OneDirect Startup N.A. N.A.

BeeNext, Tracxn Labs and angel investors White Shadow Technology Pvt. Ltd- Bharat Bazaar Startup N.A. N.A.

Angel investor GOQii Technologies Pvt Ltd Startup N.A. N.A.

White Unicorn Ventures, Kae Capital, and Mumbai Fittr Technologies Pvt. Ltd- Azuro Startup N.A. N.A. Angels.

Sumpoorna Group IDO Sport Pvt. Ltd- Sportido Startup N.A. N.A.

3One4 Capital, Micromax and angel investors Wishpoint Tech Pvt Ltd- Scandid Startup N.A. N.A.

RoundGlass Partners Infomoko Technology Pvt. Ltd- Babychakra Startup N.A. N.A.

GrowX Ventures Blue Jay Finlease Limited- Ziploan Startup N.A. N.A.

Angel investors Kidsstoppress Media Pvt Ltd Startup N.A. N.A.

Angel investor Guerrilla Infra Solutions Pvt.LTD- Innov8 Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 107

Investor Investee Sector Stake US$ mn

Angel investors Rooter Sports Technologies Private Limited Startup N.A. N.A.

Angel investors Studio Coppre Pvt Ltd Startup N.A. N.A.

Hyderabad Angels and Tlabs Kahan Technologies Pvt Ltd- Epaatsala Startup N.A. N.A.

Helion Ventures, Omidyar Networks, Blume Stelling Technologies Private Limited-RailYatri Startup N.A. N.A. Ventures and angel investor

Mobikon Asia Pte Ltd and angel investors Appvintage Solutions Pvt. Ltd- Hipcask Startup N.A. N.A.

Angel investors EduVision Retail Technologies Pvt Ltd- Fastudent Startup N.A. N.A.

Rajasthan Angel Innovators Network Kalaage Creations Pvt Ltd Startup N.A. N.A.

Angel investors SIBIA Analytics and Consulting Services PL Startup N.A. N.A.

Angel investors Stayology Pvt Ltd Startup N.A. N.A.

Angel investors Muhurtmaza Startup N.A. N.A.

Angel investors Trilyo Startup N.A. N.A.

Venture Highway and angel investors Kaalbi Technologies Pvt Ltd- ShieldSquare Startup N.A. N.A.

Jones Lang LaSalle- Real estate fund JBR Interio Technologies Ltd- Foyr Startup N.A. N.A.

Swastika and angel investors Pickrr Technologies Pvt Ltd Startup N.A. N.A.

Angel investors Satvacart Retail LLP Startup N.A. N.A. 108 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Quarizon Consultancy Services LLP BeatRoute Innovations Pvt. Ltd Startup N.A. N.A.

Kae Capital Wotu Technologies Pvt Ltd Startup N.A. N.A.

Angel investors Bharosa Technoserve Private Limited Startup N.A. N.A.

Astarc Ventures Wooplr Technologies Pvt. Ltd Startup N.A. N.A.

Calcutta Angels Network, LetsVenture, angel Medbay India Pvt. Ltd- LetsMD Startup 25% N.A. investor and Currae Healthtech Fund

Angel Investors Naffa Innovations Pvt Ltd- ToneTag Startup N.A. N.A.

Angel investors NoBroker Technologies Solutions Pvt Ltd Startup N.A. N.A.

Angel Investors HX Wellness Pvt. Ltd- Aermed Startup N.A. N.A.

Angel Investors PAPA Consultancy Pvt. Ltd- LawRato Startup N.A. N.A.

Quarizon Consultancy Services LLP Pictor Imaging Pvt. Ltd Startup N.A. N.A.

Asuka Holdings Eloquent Info Solutions Pvt Ltd- WorkIndia Startup N.A. N.A.

Angel Investors Datasigns Technologies Pvt. Ltd- Shubhloans Startup N.A. N.A.

Gleevoaz Ventures Yottaasys consulting pvt ltd Startup N.A. N.A.

Venture Highway BetterPlace Safety Solutions Pvt Ltd Startup N.A. N.A.

Angel Investors Hubilo Softech Pvt. Ltd Startup N.A. N.A. Dealtracker 2016 | PRIVATE EQUITY 109

Investor Investee Sector Stake US$ mn

One97 Communications Ltd- Paytm and Angel Pilani Experts Technology Labs Pvt Ltd- TapChief Startup N.A. N.A. Investors

Blume Ventures, Beenext and Barkawi Holdings & Service Lee Technologies Pvt Ltd- Servify Startup N.A. N.A. TM Service Technology Holdings

Angel Investors Froyofit Startup N.A. N.A.

Amaze Mining & Blockchain Research Ltd GBMiners Startup N.A. N.A.

Blume Ventures and angel investors Monkeybox Food Tech Pvt.Ltd Startup N.A. N.A.

IvyCamp Mr. Hot Foods Pvt. Ltd Startup N.A. N.A.

Grace Capital Ventures. Motorcruizer Technologies India Pvt. Ltd - ONN Bikes Startup N.A. N.A.

Calcutta Angel Network and Appliyifi Metaiot Technologies Pvt. Ltd- Vehico Startup N.A. N.A.

Angel investors Hatch Tact Innovations Pvt. Ltd- PiNWi Startup N.A. N.A.

Encube Venture Partners and angel investors ShorTails Technology Private Limited- TailsLife Startup N.A. N.A.

Mumbai Angels, Singapore Angel Network and Urban Online Services Pvt. Ltd. - BookEventz Startup N.A. N.A. angel investors

Angel investors Wooplr Technologies Pvt. Ltd Startup N.A. N.A.

India Quotient, Nobel House, Sunstone Capital and Hyperflux Solutions Pvt. Ltd- Comet Startup N.A. N.A. angel investors

Angel investors MoEngage India Pvt. Ltd Startup N.A. N.A. 110 Dealtracker 2016 | PRIVATE EQUITY

Investor Investee Sector Stake US$ mn

Axilor and angel investors UrbanPiper India Pvt. Limited Startup N.A. N.A.

Eros Labs Look At Me Startup N.A. N.A.

Axilor Ventures Nuta Technologies Pvt Ltd- Events High Startup N.A. N.A.

Cyber Carrier CL ZoomCar India Pvt Ltd Startup N.A. N.A.

Venture Catalysts Supr Techlabs Pvt. Ltd- Supr Daily Startup N.A. N.A.

Angel investors QwikPik Technology Pvt. Ltd- Yumlane Startup N.A. N.A.

Angel investors EduRev Startup N.A. N.A.

Angel investors iPanache Pvt. Ltd- CheerOye! Startup N.A. N.A.

Indian Angel Network Roast Media Pvt. Ltd Startup N.A. N.A.

Angel investors American Vision Pvt Ltd Startup N.A. N.A.

Angel investors BeaconsTalk Technologies Pvt Ltd Startup N.A. N.A.

Angel investors Qonfuse Startup N.A. N.A.

Providence Equity Partners Indus Towers Ltd Telecom 5% N.A.

Access India Fund and unnamed co investors Teleysia Networks Pvt Ltd Telecom N.A. N.A.

Brookfield Asset Management Reliance Infratel Ltd Telecom 51% 1,600.00

Caisse de Dépôt et Placement du Québec TVS Logistics Services Ltd Transport & Logistics N.A. 155.00 Dealtracker 2016 | PRIVATE EQUITY 111

Investor Investee Sector Stake US$ mn

Warburg Pincus Llc Stellar Value Chain Solutions Pvt. Ltd Transport & Logistics N.A. 125.00

SSG Capital Management Ltd Future Supply Chain Solutions Ltd Transport & Logistics 40% 86.57

Asia Climate Partners ColdEX Logistics Pvt. Ltd Transport & Logistics N.A. 38.46

Agarwal Movers Group Trucking cube dotcom pvt ltd Transport & Logistics N.A. 14.90

GVFL Trustee Company Private Limited. Schedulers Logistics India Pvt Ltd Transport & Logistics N.A. 5.97

Griffin Partners Limited Future Supply Chain Solutions Ltd Transport & Logistics 14% N.A.

Infuse Ventures and Ankur Capital Thermal Energy Service Solutions Pvt. Ltd. Transport & Logistics N.A. N.A. 112 Dealtracker 2016 | IPO

IPO Dealtracker 2016 | IPO 113

Company Name Sector Issue Price Equity Offered Capital Raised Rs mn Capital Raised US$ mn

Endurance Technologies Ltd Automotive 472 24,613,024 11,617 176

Precision Camshafts Ltd Automotive 186 22,043,011 4,100 63

ICICI Prudential Life Insurance Company Ltd Banking & Financial Services 334 181,341,058 60,568 904

PNB Housing Finance Ltd Banking & Financial Services 775 38,719,309 30,007 448

Equitas Holdings Ltd Banking & Financial Services 110 197,727,273 21,750 325

RBL Bank Ltd Banking & Financial Services 225 53,909,628 12,130 181

Ujjivan Financial Services Ltd Banking & Financial Services 210 42,270,952 8,877 134

Infibeam Incorporation Ltd E commerce 432 10,416,667 4,500 69

Mahanagar Gas Limited Energy & Natural Resources 421 24,694,537 10,396 155

L&T Technology Services Ltd Infrastructure Management 860 10,400,000 8,944 133

Dilip Buildcon Ltd Infrastructure Management 219 29,861,976 6,540 98

Larsen & Toubro Infotech IT & ITeS 710 19,718,310 14,000 212

S P Apparels Ltd Manufacturing 268 25,167,600 6,745 102

Sheela Foam Ltd Manufacturing 730 6,986,301 5,100 75

HPL Electric & Power Ltd Manufacturing 202 17,871,287 3,610 54

G N A Axles Ltd Manufacturing 207 6,300,000 1,304 19 114 Dealtracker 2016 | IPO

Company Name Sector Issue Price Equity Offered Capital Raised Rs mn Capital Raised US$ mn

Bharat Wire Ropes Ltd Manufacturing 45 15,555,556 700 10

Laurus Labs Ltd Pharma, Healthcare & Biotech 428 31,116,786 13,318 196

Thyrocare Technologie Ltd Pharma, Healthcare & Biotech 446 10,744,619 4,792 73

Advanced Enzyme Technologies Ltd Pharma, Healthcare & Biotech 896 4,592,506 4,115 62

Healthcare Global Enterprises Ltd Pharma, Healthcare & Biotech 218 16,390,000 3,573 53

TeamLease Services Ltd Professional / Business Services 850 4,984,471 4,237 65

Quess Corp Limited Professional / Business Services 317 12,618,297 4,000 60

Varun Beverages Ltd Retail & Consumer 445 25,000,000 11,125 166

Parag Milk Foods Ltd Retail & Consumer 215 34,966,512 7,518 114 Dealtracker 2016 | QIP 115

QIP 116 Dealtracker 2016 | QIP

Investee Sector Stake US$ mn

Dhampur Sugar Mills Pvt Ltd Agriculture & Forestry N.A. 9.1

Dwarikesh Sugar Industries Ltd Agriculture & Forestry N.A. 8.9

Motherson Sumi Systems Ltd Automotive N.A. 297.5

Suprajit Engineering Ltd Automotive N.A. 23.1

Fiem Industries Ltd Automotive N.A. 17.9

Bharat Financial Inclusion Ltd Banking & Financial Sector N.A. 111.9

Indian Overseas Bank Banking & Financial Sector N.A. 39.7

Satin Creditcare Network Limited Banking & Financial Sector N.A. 37.3

Deep Industries Limited Energy & Natural Resources N.A. 9.4

Take Solution Limited IT & ITeS N.A. 26.9

Greenply Industries Ltd Manufacturing N.A. 7.5

Kirloskar Electric Company Ltd Manufacturing N.A. 5.5

Camlin Fine Sciences Limited Pharma, Healthcare & Biotech N.A. 8.3

Manpasand Beverages Ltd Retail & Consumer N.A. 74.6

Sundaram Multi pap Limited Retail & Consumer N.A. 1.8 Dealtracker 2016 117 Contact us

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