INDIA DEALS SNAPSHOT MARCH 2020 INDIA DEALS SNAPSHOT PG 3-5 Snapshot of Mergers & Acquisitions Update PG 6-7 Summary of Mergers & Acquisitions Update PG 8-15 Snapshot of PE/VC Update PG 16-17 Summary of PE/VC Update PG 18 RBSA Range of Services Mergers & Acquisitions Update 3 SNAPSHOT OF MERGERS & ACQUISITIONS UPDATE Education (NA) Electronics (NA) Unacademy (Acquirer) (Acquirer) Hero Electronix Pvt. Ltd. Kreatryx (Target) (Target) Test and Verification Solutions Ltd (T&VS) Healthcare (NA) IT/ITES (NA) HUL (Acquirer) (Acquirer) Idera Inc. Vwash (Target) (Target) Idera Inc. Media & Ent. (NA) Other (NA) Nihilent Ltd. (Acquirer) (Acquirer) BigBasket Hypercollective (Target) (Target) DailyNinja Other (NA) Other (NA) Cognizant Technology (Acquirer) Urbanclap Technologies Solutions Corp (Acquirer) India Pvt. Ltd Lev (Target) (Target) Glamazon 4 SNAPSHOT OF MERGERS & ACQUISITIONS UPDATE Others (NA) AnyMind Group (Acquirer) Pokkt (Target) 5 SNAPSHOT OF MERGERS & ACQUISITIONS UPDATE M & A Deals by Sectors 9% Education 9% Media & Ent. 9% Electronics 37% Others 9% Healthcare 27% IT/ITES 6 SNAPSHOT OF MERGERS & ACQUISITIONS UPDATE M & A Deals By Size (` In Crore) 9 8 7 6 s l a e D 5 f 9 O r e b 4 m u N 3 2 2 1 0 0 0 0 Undisclosed Below 100 100 - 300 300 - 500 Above 500 Deal Value 7 PE/VC Updates 8 Snapshot of PE/VC Update Automobile (` 316.46 Cr) Automobile (` 47.29) Clutch of Investors (Investor Fund) (Investor Fund) InnoVen Capital Pvt. Ltd. Spinny (Target) (Target) Wickedride Adventure Services Pvt. Ltd. Automobile (NA) Automobile (` 18.52 Cr) Clutch of investors (Investor Fund) (Investor Fund) Clutch of Investors gogoBus (Target) (Target) ChatPay Commerce Pvt. Ltd. E-Commerce (` 34.6 Cr) E-Commerce (` 7.6 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Clutch of investors Fampay Solutions Pvt. Ltd. (Target) (Target) Checkers India Technology Pvt. Ltd. Education (` 8 Cr - 37.90%) Education (` 22 Cr) Info Edge (India) Ltd. (Investor Fund) (Investor Fund) Clutch of Investors Univariety (Target) (Target) Lido Learning 9 Snapshot of PE/VC Update Fashion & Life Style (` 18.1 Cr) Fashion & Life Style (` 0.76 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Inflection Point Ventures Flixstock India Pvt. Ltd. (Target) (Target) Shadez Fashion & Life Style (NA) Fashion & Life Style (` 7.23 Cr) Steadview Capital (Investor Fund) (Investor Fund) Clutch of Investors Nykaa (Target) (Target) Neeman's Pvt. Ltd. Finance (` 36.39 Cr) Finance (` 40 Cr) Aavishkaar Capital (Investor Fund) (Investor Fund) Clutch of Investors Nineroot Technologies Pvt. Ltd. (Target) (Target) Leap Finance Inc. Finance (` 14.8 Cr) Finance (` 36.85 Cr - 25%) Clutch of Investors (Investor Fund) (Investor Fund) New Energy Nexus Karbon Card (Target) (Target) cKers Finance Pvt. Ltd. 10 Snapshot of PE/VC Update Finance (` 22.28 Cr) Finance (` 51.74 Cr) Clutch of investors (Investor Fund) (Investor Fund) Clutch of Investors AutoMony (Target) (Target) SmartCoin Financials Pvt. Ltd. Finance (NA) Finance (` 19 Cr) Mahendra Singh Dhoni (Investor Fund) (Investor Fund) Angel Investors Kyte Tehcnologies Inc. (Target) (Target) Fintso Finance (` 350 Cr) Finance (` 350 Cr) LGT Lightstone Aspada (Investor Fund) (Investor Fund) Clutch of Investors Vivriti Capital Pvt. Ltd. (Target) (Target) Veritas Finance Pvt. Ltd. Finance (` 22.84 Cr) Finance (` 216.6 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Paragon Partners Neblio Technologies Pvt. Ltd. (Target) (Target) SMEcorner 11 Snapshot of PE/VC Update Finance (` 11.76 Cr) Foods & Beverages (NA) responsAbility (Investor Fund) Angel Investors Investments AG (Investor Fund) Ess Kay Fincorp Ltd. (Target) (Target) Cross Border Kitchens Pvt. Ltd (CBK) Foods & Beverages (` 7 Cr) Foods & Beverages (` 2.5 Cr) Clutch of investors (Investor Fund) (Investor Fund) The Chennai Angels (TCA) Sleepy Owl Coffee Pvt. Ltd. (Target) (Target) Good Roots Kitchenware Pvt. Ltd. Healthcare (` 76.00 Cr) Healthcare (` 11.13 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Clutch of Investors Tricog Health Services Pvt. Ltd. (Target) (Target) StanPlus Technology Pvt. Ltd. Healthcare (NA) Healthcare (` 240 Cr) Clutch of investors (Investor Fund) (Investor Fund) Motilal Oswal Private Equity Zuddy Healthtech Pvt. Ltd. (Target) (Target) Molbio Diagnostics Pvt. Ltd. 12 Snapshot of PE/VC Update Insurance (NA) Iron & Steel (` 500 Cr) Venture Catalysts (Investor Fund) (Investor Fund) Kotak Investment Advisors Fastsurance Consultants Pvt. Ltd. (Target) (Target) Jindal Stainless Ltd. IT/ITES (` 1.5 Cr) IT/ITES (` 6 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Ideaspring Capital DesignX (Target) (Target) Nimesa Technology Pvt. Ltd. IT/ITES (NA) IT/ITES (NA) Clutch of investors (Investor Fund) (Investor Fund) The Indian Team (TA Associates) Rupifi Technologies Pvt. Ltd. (Target) (Target) Accion Labs Inc. IT/ITES (` 8.5 Cr) IT/ITES (NA) IvyCap Ventures (Investor Fund) (Investor Fund) Clutch of Investors Singularity Automation Pvt. Ltd. (Target) (Target) Anaxee Digital Runners Pvt. Ltd. 13 Snapshot of PE/VC Update IT/ITES (` 23.4 Cr) IT/ITES (` 63.2 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Clutch of Investors Agnikul (Target) (Target) CoreStack Logistics (` 44.13 Cr) Media & Ent. (` 28.69 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Clutch of investors Arya Collateral Warehousing (Target) Shop101 Services Pvt. Ltd. (Target) Media & Ent. (` 3 Cr) Power (NA) Clutch of Investors (Investor Fund) (Investor Fund) CDPQ ImStrong Health & Wellness Pvt. Ltd. (Target) (Target) Azure Power Global Ltd. Real Estate (` 11 Cr) Real Estate (` 44.54 Cr) Clutch of Investors (Investor Fund) (Investor Fund) Lodha Ventures Strata Property Management Pvt. Ltd. (Target) (Target) MultiLiving Technologies Pvt. Ltd. 14 Snapshot of PE/VC Update Real Estate (NA) Others (` 29.24 Cr) Equity International (Investor Fund) (Investor Fund) Clutch of Investors Stanza Living (Target) (Target) Trell Experiences Pvt. Ltd. Others (` 59 Cr) Others (` 22.2 Cr) Sequoia Capital India (Investor Fund) (Investor Fund) Clutch of investors Salesken (Target) (Target) Airmeet Inc. Others (NA) Others (` 22.24 Cr) Venture Catalysts (Investor Fund) (Investor Fund) Godrej Group OM Bhakti Samagri (Target) ZunRoof Tech Pvt. Ltd. Kreations Pvt. Ltd. (Target) Others (` 8.16 Cr) Others (` NA) Clutch of Investors (Investor Fund) (Investor Fund) Bharti Airtel Ltd. Bhagwandas Retail Pvt. Ltd. (Target) (Target) Spectacom Global Pvt. Ltd. 15 Snapshot of PE/VC Update PE/VC Deals by Sectors Power 2% Real Estate 5% 7% Automobile Others 12% 4% E-Commerce 4% Education Media & Ent. 4% 7% Fashion & Life Logistics 2% IT/ITES 14% 7% Healthcare 23% Finance Iron & Steel 2% 2% Insurance 5% Food & Beverages 16 Snapshot of PE/VC Update PE/VCDeals by Size (` In Crore) 40 35 30 25 s l a e D 20 f 36 O r e 15 b m u N 10 14 5 3 2 1 0 Undisclosed Below 100 100 - 300 300 - 500 Above 500 Deal Value 17 RBSA RANGE OF SERVICES Investment Banking Valuation (Category 1 Merchant Bank) • Business & Equity Valuation • M&A Advisory: • Valuation of Brands, Goodwill, Other Intangible Assets & • Sell Side & Buy Side Intellectual Property • Domestic & Cross Border • Valuation of Financial Securities, Instruments & Derivatives • Partner Search, Joint Ventures & Strategic Alliances • Valuation of Industrial Assets and Plant & Machinery • Government Disinvestment & Privatization • Valuation of Real Estate • Fund Raising – Equity, Mezzanine, Structured Finance & Debt • Valuation of Infrastructure Assets & Specialized Assets (Corporate & Project Finance) • Purchase Price Allocations (PPA) for Mergers & Acquisition (M&A) • Distressed Investment Banking – One-Time Settlement, Priority • Impairment Studies for Tangible Assets and Interim Funding, Rescue Financing, and Buyouts • Impairment Studies for Cash Generating Units, Intangible • Capital Market Advisory Assets & Goodwill • Mines, Mineral Advisory and Valuation Transaction Services • Valuation of ESOPs and Sweat Equity • Valuation for Tax, Transfer Pricing and Company Law Matters • Buy side due diligence and closing due diligence • Fairness Opinions • Vendor due diligence and vendor assistance • Valuation under Insolvency & Bankruptcy Code (IBC) • Setting up and managing dataroom • Determination of Swap Ratio under Mergers and Demergers • Advice on sale and purchase agreements (SPA) and business • Valuation of Inventory / Stocks and Debtors / Receivables transfer agreements (BTA) • Litigation and Dispute Valuation Services • Assistance in deal negotiation Risk Consulting Transaction Tax Strategic & Risk Advisory Services Deal Tax Advisory (Strategic, IBC, PE/VC) • Techno Economic Feasibility Studies • Tax Due-Diligence • Economic Viability & Financial Appraisal • Tax Structuring • Business Plan Review • Deal Negotiation Review Technical Support Services • Transaction Documentation Review • Lender’s & Investor’s /Independent Engineer Services • Post-Deal Integration • Technical Due Diligence, Technical Opinions Corporate Restructuring • Chartered Engineers Opinion & Certification • Group Restructuring • Project Cost Investigation • Financial/Capital Restructuring • Project Appraisal and Monitoring • Succession Planning Agency for Specialized Monitoring (ASM) Holistic Implementation Support • Term Loan Monitoring • Merger/Amalgamation • Working Capital Monitoring • Demerger/Spin-off • Cash Flow Monitoring • Capital Reduction Financial & Treasury Risk Advisory • Share Buyback • Assessment of Credit Risk, Market Risk & Interest Rate Risk • Business Transfers • Asset Quality