Ericsson Holdings II Inc, a Delaware company along with its subsidiary recently acquired 100% shareholding of Telcordia Holdings Inc, from Providence Equity Partners and Warburg Pincus for approximately USD 1.15 billion.
Canaan Canaan VIII Mauritius along with certain other investors invested into Happiest Minds Technologies Private Limited (“Company”), a Bangalore based company...
Aditya Birla Private Equity Fund - I (“ABPE - I”) has signed an agreement to invest a sum of INR 95,00,00,000 (USD 18.8 million approximately) in Alphion India Private Limited (“Alphion India”).
Siemens Project Ventures GmbH (“Siemens”) transferred its 14% stake in Bangalore International Airport Limited (valued at USD 1 billion approximately) to one of the GVK group entities ...
Nirvana Venture Advisors, a fund anchored by the Patni family (founders of Patni Computer Systems), has made its first investment in YourNextLeap.com (“
Transaction
”)
SEAF India Agribusiness Fund
and
SEAF India Agribusiness International Fund
(together,
SEAF
) recently made an investment in
Abhay Cotex Private Limited (Abhay Cotex)
aggregating to INR 260 million.
IndiaReit Domestic Fund Scheme IV, (“
IndiaReit
”), has signed an investment agreement to invest a sum of Rs. 200 crores (approx. USD 45 million) in a slum rehabilitation project to be developed by Omkar Realtors and Developers Private Limited
(“
Omkar
”).
Cognizant Technology Solutions U.S. Corporation, through its affiliates (“Cognizant”), acquired CoreLogic Global Services Private Limited (“Corelogic India”) for a consideration of USD 50 million.
MphasiS
, a subsidiary of Hewlett Packard, acquired Wyde Corporation an insurance software provider with customers in US, France and Canada
.
Blackstone GPV Capital Partners Mauritius V-B Ltd.
sold its stake in
SKR BPO Services Private Limited
to UK's
Serco Group
for around £385 million ($634 million).
Everest Capital (M) Limited, a Mauritius-based entity registered with the Securities and Exchange Board of India (SEBI) as a Foreign Venture Capital Investor (FVCI) and a part of Asia Pacific Capital, an offshore private equity fund
INDIAREIT Fund, a real estate private equity fund, recently formed a joint venture with Ambience Group for the development of aggregate 17.63 acres (approx) of land parcels in Gurgaon.
Reliance Broadcast Network Limited, a part of the Reliance Group (through its subsidiaries) and RTL Group, part of Germany’s Bertelsmann group, have entered into a 50:50 joint venture to launch thematic channels in India.
QPS Holdings LLC (
“QPS”
), a US based contract research organisation focussed on bioanalysis, drug metabolism & pharmacokinetics, translational medicine, toxicology, early stage clinical and late stage clinical research, through its subsidiary XDD Acquisition B.V. acquired a controlling stake in Bioserve Clinical Research Private Limited (
“Bioserve”
), now known as QPS Bioserve India (P) Limited.
Providence Equity Partners (“Providence”), through P5 Asia Holding Investments (Mauritius) Limited, made an investment of approximately INR 2.7 Billion in UFO Moviez India Limited (“UFO”), a Mumbai-based company engaged in the business of digital cinema distribution, by way of primary and secondary investment.
Education sector focused Kaizen Private Equity (“
Kaizen
”) invested in an education services company (“
Company
”). This investment will enable the Company to expand its current operations
Dewan Housing Finance Limited ("
DHFL
"), along with its promoter group entity Wadhawan Housing Pvt Ltd and Caledonia Investments plc through its group entity, signed the definitive agreements for 100% acquisition of Deutsche Postbank Home Finance Ltd.
Sequoia Capital India Investments Holdings III recently invested approximately USD 8 million in Goldsquare Sales India Private Limited. This investment was part of a Series B funding of Goldsquare, Obsidian Square Investments Limited having invested in the initial round of funding earlier in 2010.
Baumer Holding AG (Baumer), a company incorporated under the laws of Switzerland and engaged in the business of solutions for factory and process automations, has entered into definitive documents to acquire a controlling stake in Waaree Instruments Limited.
SKIL Ports and Logistics Limited, a Guernsey incorporated entity listed its shares on the AIM segment of the London Stock Exchange. The Company raised GBP 76 Million from global institutional investors.
Bessemer Venture Partners (
BVP
) and Lightspeed Venture Partners (
LSVP
) recently made an investment in Indian Energy Exchange Limited (
IEX
) aggregating to INR 700 million.
Qualcomm Incorporated was recently declared a successful bidder in the Broadband Wireless Access ("BWA") Auction conducted by the Department of Telecom, Government of India.
Century Real Estate Holdings Pvt. Ltd., an entity engaged in the construction and development of real estate projects, issued certain securities on a private placement basis for deal value of approximately INR 1 billion to certain investors.
Dewan Housing Finance Corporation Limited (“
DHFL
”) and its subsidiary DHFL Vysya Housing Finance Limited (“
DVHFL
”) have promoted a housing finance company – Aadhar Housing Finance Private Limited (“
AHFL
”).
M+R Spedag Group, Switzerland, through its group entity, recently closed the acquisition of a controlling stake in Chennai based PL Shipping & Logistics Private Limited.
Reliance Broadcast Network Limited, a part of the Reliance Anil Dhirubhai Ambani Group and CBS Studios International have entered into a 50:50 joint venture
Bessemer Venture Partners (“
BVP
”) recently invested USD 2 million into Applied Solar Technologies Private Limited (“
AST
”) along with International Finance Corporation and another private equity investor.
Dewan Housing Finance Corporation Limited (“ DHFL ”) raised an approximate amount of INR 3,750 million by way of issuance of equity shares to certain qualified institutional buyers through the qualified institutions placement route (“ QIP Issue ”).
Battery Ventures VIII FVCI (Mauritius) (“Battery”) and Greylock (Mauritius) Inc. (“Greylock”) participated in the Series A fund raising by Taggle Internet Ventures Private Limited (“Taggle”).
Indiareit Investment Management Co. (“
Indiareit
”), a Mauritius based real estate fund manager, has recently been appointed as the investment manager of certain identified portfolio of Trikona Trinity Capital plc, a £250 million AIM listed property fund.
Mid-Day Multimedia Ltd (“
Mid-Day
”) recently announced the demerger of its print business with Jagran Prakashan Limited (“
Jagran
”) for a total consideration of around INR 2 billion.
Ultra Space Developers Private Limited, a Wadhawan Group entity engaged in the construction and development of real estate projects, issued certain securities on a private placement basis for deal value of approximately INR 1.75 billion to certain investors.
Represented DBS Bank Ltd., Singapore on in its exit from Cholamandalam DBS Finance Limited (“
Chola DBS
”), by way of sale of 37.48 % equity stake and preference shares to Murugappa Group.
Walden International, a US based global venture firm, through its Mauritius entity, recently closed its investment in Quatrro BPO Solutions Private Limited, along with certain other investors.
Nishith Desai Associates represented GoAhead Software, Inc. (GoAhead) in its acquisition of Avantellis from Emerson Network Power, having operations in the US and in India.
Starlight Systems Private Limited, an entity engaged in the construction and development of real estate projects, issued certain securities on a private placement basis for deal value of approximately INR 1.48 billion to certain investors.
DICHTUNGSTECHNIK Wallstabe & Schneider GMBH & CO. KG (“DT”) and Deshmukh Rubber Works Private Limited (“DRWPL”), the flagship company of the Divekar group, entered into a joint venture to engage in the business of manufacture and sale of automotive components.
IL&FS Trust Company Limited, IIRF India Realty X Limited and Moltana Holdings Limited, (collectively, "
Investors
"), have entered into an agreement whereby the Investors have agreed to invest up to INR 1650 million in Orbit Highcity Private Limited
Ascent Capital Advisors, a leading independent Indian private equity fund manager, recently closed “Ascent India Fund III” at an aggregate corpus of USD 350 million
.
PRYSMIAN CAVI E SISTEMI ENERGIA S.R.L. (“
Prysmian
”), a global player in the industry of high-technology cables and systems for energy and telecommunications, acquired a equity stake of 51%
through a combination of share purchase
The amalgamation of Elcome Surveys Private Limited (“
Elcome
”) with Fugro Survey (India) Private Limited (“
Fugro
”) in accordance with the provisions of sections 391 of 394 of the Companies Act, 1956, of India
Sunteck Realty Limited (“
Sunteck
”) raised an approximate amount of INR 1,580 million (approximately USD 34 million) by way of issuance of equity shares to certain qualified institutional buyers through the qualified institutions placement route (“
QIP Issue
”).
Canaan VIII Mauritius (“Canaan”) along with individual investors made a VC investment by participating in the first round of fund raising by MXC Solutions India Private Limited (“MXC”).
India Strategic Opportunities Fund (ISOF), a unit scheme of Axis Venture Capital Trust, a trust which is registered with the Securities and Exchange Board of India as a venture capital fund, invested in Precision Automation and Robotics India Limited.
Aquarius India Fund through Aquarius Capital (Mauritius) Limited
(‘Aquarius Capital’) has invested USD 6.5 million (INR 300 million) in Vijay Nirman Company Private Limited (‘VNC’)
Structured Investments Limited (SIL), a
Mauritius
-
based entity registered with the Securities and Exchange Board of India (SEBI) as a Foreign Venture Capital Investor (FVCI), recently made an exit from its investment in Mandhana Industries Limited.
In an indication of revival of the Indian Real Estate Sector, Trinity Capital (Five) Limited infused the second tranche of investment for an equity participation in Lokhandwala Kataria Constructions Pvt. Ltd. for development of a landmark Slum Rehabilitation Project in Mumbai.
“
Aditya Birla India Real Estate Vision Fund
”, an offshore India focused real estate fund
,
with a targeted corpus of US$ 350 million and a green shoe option of upto US$ 150 million, was recently launched.
The Merck subsidiary and Wellcome will gradually invest a sum of 45 million Pounds each (approx USD 74 million each) over a period of the next seven years in the Indian JV entity, thereby acquiring a stake of 50% each in the entity.
INDIAREIT Domestic Fund - Scheme I, a real estate private equity fund, in an investment deal of Rs. 33.58 crores, infused Rs. 17.1 crores
in Samira Getaways Private Limited
INDIAREIT Domestic Fund - Scheme III, a real estate private equity fund, in an investment deal of Rs. 48.37 crores, infused Rs. 41.83 crores in Samira Realty Projects Private Limited (“
SPV
”)
Lightspeed Venture Partners VIII Mauritius, a private equity fund, led USD 10 million Series B round of funding in ITZ Cash Card Ltd, a multi-purpose pre-paid card company.
Harris Stratex Networks, Inc. (NASDAQ: HSTX), a leading specialist in backhaul solutions for mobility and broadband networks, acquired Telsima Corporation of Sunnyvale, California for USD 12 million.
Represented Lifetree Convergence Limited, a telecom focused technology product company, in its acquisition by Tecnomen Oyj, a Finnish listed Company for a consideration of approx.
Orbit Corporation Limited (“
Orbit
”) raised an approximate amount of INR 1,450 million (approximately US$ 30 million) by way of issuance of equity shares to certain qualified institutional buyers through the qualified institutions placement route (“
QIP Issue
”).
Fläkt (India) Limited (“
Fläkt
”), the Indian arm of the leading Luxembourg-based global air ventilation equipment manufacturer, FläktWoods Group, has acquired the air management systems (“
AMS
”) business of Caryaire Equipments India Private Limited (“
Caryaire
”).
BlackRock Inc., through its subsidiary, BlackRock Singapore Pte Ltd, acquired DSP Merrill Lynch Limited's 40% stake in DSP Merrill Lynch Fund Managers Limited
Frasers Hospitality Pte Ltd, Singapore has recently made a foray into Indian markets with the signing of contracts with the Skyline Group and Minerva Group which would serve as the precursor to the opening of Frasers Serviced Apartments in Bangalore
Sandstone Investment Partners I (
“Sandstone”
) and ICP Holdings I part of the Silicon Valley Bank group) (
“ICP”
), and Kismet SKS II have made an aggregate investment of US $75 million (approximately INR 3.66 Billion) in SKS Microfinance Private Limited (
“SKS”
)
INDIAREIT Offshore Fund and INDIAREIT Fund - Scheme I, real estate private equity funds with a joint corpus of USD 300 million, made an investment of USD 61 million in a joint venture with Hyderabad based Amsri Developers
INDIAREIT Offshore Fund and INDIAREIT Fund - Scheme III, real estate private equity funds with a joint corpus of USD 335 million, have made an entity level investment of approximately USD 47 million in Neptune Developers Private Limited (
“Neptune”
)
EuroKids International Private Limited, specialists in the pre-school education sector in India and overseas and in the business of publishing and distribution of children books received an investment of INR 390 million from Educomp Services Limited, a globally diversified education solution provider
Clyde Blowers acquisition of fluid and power division of Textron for $645m
Legal Counsel to MGM Networks Inc, and advised them in expanding their presence in India in connection with the MGM Channel
SAP AG, Germany based Enterprise Resource Planning (ERP) solution provider's investment in Newgen Software Technologies Limited (“Newgen”)
Monsoon India Infrastructure Direct II Limited, a wholly owned subsidiary of Monsoon Capital, a US based private equity fund (“
Monsoon
”), entered into a joint venture with Ganesh Housing Corporation Limited (“
Ganesh
”), a listed real estate company in Ahmedabad
Providence Equity Partners', a leading investor in the global private equity industry, investment in Aditya Birla Telecom Limited (“
ABTL
”), a wireless telecommunications company and a wholly-owned subsidiary of Idea Cellular.
"Kya Aap Paanchvi Paas Se Tez Hain" goes on air
Rodere Holdings Limited, Cyprus, investment in Orbit Highcity Private Limited (“Orbit”)
Yatra Capital Limited's, a real estate fund listed on EuroNext Stock Exchange
, investment in Forum IT Parks Private Limited, a company promoted by Forum Project Holdings Limited (“Forum”)
Kotak Alternate Opportunities (India) Fund's (“
Kotak
”), a leading domestic real estate fund in India, investment in Sunteck Realty and Infrastructure Limited ("
Sunteck
")
BRLP Mauritius Holdings II and BROMLP Mauritius Holdings II (“Blue Ridge”) investment in Shriram Transport Finance Company Limited (“Shriram”)
JM Financial Ventures Limited's investment in Shriram Transport Finance Company Limited (“Shriram”)
Sequoia Capital India's investment of Rs. 1 billion in GVK Biosciences Private Limited (
GVK BIO
)
Goldman Sachs' investment in Indian metal castings maker Sigma Electric and its affiliated companies in India and the United States
Indiareit Fund - Scheme I's investment in
Skyline Constructions and Housing Private Limited (“
Skyline
”) involving development of real estate projects in Bangalore
Lightspeed Venture Partners VII LLP, Matrix Partners India I LLC and SVB India Capital Partners I LLP
Indiabulls Real Estate Limited's GDR Issue
INDIAREIT Offshore Fund and Indiareit Fund - Scheme I's invest
ment in Special Economic Zone and residential/commercial township in Pune by Paranjape Schemes (Constructions) Limited
Indiabulls Financial Services Limited's GDR Issue
Clearstone Venture Mauritius, along with SVB Financial Group's (belonging to the Silicon Valley Bank group), acquisition of a stake in Games2win India Private Limited
ComVentures' investment in Independent News Service Private Limited (
'I
NSPL'
)
Red Fort India Real Estate I, L.P., a real estate private equity fund managed by Red Fort Capital's investment in Prestige Constructions Group
INDIAREIT Offshore Fund and Indiareit Fund - Scheme I's investment in commercial properties in Kurla, Mumbai by Neptune Developers Private Limited
Electrical Components International Inc's acquisition of shares of an Indian subsidiary of Noma Holdings Inc.
Mayfie
ld Fund's first investment in Tejas Networks India Limited
Draper Fisher Jurveston, Global Environment Fund and Mellon HBV Master Global Event Drive Fund LP's investment in Reva Electric Car Company Private Limited (“Reva”)
i
-
flex Solutions acquisition of Mantas
Providence invests into Idea Cellular