Today’s M & A Deals_ Jan 05,2016

M &  A Deals :

  • Paytm acquires task-managing app Shifu
  • Drug regulator raises red flag against online sales of medicines
  • Careers360 raises funds from MeritTrac
  • GM to invest $500M in ride-sharing firm Lyft
  • Goldman Sachs invests $66M in SAMHI Hotels
  • Texmaco Rail acquires 55% stake in Bright Power

 

Today’s Wealth Mantra !

“All intelligent investing is value investing — acquiring more that you are paying for. You must value the business in order to value the stock.”

– Charlie Munger

 

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Today’s M & A Deals_Dec 22,2015

M & A Deals :

  • RBL Bank raises $74M in pre-IPO round from ADB, CDC & others
  • Godrej Agrovet raises stake in Creamline Dairy to 51%
  • Bionpharma acquires 25 products of Banner Life Sciences
  • GSPL to buy stake from PE investors in Sabarmati Gas
  • Peppertap closes Series B round with $4M from Innoven; buys Jiffstore

  • Truck aggregator TruckMandi gets under $2M in pre-Series A funding
  • CarDekho parent buys virtual reality firm Drishya360s
  • Careers360 buys EntranceCorner for $1M to expand online test prep play
  • Google to back startups with up to $50K equity-free funding
  • Ovenfresh parent gets fresh funding from Kalaari Capital
  • Aspiring Minds acquires internship platform LetsIntern
  • RentOnGo gets funding from Snapdeal’s Chandrasekaran, GSF’s Sawhney, others
  • Xander to seal $550M platform deal with IFC for commercial realty

 

Today’s Wealth Mantra !

“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.”

-Mark Skousen

 

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Today’s M & A Deals_Dec 09,2015

M & A Deals :

  • Nexus Venture Partners raises $450M in new fund
  • Alkem Labs IPO subscribed 35% on day 1; raises $60M from anchors
  • Online test prep venture MockBank buys web services firm Litoro
  • Event management firm AMM Hospitality raises funding
  • Logistics services provider Parsel acquires Accord Ecom Solutions
  • Alvarez & Marsal launches PE consulting services in India
  • SEBI to come out with norms for crowdfunding
  • ShopClues invests in chat app HeyBiz
  • Careers360 acquires online admissions manager
  • MobiKwik partners IRCTC and expects daily train bookings worth Rs 1.75Cr

 

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

 

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