TSJ Media Pvt. Ltd. This data is meant for the internal and non-commercial use of the purchaser and cannot be resold, rented, licensed or otherwise transmitted without the prior permission of TSJ Media. Any unauthorized redistribution will constitute a violation of copyright law.Note: Target/Company in () indicates the deal is not to be used for calculating aggregate data owing to the it being a tranche / not meeting Venture Intelligence definitions for PE.Pls Note : Excel Export is available for transactions from Jan.2004 only, as part of search results. You can export transactions prior to 2004 on a deal by deal basis from the deal details popup.Company Company Type Industry Sector Amount(US$M) Round StageInvestors Investor Type Stake (%) Date Website City RegionAdvisors-Company Advisors-Investors More Information LinkCompany Valuation-Equity - Post Money (INR Cr) Revenue Multiple(based on Equity Value/Market Cap) EBITDA Multiple(based on Equity Value) PAT Multiple(based on Equity Value) Valuation Link for Financials0xdata Unlisted IT & ITES Enterprise Software (Programming Tool - Big Data) 1.70 1 Early Nexus Venture Partners, Others India-dedicated January-2013 http://0xdata.com California OverseasTarget develops technologies to make the Hadoop software more user-friendly to non-technical users. Its software H2O scales statistics, machine learning and math over Big Data. Jishnu Bhattacharjee represented Nexus. Anand Babu Periasamy; Founder of Gluster (another US-based portfolio company of Nexus that was acquired by RedHat) and Anand Rajaraman (Founder of Junglee.com that was acquired by Amazon) are among the angel investors in the company. http://pevc.dowjones.com/article?an=DJFVW00020130103e913an4e1; http://0xdata.com/about/1click.io Unlisted IT & ITES Online Services (Utility - Video Conference Service) Seed Early Blume Ventures, Others India-dedicated January-2014 http://1click.io Bangalore SouthOthers = US-based micro venture capital firm Shead Holdings and Chennai Angels member R Narayanan, along with Google Singapore executive Rahul Garg Turtle Yogi Technologies, which owns and operates 1click.io, a cloud-based video infrastructure product, plans to use the proceeds to build on its B2B sales and expand its product offering. http://bit.ly/1cjVrbg1MG Unlisted IT & ITES Mobile VAS (M-Commerce - Pharmaceuticals - Generics Search) 6.00 1 Early Sequoia Capital India, Intel Capital, Omidyar Network, Others Co-Investment April-2015 https://www.1mg.com/ Gurgaon North Healthkart.com, an online vendor of health products, has spun off its generic drug search business, HealthkartPlus, into 1MG Technologies Pvt Ltd, and raised $6 million for the new venture from existing investors including Sequoia Capital India, Intel Capital and Omidyar Network. Deep Kalra, founder of online travel portal MakeMyTrip.com, has also participated in the current round. http://www.livemint.com/Companies/Pi4fKcBNAN9nrMw1zHaODO/Healthkart-gets-6-million-for-spunoff-1MG.html21Diamonds Unlisted IT & ITES Online Services (Shopping - Jewelry) 1 Early Rocket Internet Foreign June-2012 http://www.21diamonds.com Delhi North Target, an Online jewelry store owned by the investor, has launched in India. It is currently present in 17 countries. The platform enables users to design their own jewelry.23spaces Unlisted IT & ITES Online Services SeedEarly Blume Ventures, Others India-dedicated August-2012 http://23spaces.com Mumbai West Investment in an app development company which is currently developing two different apps Focal, which aims to organize and enable the discovery of curated information based on the context, and Polo, which aims to enable users to organize and discover curated travel experiences.24X7 Learning Unlisted IT & ITES IT Services (E-learning)0.31 1 Early KITVEN India-dedicated 8.45 January-2006 http://www.24x7learning.com Bangalore South INR 1.40 Cr Investment via KITVEN Fund I Pricing details: Equity = FV Rs.10; Issue price Rs.10 OCCPS = FV Rs.100; Issue price Rs.100 Issue of 15,000 equity shares and 138,500 8% OCCPS to KITVEN Fund I In Nov 2007, the OCCPS were redeemed after the company received funding from Capital18. KITVEN has SUBSTANTIALLY EXITED the firm with an IRR of 38.77% as a result of the OCCPS redemption. 16.574.84 36.82 78.90 Valuation Multiple based on FY06 Financials.24X7 Learning Unlisted IT & ITES IT Services (E-learning)3.84 2 Growth Capital18 India-dedicated 37.73 November-2007http://www.24x7learning.com Bangalore South INR 15-Cr. Pricing details: Equity = FV Rs.10; Issue price Rs.1689.19 CCD = Rs.1000 each Issue of 44,400 equity shares and 75,000 interest free CCDs to Capital18. On Feb 2009, 56,052 equity shares (Conversion price Rs.1000) were issued on conversion of 56,052 CCDs On Apr 2009, 7,141 equity shares (Conversion price Rs.2653.41) were issued on conversion of 18,948 CCDs Post-Issue SHP: Capital18 37.73% (107,593 equity shares) KITVEN 5.26% (15,000 equity shares) Promoters 54.98% (156,799 equity shares) Foreign Holdings 2.03% (5,789 equity shares) 40.00 4.6236.14 71.00 Valuation Multiple based on FY08 Financials.3D Solid Compression Unlisted IT & ITES Enterprise Software (3D)1.22 1-A Early IDG Ventures India India-dedicated 40.00 December-2007 http://www.3dsoc.com Bangalore South INR 4.85 Cr is the investment commitment. IDG Ventures made the investment over three tranches of INR 1.97 Cr, INR 1.06 Cr and INR 1.82 Cr Investment via IDG Ventures India I Price details: First Tranche: Equity Share = FV Rs.10; Issue price Rs.2446. CCPS = FV Rs.10; Issue price Rs.2466. Second Tranche: CCPS = FV Rs.10; Issue price Rs.2642.03. Third Tranche: CCPS = FV Rs.10; Issue price Rs.3035 Issuance: First Tranche: Issue of 1 equity shares and 7,998 1% NCCPS to IDG Ventures India I LLC. Second Tranche: (Oct 2008) Issue of 4,000 1% NCCPS to IDG Ventures India I LLC. Third Tranche: (Nov 2009) Issue of 6,000 1% NCCPS to IDG Ventures India I LLC. Bonus Issue in 2009: Issue of 100(in the ratio of 100:1) equity shares to IDG Ventures India I LLC. 12.13Company posted Revenues of Rs.21000 in FY07.3D Solid Compression Unlisted IT & ITES Enterprise Software (3D)0.75 2 Growth IDG Ventures India India-dedicated 13.10 January-2011 http://www.3dsoc.com Bangalore South INR 3.56 Cr On Jan 21, 2011, issue of 4590 Series A1 preference shares at Rs.5120.10 per share to IDG Ventures India On Nov 21, 2011, issue of 2295 Series A1 preference shares at Rs.5323.53 per share to IDG Ventures India 27.21 Valuation multiples are not meaningful3Genesis Unlisted IT & ITES Telecom Software 2.00Early Connect Capital, eVentures Co-Investment October-1999Mumbai West7Strata Unlisted IT & ITES IT Services (Remote Infra Management)3.00 1 Early WestBridge India-dedicated June-2008http://www.7strata.com Chennai South9.9 Mediaworx Unlisted Media & Entertainment Media (Diversified)7.50 1 Early Helion Ventures, TVS Capital India-dedicated 43.48September-2008 http://www.9dot9.in Delhi North INR 34.50 Cr Hellion Ventures invested INR 20.70 Cr for 26.09% stake. TVS Capital invested INR 13.80-Cr for 17.39% stake. Hellion Ventures made investment via Helion Venture Partners India II TVS Capital made investment via TVS Shriram Growth Fund I Pricing details: Series A CCPS = FV Rs.10; Issue price Rs. 3,729 Issue of 55,516 Series A CCPS to Helion Venture Partners India II Issue of 37,011 Series A CCPS to TVS Shriram Growth Fund I 79.35 11.13Revenue Multiple based on FY10 Financials.9.9 Mediaworx Unlisted Media & Entertainment Media (Diversified)1.10 2 Early Helion Ventures, TVS Capital India-dedicated 5.93August-2011 http://www.9dot9.in Delhi North INR 5-Cr. Follow-on investment Helion Ventures invested INR 3-Cr. TVS Capital invested INR 2-Cr. With this round, Helion Ventures invested INR 23.70 Cr and TVS Capital invested INR 15.80 Cr into the target. Pricing details: Series B CCPS = FV Rs.10; Issue price Rs. 3,729 Issue of 8,045 Series B CCPS to Helion Ventures Issue of 5,363 Series B CCPS to TVS Capital Post-deal SHP: (As-If converted basis) Pramath Raj Sinha - 13.38% (30,268 equity shares) Vikas Gupta - 7.85% (17,768 equity shares) Asheesh Kumar Gupta - 7.85% (17,768 equity shares) Kanak Ranjan Ghosh - 7.85% (17,768 equity shares) Anuradha Das Mathur - 7.86% (17,769 equity shares) Helion Ventures - 28.10% (55,516 Series A CCPS and 8,045 Series B CCPS) TVS Capital - 18.73% (37,011 Series A CCPS and 5,363 Series B CCPS) Others - 8.37% (18,936 equity shares) 84.35 4.91 Revenue Multiple based on FY11 Financials.91mobiles.com Unlisted IT & ITES Online Services (E-Commerce - Comparison Shopping) 1.00 Seed Early India Quotient, Others India-dedicated October-2014 http://www.91mobiles.com Gurgaon NorthTarget Co Name = 91Digital Web Private Ltd. Others = Umang Kumar, founder & CEO of Gaadi.com and Krishna Motukuri, ex-CEO of Tradus.com. The funds raised will be invested in expanding the team, developing better research tools & content for mobiles and tablets categories, building a similar research experience for other gadget categories, upgrading the existing mobile site and for launching an Android application. http://www.nextbigwhat.com/91mobiles-funding-indiaquotient-297/A Little World Unlisted IT & ITES IT Products (Micro-banking Devices) 7.00 2 Growth Legatum Capital, Bellwether, India Financial Inclusion Fund Co-Investment 12.50 September-2008 http://www.alittleworld.com Mumbai West Intellecap(T) INR 28.74 Cr Caspian via its two fund (Bellwether Microfinance Fund and India Financial Inclusion Fund) invested INR 25-Cr for 10.87% stake. Legatum Capital invested INR 3.74 Cr for 1.62% stake to maintain its stake at 13% (Anti-Dilutive) Pricing details: CCPS = FV Rs.10; Issue price Rs.35 per share Issue of 5,428,571 CCPS to India Financial Inclusion Fund Issue of 1,714,286 CCPS to Bellwether Microfinance Issue of 1,067,323 CCPS to Legatum Capital The company created ESOP Pool of 4,035,713 equity shares which constitutes 6.14% stake post this investment. Post-issue SHP: (As-If converted basis) Legatum Capital - 13% (7,473,528 equity shares and 1,067,323 CCPS) Bellwether Microfinance - 2.61% (1,714,286 CCPS) India Financial Inclusion Fund - 8.26% (5,428,571 CCPS) www.intellecap.com/assets/8/ALW_Final_Press_Release_090908.pdf 229.95A Little World Unlisted IT & ITES IT Products (Micro-banking Devices) 2.00 1 Growth Legatum Capital Foreign 13.00 March-2007 http://www.alittleworld.com Mumbai West Intellecap(T)INR 10.51 Cr Investment via Coronet Capital Deal involved a combination of primary infusion and secondary purchase of shares from Promoters Pricing details: Equity = FV Rs.10; Issue price Rs.14.06 per share PRIMARY INFUSION: (INR 5.17 Cr, stake 6.40%) Issue of 3,679,167 equity shares to Coronet Capital SECONDARY PURCHASE: (INR 5.33 Cr, stake 6.60%) Transfer of 3,794,361 equity shares from Anurag Gupta to Coronet Capital The company created ESOP Pool of 4,035,713 equity shares which constitutes 7.02% stake of the company. http://articles.economictimes.indiatimes.com/2007-10-04/news/27682903_1_financial-inclusion-technology-solutions-development-credit-bank 80.83A.L.L Services Under 1 Roof Unlisted Other Services Facilities Management 2.81 1 Growth Granite Hill India-dedicated 26.55 August-2007 http://1roof.in Mumbai West Majmudar & Partners(L) INR 11.29 Cr. Pricing details: FV-Rs.10; Issue Price Rs.256 Granite Hill Ventures LLC subscribed to 441,000 shares. Post deal SHP: Promoters: 47.51% stake (789,250 shares) Granite Hill: 26.55% stake (441,000 shares) Others 25.93% stake (430,800 shares) In Sep-10, there was a bonus issue in the ratio of 1:5 ( i.e. , 5 new shares for every 1 share held). Post bonus issue SHP: Promoters: 47.51% stake (4,848,000 shares) Granite Hill: 26.55% stake (2,646,000 shares) Others 25.93% stake (2,584,800 shares) Shaliesh Mehta joined the board. 42.48 1.4911.16 21.49 Valuations based on FY07 financialsA2Z Maintenance & Engg Unlisted Engg. & Construction Facilities Management & EPC 3.90 1 Growth Rare Enterprises India-dedicated27.84 July-2006 http://www.a2zgroup.co.in Gurgaon NorthINR 18-Cr; Allotment to Rakesh Jhunjhunwala of 4,29,898 equity shares (FV INR 10) at INR 418.70 per share. Rakesh Jhunjhunwala joined the board in Sep-09. 64.65 1.84 8.62 15.39 http://www.moneycontrol.com/financials/a2zmaintenanceengineeringservices/profit-loss/AME02#AME02A2Z Maintenance & Engg Unlisted Engg. & Construction Facilities Management & EPC 0.60 Growth Rare Enterprises India-dedicated2.82 July-2007 http://www.a2zgroup.co.in Gurgaon NorthINR 2.26 Cr. Allotment of 45,000 equity shares (FV INR 10), to Rakesh Jhunjhunwala, pursuant to conversion of 45,000 share warrants, at INR 502.44 per share. http://www.moneycontrol.com/financials/a2zmaintenanceengineeringservices/profit-loss/AME02#AME02Aadhar Housing Finance Unlisted BFSI NBFC (Home Loans) 4.32Growth IFC Foreign 20.00 February-2010 https://www.dhfl.com MumbaiWest INR 20-Cr. IFC subscribed to 20,000,000 equity shares of Rs.10 each. Aadhar Housing is the subsidiary of Dewan Housing Finance Corp. DHFL holds 49.9 million equity shares (49.9 % stake, as of Dec-10) in the target. The rest is held by DHFL Vysya Housing Finance and Kapil Wadhawan. http://www.bseindia.com/stockinfo/anndet.aspx?newsid={DDA16B9B-DDDC-4263-A98E-F147D1ACE4AE}m1=1 100.00Aarohi Systems Unlisted IT & ITES Storage Networking 0.501 Early JumpStartUp India-dedicated October-2001San Jose Overseas Part of a $15 mn co-investment round led by US based TeleSoft Partners and Broadview Venture Partners http://www.JumpStartUp.net/press_releases1.htmlAarvee Information Systems Unlisted IT & ITES ERP Software0.10 1 Growth SIDBI VC India-dedicated April-2000Bangalore South Investment of Rs.40 Lakhs as equity along with Rs.50 lakhs as debt componentAasaanjobs Unlisted IT & ITES Online Services (Classifieds - Jobs - Entry Level) 1.52 1 Early IDG Ventures India, Inventus Capital Partners, Others India-dedicated 27.00 January-2015 http://aasaanjobs.com/ Mumbai West Samvad Partners(L) INR 9.46 Cr IDG Ventures via IDG Ventures India Fund II LLC and Pandara Trust Scheme I invested INR 4.73 Cr Inventus Capital Partners Fund II Limited invested INR 4.73 Cr Pricing details: Equity shares: FV Rs.1; Issue price Rs.1691.82 Series A CCPS: FV Rs.1; Issue price Rs.1691.82 Issue of 100 equity shares and 27874 Series A CCPS to IDG Ventures and Inventus Capital each. Aasaanjobs is a job portal specialising on entry-level work like data entry operators, back office works, accountants, etc. It will use the funding to hire staff and ramp up product development. http://articles.economictimes.indiatimes.com/2015-01-24/news/58408392_1_idg-ventures-india-inventus-capital-job-market 35.04Abhay Cotex Unlisted Agri-business Seeds (Cotton) 6.00 1Early SEAF India-dedicated 16.91 August-2011 http://www.abhaycpl.comJalna West Nishith Desai Associates(L) INR 26-Cr Investment via SEAF India Agribusiness International Fund Pricing details: Equity = FV Rs.10; Issue price Rs.208 CCPS = FV RS.100; Issue price Rs.100 Issue of 625,000 equity shares and 1,300,000 CCPS to SEAF India Agribusiness International Fund The initial conversion price for the CCPS to equity share is Rs.406 per share Funds will be used to support the establishment of the cos second processing plant. As of Feb-11, ACPL s capacity stood at 180,000 tonnes per annum and had a utilisation of 53 per cent. Target also produces cattle feed from cotton seeds with proprietary technology which increases protein content from 20% to 40% there by increasing the milk yield in cattle by 15%. http://seaf.com/index.php?option=com_content&view=article&id=706&catid=27&Itemid=114=en 153.75 1.6610.26 34.57 Valuation Multiples based on FY11 Financials.abreakplease.com Unlisted IT & ITES Online Services (Travel)0.05 1 Early India Internet Fund, Others India-dedicated 14.00December-2012 http://www.abreakplease.com/ Mumbai WestINR 0.17 Cr. Others = Rajan Anandan. Issue of 1,944 equity shares at Rs.899.6 to India Internet Group LLC. Co name = abreakplease Holidays & Leisures Pvt Ltd http://theindiainternetgroup.com/Portfolio.html 1.25abreakplease.com Unlisted IT & ITES Online Services (Travel)0.03 2 Early India Internet Fund India-dedicated 8.33 July-2013 http://www.abreakplease.com/ Mumbai West INR 0.125 Cr. Pricing details: Equity share Fv Rs 10, Issue price 899.93 Issue of 1,389 equity shares at Rs.899.93 to India Internet Group LLC. Post this allotment IIF holds 3,333 shares for a 20% stake in the Target. Co name = abreakplease Holidays & Leisures Pvt Ltd. 1.50 Valuation multiples are not meaningfulAccutest Research Labs Unlisted Healthcare & Life Sciences CRO3.60 1 Growth Abraaj Group India-dedicated 34.00 June-2006http://www.accutestlab.com Mumbai West 48.73Ace2three.com Unlisted IT & ITES Online Services (Gaming)1.58 1 Early Matrix Partners India India-dedicated 30.20 December-2010 http://www.ace2three.com Hyderabad SouthINR 7-Cr. Primary Infusion (via CCPS) & Secondary Purchase of equity shares from existing shareholders. Investment via Matrix Partners India Investment Holdings LLC and Matrix Partners India Investments LLC. Issue of 110,000 Series A CCCPPS (FV Rs.10, Issue price Rs.363.64) to Matrix Partners. Purchase of 83,400 Class B equity shares from existing shareholders. Dividend of 12% is payable on the issue price of the preference shares. These preference shares are entitled to be converted in the ratio of 1:1. Co name - Head Infotech India Pvt Ltd. 23.29 38.61 Valuation Multiple based on FY10 Financials. EBITDA and PAT are not meaningful.Achira Labs Unlisted Healthcare & Life Sciences Diagnostic Services 2.00 1 Early Nadathur Holdings India-dedicated 70.00December-2009 http://www.achiralabs.com/index.html Bangalore SouthINR 8.06 Cr Investment made over multiple tranches between Dec 2009 and Mar 2012 Pricing details: Equity = FV Rs.10; Issue price Rs.40 Preference share = FV Rs.10; Issue price Rs.100 In Dec 2009, issue of 1000 equity share to Nadathur In Mar 2011, issue of 726,447 equity shares to Nadathur In Mar 2012, issue of 442,000 equity shares and 338,210 OCRPS to Nadathur http://www.achiralabs.com/investors.html 11.50ACL Wireless Unlisted IT & ITES Mobile VAS 1.00 1Early Inter-Asia Venture Management Foreign July-2002 http://www.acl-wireless.com/ Noida North TelecomActivityHero Unlisted IT & ITES Online Services (Marketplace - Out of School Activities) 2.20 1 Early Inventus Capital Partners, Others Co-Investment September-2014 http://www.activityhero.com/#sthash.zxYd5sZf.dpuf San Jose, CA (USA) Overseas$2.2 million Series A round in ActivityHero, an online portal that connects parents with after-school activity providers and summer camps. The funding includes participation from Inventus Capital Partners and startup accelerator 500 startups.Ad2Pro Unlisted IT & ITES BPO (Advertising) 2.50 1Early Ventureast India-dedicated 38.46 February-2008 http://www.2adpro.com Bangalore South INR 10.35 Cr Investment via Ventureast Proactive Fund and Ventureast Sedco Proactive Fund Investment made over Two Tranches FIRST TRANCHE: (Feb 2008, INR 7.93 Cr) Pricing details: Equity = FV Rs.10; Issue price Rs.87.98 CCCPS = FV Rs.10; Issue price Rs.87.98 Issue of 100 equity shares and 612,957 CCCPS to Ventureast Proactive Fund Issue o f100 equity shares and 288,397 CCCPS to Ventureast Sedco Proactive Fund SECOND TRANCHE: (Dec 2008, INR 2.42 Cr) Pricing details: Equity = FV Rs.10; Issue price Rs.87.98 CCCPS = FV Rs.10; Issue price Rs.107.38 Issue of 50 equity shares and 153,211 CCCPS to Ventureast Proactive Fund Issue of 50 equity shares and 72,078 CCCPS to Ventureast Sedco Proactive Fund The initial conversion ratio for CCCPS to equity share is 1:1 Post second tranche the company created ESOP Pool of 270,466 equity shares which accounts for 9.23% stake of the company. 26.912.29 Revenue Multiple based on FY09 Financials. EBITDA and PAT Multiples are not meaningful (negative).Adamya Computing Technologies Unlisted IT & ITES IT Services (Bluetooth) 1.00 1 Early Infinity Ventures India-dedicatedMarch-2001 http://www.adamya.com Bangalore SouthAdepto Solutions Unlisted IT & ITES Online Services (Social Media Apps) 0.30 1 Early Blume Ventures, Others India-dedicatedJune-2011 http://adepto.in/ Mumbai West Karthik Reddy from Blume Ventures and Rajiv Dadlani have joined the Adepto board. Adepto operates Trol.ly, which works as a social commerce solution to online retailers, helping them improve sales via social networks. The funds raised will be used for expansion, product development, hiring and for working on a product for the travel vertical which it plans to release this year. Adepto is also working on products for the media and entertainment verticals. In Sep-13, digital technology firm Kuliza Technologies acquired social marketing platform Crowdnub from Adepto. Crowdnub will be renamed MobiChirp and become part of Kulizas suite of social and mobile offerings. The deal was a technology acquisition and did not involve transfer of any human resources.AdNear Unlisted IT & ITES Mobile VAS (Location Based Ads) 6.402 Early Sequoia Capital India, Canaan Partners Co-InvestmentNovember-2012 http://adnear.com Singapore OverseasINR 35 Cr. The funds will be used to expand its presence across the Asia-Pacific region, including Australia and New Zealand, as well as towards building its team. Target provides location based mobile advertising and currently serves serves clients in India, Singapore, Australia, and other Asia-Pacific countries. The company had shifted its headquarters from Bangalore to Singapore in Oct-12. The Indian subsidiary of the target, Imere Technologies Private Limited, had raised capital from Nasdaq-listed online content firm Rediff.com in 2009. Rediff.com reported in May 2013 that it had sold its stake in Imere for $1.14 M. http://www.adnear.com/investorsAdNear Unlisted IT & ITES Mobile VAS (Location Based Ads) 19.002 Early Sequoia Capital India, Canaan Partners, Telstra Ventures, Global Brain Co-Investment October-2014 http://adnear.com Singapore Overseas Proceeds to be used for expansion into multiple new markets. http://www.globalbrains.co.jp/english/news/gb/2014_08.html ; http://www.nextbigwhat.com/adnear-funding-seriesb-297/AdPushup Unlisted IT & ITES Online Services (Advertising - Testing) 0.63 Seed Early Kima Ventures, Others Foreign October-2014 http://www.adpushup.com/ Delhi North Target provides A/B testing that integrates with ad networks. Others = angel investors including Wingify founder Paras Chopra, SlideShare co-founder Amit Ranjan, LinkedIn director of technology Jonathan Boutelle, Yahoo! principal data engineer and architect Sachin Arora, WebEngage founder Avlesh Singh and CouponDunia founder Sameer Parwan. http://techcrunch.com/2014/10/29/adpushup/Adventity Unlisted IT & ITES BPO (Financial Research)1.93 2 Early Norwest, Others Foreign 3.50 January-2009http://www.adventity.com Mumbai West INR 9.41 Cr. Follow on Investment Norwest Venture Partners FCCI Mauritius invested INR 7.82 Cr for 3.01% stake Others (CIBC WMC) invested INR 1.60 Cr for 0.49% stake Pricing details: Preference Shares = FV Rs.128, issue price Rs.128 On 27 Jan 2009, Issue of 362486 Series B preference shares to Norwest Issue of 124731 Series B preference shares to Others Conversion of Debentures to 406687 Series B preference shares to Norwest On May 7, 2010, 2109560 Series B preference shares are converted into 2454761 equity shares. 268.84 1.84 Revenue multiple is based on FY 09 financials. EBITDA & PAT multiples are not meaningfulAeon Communication Unlisted IT & ITES Online Services 1.80Early Intel Capital Foreign 35.00 December-2011 BangaloreSouth INR 9 Cr. The investment is to happen in 2 tranches of INR 4.5 Cr each. Pricing Details:Tranche 1: Each CCPS: FV-Rs.10 ; Issue Price:138.85. Tranche 2: Each CCPS: FV-Rs.10 ; Issue Price:173.54 First Tranche: Intel Capital will subcribe to 324,100 Series A CCPS. Second Tranche: Intel Capital will subscribe to 259,300 Series A1 CCPS. The Series A CCPS are convertible in 1:1 ratio. 25.71Aero Facility India Unlisted Travel & Transport Aviation (MRO)13.00 Growth Unknown Foreign September-2011Mumbai West INR 60 Cr. Investment by a mid-east sovereign wealth fund into the new entity of Aero Turbines; The fund will exit after 4 years at the time of the company s proposed IPO.Agencyfaqs Unlisted Media & Entertainment Publishing (Magazine - Advertising) 0.49 2 Growth Seedfund India-dedicated 34.88August-2007 http://www.agencyfaqs.com Delhi NorthINR 1.96 Cr Investment via India Seed Investment Trust Primary Infusion: INR 0.30 Cr Pricing details: Equity Shares = FV Rs.10, issue price Rs.640.61 On Aug 9, 2007, Issue of 4683 equity shares to India Seed Investment Trust Secondary Purchase: INR 1.66 Cr Transfer of 2761 equity shares from promoters to India Seed Investment Trust Transfer of 23100 equity shares from Infinity Ventures to India Seed Investment Trust Pravin Ratilal Gandhi from Seedfund joined the board 5.61 0.93 Revenue multiple is based on FY 07 financials. EBITDA & PAT multiples are not meaningfulAgencyfaqs Unlisted Media & Entertainment Publishing (Magazine - Advertising) 0.56 1 Early Infinity Ventures India-dedicated27.87 July-2000 http://www.agencyfaqs.com Delhi NorthINR 2.49 Cr 8.87 4.98 Revenue Multiple based on FY04 Financials.Agile Financial Technologies Unlisted IT & ITES Enterprise Software (Financial) 5.70 1 Early IDG Ventures India India-dedicatedMay-2011 http://www.agile-ft.com Mumbai West Existing investors also invested $1-M alongside IDG. Founder Kalpesh Desai earlier founded Xmediaries which was acquired by 3i Infotech. http://www.agile-ft.com/index.php?option=com_content&view=article&task=view&id=232&Itemid=29AgreeYa Mobility Unlisted IT & ITES Enterprise Software (Mobility), Security Tech (Mobility) 1 Early Saama CapitalIndia-dedicated March-2013 http://www.agreeyamobility.net Mountain View Overseas Lexygen(L) Target is an enterprise-mobility and mobile-SI company. The funding will help to expand the market share of targets nterprise mobility product, Onvelop. Target was founded in 2011 and has development centers in the US, Canada, Poland, India, China and South Korea. http://www.marketwire.com/press-release/agreeya-mobility-raises-new-funding-for-its-enterprise-mobility-product-onvelop-1769677.htm(Airviz) Unlisted IT & ITES IT Products (M2M Communications - Remote Monitoring - Air Quality) 2.00 1 Early Infosys Innovation Fund India-dedicated April-2015 http://macroairfans.com/airviz/ San Bernardino, CA (USA) Overseas Infosys has made an investment of $2 million for a minority stake in Airviz a personal air quality monitoring startup and spinout from Carnegie Mellon University. http://www.infosys.com/newsroom/press-releases/Pages/air-quality-monitoring-pioneer.aspxAirwoot Unlisted IT & ITES Enterprise Software (CRM - Social Network Integration) 1 Early Kae Capital, Others India-dedicated August-2013 http://www.airwoot.com/ Delhi NorthOthers = Rajan Anandan, Sasha Mirchandani, Sunil Kalra and Samir Sood. The company, which enables businesses to engage with their customers in real-time, will use the funding to develop technology and hire talent. It was part of the Dec-12 batch of accelarator The Morpheus. Co Name = Memeticlabs Technologies Private Limited http://bit.ly/16BF5GtAizant Drug Research Solutions Unlisted Healthcare & Life SciencesCRO 5.00 1 Growth Zephyr Peacock India-dedicated 22.85 January-2011 http://www.aizant.com Hyderabad South Aarayaa Cross Border Advisors(T) INR 23.50 Cr Investment over Two Tranches FIRST TRANCHE: (Jan 2011, INR 12 Cr) Issue of 600 equity shares (FV Rs.10; Issue price Rs.30) and 12,000,000 CCDs at Rs.10 to Zephyr Peacock SECOND TRANCHE: (Jan 2012, INR 11.50 Cr) Issue of 11,500,000 CCDs at Rs.10 to Zephyr Peacock On Dec 1, 2012, the first tranche CCDs were converted to 2,132,739 equity shares at a conversion price of Rs.56.27 per share. On Aug 16, 2013, the second tranche CCDs were converted to 2,510,469 equity shares at a conversion price of Rs.45.81 per share. 102.87 2.76 7.24 11.34 Valuation Multiples based on FY12 Financials.Akosha Unlisted IT & ITES Online Services (Utility - Consumer Complaints Forum) 1.00 1-A Early Sequoia Capital India India-dedicated18.00 January-2013 http://www.akosha.com/ Delhi NorthINR 5.05 Cr Investment via Sequoia Capital India Investment Holdings III Pricing details: Series A1 CCPS = FV Rs.100; Issue price Rs.12365.43 Issue of 4,083 Series A1 CCPS to Sequoia Capital India 28.00Valuation multiples are not meaningful.Akosha Unlisted IT & ITES Online Services (Utility - Consumer Complaints Forum) 0.20 1 Early Sequoia Capital India India-dedicated20.00 September-2011 http://www.akosha.com/ Delhi NorthInvestment via Sequoia Capital India Investment Holdings III Pricing details: Series A Equity Shares = FV Rs.100; Issue price Rs.3011.48 Series A CCPS = FV Rs.10; Issue price Rs.3017.8 Issue of 1 Series A equity share and 3,265 Series A CCP to Sequoia Capital India Target is an online consumer forum platform for consumers to lodge their complaints against any brand in India. Through their online consumer complaint platform, they help brands and consumers in giving timely resolutions to complaints. 4.92 Valuation multiples are not meaningful.Akosha Unlisted IT & ITES Online Services (Utility - Consumer Complaints Forum) 4.00 2 Early Sequoia Capital India, Others India-dedicated 29.85 June-2014 http://www.akosha.com/ Delhi NorthINR 23.88 Cr Sequoia Capital India, via Sequoia Capital India Investments IV, invested INR 23.04 Cr Others (Ajay Agarwal and Harminder Sahni) invested INR 0.84 Cr Pricing details: Series A2 CCCPS = FV Rs.100; Issue price Rs. 24112.27787 On Jun 2014: Issue of 9,555 Series A2 CCCPS to Sequoia Capital India Issue of 245 Series A2 CCCPS to Ajay Agarwal and 104 Series A2 CCCPS to Harminder Sahni The initial conversion ratio for the Series A2 CCCPS is 1:1 The funding will be used to invest in technology and to expand the company s OneDirect Suite of enterprise solutions like customer service benchmarking, online feedback CRM, and reputation management solutions. http://www.nextbigwhat.com/akosha-funding-297/ 80.00 Company made revenue of INR 0.47 Cr for FY13. Hence Valuation Multiples are not meaningful.Akosha Unlisted IT & ITES Online Services (Utility - Consumer Complaints Forum) 16.00 3 Growth Sequoia Capital India, Ru-Net HoldingsIndia-dedicated May-2015 http://www.akosha.com/ Delhi NorthINR 100 Cr is the investment committed INR 85.80 Cr has been invested so far Sequoia Capital via Sequoia Capital India Investments IV invested INR 63.56 Cr Ru-Net holdings, via Kersiwood South Asia and Ru-Net South Asia, invested INR 22.24 Cr Pricing details: Equity: FV Rs.10; Issue price Rs. 167223.71 Series B CCPS: FV Rs.100; Issue price Rs. 167223.71 On Jun 08, 2015, Issue of 3801 Series B CCPS to Sequoia Capital India Issue of 10 equity shares and 1320 Series B CCPS to Ru-Net Holdings The initial conversion ratio for Series B CCPS is 1:1 The investor made the investment at a Pre-money valuation of INR 571.98 Cr Target employs about 250 people and plans to double its headcount this year with this funding. The company is in the process of moving its entire operations from Delhi to Bangalore. http://epaperbeta.timesofindia.com/Article.aspx?eid=31818&articlexml=Akosha-Raises-Rs-100-cr-Plans-to-Double-19052015007028 657.78The company generated revenue of INR 1.26 Cr in FY 2014. Hence multiples are not meaningful.Alabot Unlisted IT & ITES IT Products (Artificial Intelligence)1 Early Undisclosed Foreign July-2009 http://www.alabot.com/ Pune West Funding obtained from a global innovation fund.Albireo Telematics Unlisted IT & ITES Enterprise Software (Geo-Data Acquisition) Growth Global Asia Partners ForeignMarch-2011 http://www.albireo.in/ Delhi North Target is a geo data acquisition company that provides high resolution, large scale digital map data using hybrid technologies such as aerial photography, satellite imagery and ground survey. Albireo also provides the Eagle 3.0 Map Server software which serves vector map data to various clients like, web browsers, thin clients for cell phones, Windows Mobile and Windows CE. http://gapvc.com/portfolio.htmlAlgorhythm Unlisted IT & ITES Enterprise Software (SCM)0.40 1 Early Ladderup, Others India-dedicated 18.18 July-2010 http://www.algorhythm.co.in Pune West INR 2-Cr Ladderup invested INR 5 Lakhs Others invested INR 1.95 Cr Pricing details: Equity = FV Rs.10; Issue price Rs.375 Preference = FV Rs.10; Issue price Rs.375 Issue of 15 equity shares and 1319 preference shares to Ladderup Issue of 511 equity shares and 51497 preference shares to Others Others = Mumbai Angels. Mumbai Angels including Anand Ladsariya, Karthik Reddy, Anand Jhaveri, Harshad Lahoti etc invested closed to INR 1.95 Lakhs http://www.ladderup.com/venture-capital-investments.htm 11.00 3.54 25.58 47.82 Valuation Multiples based on FY09 Financials.AllGreen Energy Unlisted Energy Renewable Power Projects (Biomass)15.00 1 Early Reliance Venture, Others Co-InvestmentJanuary-2011 http://www.allgreenenergy.net Bangalore South J Sagar Associates(L) Majmudar & Partners(L) INR 70 cr; Others = GE. Reliance Venture invested $12M. 42.52Allsec Technologies Unlisted IT & ITES BPO (Call Center)3.08 1 Early Kotak PE, EurIndia India-dedicated 47.18 April-2002 http://www.allsectech.com Chennai South INR 13.49 Cr Euronet invested INR 8.49 Cr for 26.44% stake. Kotak PE invested INR 5-Cr for 20.74% stake. Pricing details: Equity = FV Rs.10; Issue price Rs.30 CCPS = FV Rs.100; Issue price Rs.100 FIRST TRANCHE: (Apr 2002, INR 6.74 Cr) Issue of 17,500 equity shares and 419,125 CCPS to Euronet Issue of 10,000 equity shares and 247,000 CCPS to Kotak PE SECOND TRANCHE: (Jun 2002, INR 6.74 Cr) Issue of 17,500 equity shares and 419,125 CCPS to Euronet Issue of 10,000 equity shares and 247,000 CCPS to Kotak PE On Jan 14, 2005, all the CCPS were converted to equity shares in the following manner: 838,250 CCPS of Euronet were converted to equity shares at a conversion price of Rs.39.60 per share. Accordingly 2,117,317 equity shares were issued to Euronet. 494,000 CCPS of Kotak PE were converted to equity shares at a conversion price of Rs.29.61 per share. Accordingly 1,668,092 equity shares were issued to Kotak PE. 28.60 http://www.moneycontrol.com/financials/allsectechnologies/profit-loss/ALL01#ALL01AlmaConnect Unlisted IT & ITES Online Services (Community - Alumni Portal) 0.14 1 Early Ixora Ventures, Others India-dedicated14.71 September-2012 http://www.almaconnect.com Mumbai WestINR 0.78 Cr Others = CIIEIIM Ahmedabad, Ixigo co-founder Dharmendra Yashovardhan and other angel investors Pricing details: Equity Shares = FV Rs.10, issue price Rs.4255 Preference Shares = FV Rs.10, issue price Rs.4255 On Feb 4, 2013, issue of 10 equity shares and 342 preference shares to Others On Mar 28, 2013, Issue of 10 equity shares and 270 preference shares to Ixora Ventures Issue of 60 equity shares and 1141 preference shares to Others http://www.medianama.com/2013/03/223-almaconnect-investment/ 5.30 Valuation multiples are not meaningfulAlok Retail Unlisted Retail Furnishing & Fixtures (Home Textiles)10.00 Growth Asiabridge Foreign 33.00 January-2010 http://alokind.com Mumbai West INR 45 Cr. Alok Retail is 100% subsidiary of listed firm Alok Industries. Alok Retail plans to have a 1,000 store network in the next four years from the present 154. Formerly known as Alok Homes & Apparel Pvt Ltd. http://bseindia.com/qresann/news.asp?newsid={B82E58A2-92FA-4DC8-95AC-BA1EC8A49DD0}m1=1 136.36Altizon Systems Unlisted IT & ITES IT Products (M2M Communications - Remote Monitoring) Seed Early Infuse Ventures, Persistent Venturs, Others India-dedicated September-2014 http://altizon.com/West Nishith Desai Associates(L) Others = data analytics focused incubator, The Hive, which led the round. Altizon Systems which offers solutions for enterprises adopting the Internet of Things (IoT) including for remote monitoring of devices. Persistent Ventures, an unit of publicly listed Persistent Systems, invested $100,000 (about INR 61 lakh) for a reported 4% stake. Nishith Desai Associates, acted as the legal counsel to Hive. http://altizon.com/altizon-systems-announces-closure-seed-funding-global-vc-firm-hive-leading-round-along-infuse-ventures-persistent-ventures/Altruist Technologies Unlisted IT & ITES Mobile VAS (Social Networking) 0.00 1 Early Norwest, Nexus Venture Partners, OthersCo-Investment 10.00 June-2009 http://www.altruistindia.com/ Chandigarh North Investors picked up stake in the target through the merger of their existing portfolio company, Mobile2win, into th target. Altruist Technologies, started in the year 2005, provides Mobile Social Networking tools to consumers in India, Indonesia, Nigeria and other geographies. Besides its flagship voice based mobile social network it runs jobs on phone, manages end to end the mobile/digital strategy for multiple media clients and brands, hosts and manages voice infrastructure for leading content owners and distributors.http://mobile2win.comAltruist Technologies Unlisted IT & ITES Mobile VAS (Social Networking) 0.00 2 Growth JAFCO Asia, WestBridge Co-InvestmentAugust-2014 http://www.altruistindia.com/ Chandigarh NorthInvestors picked up minority stake in the target through the merger of their existing portfolio company, Bubbly (formerly Bubble Motion), into the target. Altruist Technologies, started in the year 2005, provides Mobile Social Networking tools to consumers in India, Indonesia, Nigeria and other geographies. http://bit.ly/XL5phTAmagi Media Labs Unlisted Media & Entertainment Media Tech (Local Ads Targeting) 5.00 2 Early Nadathur Holdings India-dedicated 42.37 August-2011 http://www.amagi.com Bangalore SouthINR 25 Cr Investment via Kalpa Partners Pricing details: Equity Shares = FV Rs.10, issue price Rs.1232.26 On 30th Mar 2012, issue of 202880 class B equity shares to Kalpa Partners 59.00 Valuation multiples are not meaningfulAmagi Media Labs Unlisted Media & Entertainment Media Tech (Local Ads Targeting) 2.50 1 Early Nadathur Holdings India-dedicated 33.50 November-2009 http://www.amagi.com Bangalore SouthINR 11.91 Cr Investment via Kalpa Partners Pricing details: Equity Shares = FV Rs.10, issue price Rs.1288.99 On 1st Oct 2009, issue of 92433 class B equity shares to Kalpa Partners Nadathur Srinivasa Raghavan from Kalpa Partners joined the board 35.57 Valuation multiples are not meaningfulAmagi Media Labs Unlisted Media & Entertainment Media Tech (Local Ads Targeting) 5.13 3 Growth Mayfield, Nadathur HoldingsIndia-dedicated 28.41 June-2013 http://www.amagi.com BangaloreSouth Dua Associates(L) Economic Laws Practice(L) INR 31.25 Cr Nadathur Holdings via Kalpa Partners invested INR 3.75 Cr Mayfield invested INR 27.5 Cr Investment via 3 tranches Pricing details: Equity Shares = FV Rs.10, issue price Rs.1423.5821 Preference Shares = FV Rs.10, issue price Rs. 1489.62 On May 8, 2013, issue of 26342 class B equity shares to Nadathur Holdings On June 5, 2013, issue of 100697 preference shares to Mayfield On Aug 29, 2013, issue of 50349 preference shares to Mayfield On Nov 26, 2013, issue of 33565 preference shares to Mayfield Vikram Godse from Mayfield joined the board http://bit.ly/17SEL91 110.00 7.71 Revenue multiple is based on FY 13 financials. EBITDA & PAT multiples are not meaningfulAmagi Media Labs Unlisted Media & Entertainment Media Tech (Local Ads Targeting) 5.06 4 Growth Mayfield, PremjiInvest India-dedicated 15.79 June-2014 http://www.amagi.com Bangalore SouthINR 30 Cr PremjiInvest, via PI Opportunities Fund - I, invested INR 22 Cr Mayfield, via Mayfield FVCI, invested INR 8 Cr Pricing details: Equity Shares = FV Rs. 10, Issue price Rs. 2166.72 CCPS & OCPS = FV Rs. 100, Issue price RS. 2166.72 On Jun 12, 2014: Issue of 100 equity shares and 1,01,436 OCPS to PremjiInvest Issue of 100 equity shares and 36,822 CCPS to Mayfield Atul Gupta from PremjiInvest joined the board. 190.00Amalgamated Bean Coffee Unlisted Food & Beverages Restaurants (Coffee Pub) 15.00 1 Growth PineBridge Foreign 40.00 November-2002 http://www.coffeeday.com Bangalore SouthINR 57.58 Cr Investment made via AOF Mauritius Issue of 41,333,333 ROCCPS to AOF Mauritius 143.94Amba Research Unlisted IT & ITES BPO (Financial Research)10.00 1 Early Helion Ventures India-dedicated June-2007 http://www.ambaresearch.com Bangalore SouthAmelio Child Care Unlisted Education Pre-schools 0.501 Early Equity Management Associates, Others Foreign 31.77 November-2008 http://www.ameliochildcare.com/ Chennai South INR 2.2 Cr. Equity Management Associates, via EMA Garp Fund, invested INR 1.43 Cr, while other individual angel investors invested INR 0.77 Cr. Pricing Details: Each CCPS: FV-Re.1; Issue Price-Rs.403.3 Equity Management Associates (and its affiliates) subscribed to 35,455 CCPS. Individual investors subscribed to 19,092 CCPS. The CCPS are entitled to be converted in 1:1 ratio. The company has an ESOP pool constituting 10% of the share capital on a fully diluted basis. Post deal SHP: Promoters: 58.23% stake. Equity Management Associates: 20.65% stake. Individual Investors: 11.12% stake. ESOP: 10% stake. Richard Kosowsky of Equity Management Associates joined the board. http://www.ameliochildcare.com/about_us.php 6.93 41.87 Based on FY09 financials. EBITDA & PAT multiples not meaningful.Ameyo Unlisted IT & ITES Enterprise Software (CRM - Call Center)5.00 1 Early Forum Synergies India-dedicated July-2015 http://www.ameyo.com/ Gurgaon North Zanskar Advisors(T)Drishti, a Gurgaon-based provider of call center software under the brand Ameyo, has raised $5 million (INR 30 crore) in Series A funding from Forum Synergies through its IKMF-I fund. Samir Inamdar, MD and CEO of Forum Synergies, will join Drishtis board. http://timesofindia.indiatimes.com/articleshow/48047543.cmsAmmis Biryani Unlisted Food & Beverages Restaurants 7.201 Early SAIF Foreign June-2012 http://ammisbiryani.comBangalore South Link Legal(L),Creedcap Asia(T) INR 40 Cr is the investment commitment SAIF via Zooropa Foods Pvt Ltd invested INR 22.25 Cr so far for 65.22% stake Tranche 1: INR 13 Cr Pricing details: Preference Shares = FV Rs.10, issue price Rs.2182.93 On July 29, 2012, issue of 50391 preference shares to SAIF On Aug 8, 2012, issue of 9162 preference shares to SAIF Tranche 2: INR 9.25 Cr On July 17, 2013, issue of 27255 preference shares to SAIF at Rs. 1834.54 per share On Nov 19, 2013, issue of 20579 preference shares to SAIF at Rs. 2065.21 per share Initial conversion ratio of preference shares to equity shares is 1:1 Vishal Sood from SAIF joined the board Co Name TMA Hospitality Services Pvt Ltd 52.50 6.08 Revenue multiple is based on FY 13 financials. EBITDA & PAT multiples are not meaningful.Amoeba Telecom Unlisted IT & ITES Telecom Software 1.501 Early Intel Capital, GE Capital Foreign August-2000http://www.amoebatel.com/ Coimbatore SouthAmpere Vehicles Unlisted Manufacturing Automobiles (Electric Vehicles - 2 Wheelers) 3.37 1 Growth Forum Synergies , Others India-dedicated July-2013 http://www.ampvl.com Coimbatore SouthINR 20 Cr is the investment commitment (reported) Investment will happen over tranches Investment via Forum Synergies India Trust and IMI Investments One Limited (Axon-Forum Synergies India Opportunities Fund) Pricing details: Equity = FV Rs.10; Issue price Rs. 44.52 FIRST TRANCHE: (Aug 2013, INR 5-Cr, stake 25%) Issue of 5 Class A equity shares and 561,496 equity shares to Forum Synergies India Trust Issue of 5 Class A equity shares and 561,496 equity shares to IMI Investments One Limited SECOND TRANCHE: (Yet to happen, INR 2-Cr) THIRD TRANCHE: (Yet to happen) Hemchandra Javeri of Forum Synergies and Francisco Velzquez de Cuellar of Axon-Forum Synergies India Opportunities Fund the board The company will use the funding to scale up production, distribution and sales network. Registered name of the target is AMPERE VEHICLES PRIVATE LIMITED (U51900TZ2008PTC017628). http://bit.ly/1923458 20.00 1.85 Revenue Multiple based on FY12 Financials. EBITDA and PAT Multiples are not meaningful. Company Valuation is based on FIRST TRANCHE investment alone (Post-money of first tranche).Ampere Vehicles Unlisted Manufacturing Automobiles (Electric Vehicles - 2 Wheelers) Growth Ratan Tata, Forum Synergies India-dedicated July-2015 http://www.ampvl.com Coimbatore SouthRatan Tata has invested in Ampere, a Coimbatore-based electric vehicle start-up. Amperes existing investor, Forum Synergies, also participated in the funding. The start-up will use the funds to scale up operations and hire talent. http://www.thehindu.com/business/Industry/ratan-tata-bets-big-on-electric-vehicle-company-ampere-in-coimbatore/article7396545.eceAmrit Jal Venture Unlisted Energy Renewable Power Projects (Hydel)7.50 Growth Small is Beautiful India-dedicated December-2006 Hyderabad SouthAmrita Therapeutics Unlisted Healthcare & Life Sciences Pharmaceuticals (Cancer) 0.13 1 Early GVFL India-dedicated 59.02January-2009 http://www.amritatherapeutics.com Ahmedabad WestINR 57.50 Lakhs. Investments via Gujarat Biotechnology Venture Fund. Issue of 575,000 equity shares at par to GVFL. http://www.gvfl.com/recentdevelopment.htm 0.93 Company is still in the project implementation stageAnantara Solutions Unlisted IT & ITES IT Services 6.501 Early Helion Ventures, Walden International, Saama Capital, OthersCo-Investment 39.40 January-2007 http://www.anantsol.com Chennai SouthMosaic Capital(T) $ 6.50 million was the investment commitment by Helion Ventures Investment over two tranches FIRST TRANCHE: ($3.25 Million) Issue of 197,000 equity shares to Helion Ventures SECOND TRANCHE: ($3.25 Million) Issue of 197,000 equity shares to Helion Ventures The company created CEO ESOP pool of 50,000 equity shares which would constitute 5% stake of the company on a fully diluted basis Walden International invested INR 2.78 Cr SVB invested INR 3.31 Cr Others = Christian Wedell. Lexygen has advised Walden International. 74.64 4.52 Revenue Multiple based on FY09 Financials. EBITDA and PAT Multiples are not meaningful.AND Designs Unlisted Textiles & Garments Branded Apparel (Menswear, Womenswear) 1.00 1 Growth Future Ventures India-dedicated15.00 November-2008 http://www.andindia.com Mumbai West Rajani Associates() INR 5 cr. Subscription to equity shares and fully convertible debentures. 32.51 1.27 13.67 49.95 Multiples based on FY09 numbersAnnapurna Microfinance Unlisted BFSI Microfinance 4.84 2Growth Incofin, Belgian Investment Company for Developing Countries Foreign35.85 March-2014 http://annapurnamicrofinance.com BhubaneswarEast INR 30 Cr BIO invested INR 25 Cr Incofin via Rural Impulse Fund II invested INR 5 Cr Pricing details: Equity: FV Rs.10; Issue price Rs.25.83 CCD: FV Rs.10; Issue price Rs.10 On Mar 17, 2014, Issue of 1935734 equity shares and 20000000 CCDs to BIO Issue of 387147 equity shares and 4000000 CCDs to Incofin On Sep 30, 2014, 20000000 CCDs of Bio and 4000000 CCDs of Incofin were converted to 6091989 and 1218398 equity shares respectively at the conversion price of INR 32.83 per share. Post issue SHP (As if converted basis): Promoters: 23.67% Incofin: 31.89% BIO: 29.88% SIDBI: 6.87% ESOP/MSOP: 7.69% Price per share: INR 25.83 Book value per share (FY13): INR 15.48 P/B: 1.67 http://goo.gl/JtF2bv 83.66 3.23 4.37 19.97 Valuation multiples based on FY14 financials.Annapurna Microfinance Unlisted BFSI Microfinance 3.92 3Growth SIDBI VC India-dedicated 15.84 March-2015 http://annapurnamicrofinance.com Bhubaneswar East INR 25 Cr SIDBI Venture Capital via Samridhi Fund invested INR 25 Cr for stake 15.84% Pricing detail: Equity: FV Rs.10; Issue price Rs.44.76 CCCPS: FV Rs.100; Issue price Rs.100 In Mar 2015, issue of 239923 equity shares and 2400000 CCCPS to SIDBI VC In Jun 2015, 2400000 CCCPS were converted to 5361930 equity shares at conversion price 44.76 per share Post issue SHP (As if converted basis): Promoters: 17.98% Incofin: 24.23% BIO: 22.70% SIDBI: 5.22% SVCL: 15.84% ESOP/MSOP: 14.04% Price per share: INR 44.76 Book Value per share (FY14): INR 19.81 P/B: 2.26 http://ampl.net.in/news2.html 158.31 2.63 4.08 52.77 Valuation multiples based on FY15 financials.Annapurna Pet Unlisted Manufacturing Building Products (Plastics)0.09 1 Early Ladderup, Others India-dedicated 20.00 March-2012 Mumbai West INR 0.48 Cr Pricing details: Equity = FV Rs.10; Issue price Rs.100 On Mar 28, 2012, issue of 48,000 equity shares to Ladderup Sunil Goyal of Ladderup joined the board http://www.ladderup.com/venture-capital-investments.htm 2.40ANSR Consulting Unlisted Other Services Advisory Services (Consulting - Outsourcing) 9.00 1 Early Accel India India-dedicatedJune-2015 http://ansrconsulting.com/ Bangalore SouthANSR Consulting has raised $9 million (INR 54 crore) in a round led by Accel India and a clutch of family offices. ANSR helps Fortune 500 companies establish strategic offshore captive centres and has helped 18 global companies including Wells Fargo, Target, Time, SuperValu, Lowe s and L Brands to set up offshore captive centres. ANSR is also looking to bring 30-40 GICs (global in-house centres) into India in the next 5 years. http://timesofindia.indiatimes.com/business/india-business/Lalit-Ahuja-firm-gets-funds-from-Accel/articleshow/47606674.cmsANSR Consulting Unlisted Other Services Advisory Services (Consulting - Outsourcing) 1.40 1-A Early Infosys Innovation Fund India-dedicated 5.00 July-2015 http://ansrconsulting.com/ BangaloreSouth Infosys Innovation Fund has invested $1.4 million for a 5% stake in Bangalore-based ANSR Consulting, a Global In-house Center (GIC) strategy consulting and implementation firm, which helps global enterprises establish strategic service delivery and innovation capabilities. http://www.thehindu.com/business/innovate-in-india-fund-invests-in-ansr-consulting/article7448445.ece ; http://www.infosys.com/newsroom/press-releases/Pages/innovation-fund-global-in-house-center.aspxAntFarm Unlisted Other Services Business Incubator 2.00 1Early Bay Capital Investments, Hausela Capital Partners Co-Investment28.42 August-2014 http://antfarm.in/ Mumbai WestINR 12.49 Cr Pricing details: Equity = FV Rs.10; Issue price Rs.283.53 CCCPS = FV Rs.10; Issue price Rs.283.53 Issue of 88,533 equity shares and 351,948 CCCPS to the Investors Target Name = ANTFARM BUSINESS INCUBATOR PRIVATE LIMITED Launched in November 2012, AntFarm currently operates businesses like fashion label Stylista.com, travel portal Arrive.com and native advertising business Fork Media. The company had raised angel investment from BCCL (Times of India Group) CEO Ravi Dhariwal and former Tech Mahindra CEO Sanjay Kalra. AntFarm plans to use the Series A Funding to build new early stage ventures in the fitness, hyperlocal and mobile segments, grow upcoming businesses in the travel segment and strengthen its existing portfolio companies. http://www.medianama.com/2014/08/223-antfarm-series-a-funding/ 43.95Antuit Unlisted IT & ITES BPO (Data Analytics) 3.00 1Early Zodius Capital India-dedicated August-2013 http://www.antuit.com/ Bangalore South Neeraj Bhargava will join Antuit as chairman. Gautam Patel and Anuraag Srivastava have joined the board. Part of the investment has been used by Antuit, founded by Arijit Sengupta, to acquire a US-based analytics firm Marketwell in a part cash and stock deal. With this acquisition Antuit gets a presence in the US as well as access to 10 clients, of which three are fortune 500 companies. Antuit will initially target customers in CPG & Retail including E-commerce and Transportation & Logistics, with plans to build out new industry practices through strategic client relationships and acquisitions. http://bit.ly/13z2pkGAnunta Technology Management Services Unlisted IT & ITES IT Services (Managed Services Application Delivery) 2.75 1 Early Bessemer Foreign 35.33 January-2013 http://www.anuntatech.com MumbaiWest Khaitan & Co.(L) INR 16.50 Cr Bessemer Venture invested INR 16.5 Cr for 35% stake Pricing details: Equity Share and Series A CCPS: FV Rs.10; Issue price Rs.4950.5 Issue of 100 equity shares and 33230 CCPS to Bessemer Venture Target designs, creates and manages the data center infrastructure of customers with a focus on provisioning personalized desktops. The funding will help to build its product platform in its entirety, boost sales and marketing, and sell globally. http://www.anuntatech.com/images/stories/bessemer-anunta_pr_feb2013_final.pdf 46.70 9.42 Revenue multiple based on FY13, EBITDA and PAT multiples are not meaningful.Anunta Technology Management Services Unlisted IT & ITES IT Services (Managed Services Application Delivery) 1.67 2 Early Bessemer Foreign 7.88 June-2014 http://www.anuntatech.com MumbaiWest Khaitan & Co.(L) INR 10 Cr Bessemer Venture invested INR 9.77 Cr while others invested INR 0.33 Cr Pricing details Series A 1 CCPS: FV Rs.10; Issue price Rs.122.75 Issue of 795921 CCPS to Bessemer Venture Issue of 18664 CCPS to others Post Issue SHP: Bessemer Venture 40.25% Others 59.75% 126.95 8.60 Revenue multiple based on FY14, EBITDA and PAT multiples are not meaningful.Anupam GlobalSoft Unlisted IT & ITES IT Services 0.661 Early GVFL India-dedicated September-2000 http://www.anupam.net West Investment of Rs.3.04 CrApalya Technologies Unlisted IT & ITES Mobile VAS 3.001 Early IDG Ventures India, Qualcomm Ventures Co-Investment 41.76October-2009 http://www.apalya.com Hyderabad SouthINR 15-Cr Investment made over Two Tranches IDG Ventures invested INR 11.25 Cr. Qualcomm invested INR 3.75 Cr FIRST TRANCHE: (Apr 2010, INR 10 Cr, Stake 31.76%) Pricing details: Equity = FV Rs.10; Issue price Rs.541.876 Preference shares = FV Rs.10; Issue price Rs. 541.876 Issue of 1,384 equity shares and 137,024 1% CNCPS to IDG Ventures Issue of 461 equity shares and 45,675 1% CNCPS to Qualcomm SECOND TRANCHE: (Sep 2010, INR 5 Cr, Stake 10%) Pricing details: Equity = FV Rs.10; Issue price Rs.860 Preference shares = FV Rs.10; Issue price Rs.860 Issue of 436 equity shares and 43,143 1% CCNCPS to IDG Ventures Issue of 145 equity shares and 14,381 1% CCNCPS to Qualcomm The conversion ratio for preference share to equity share is 1:1 The company created ESOP Pool consists of 33,266 equity shares Post-Issue SHP: (As If Converted Basis) IDG Ventures - 31.32% Qualcomm - 10.44% Apalya had already received funding from Mumbai Angels and Singularity Ventures. 36.00 11.00Apalya Technologies Unlisted IT & ITES Mobile VAS 7.502 Growth Kalaari Capital, IDG Ventures India, Qualcomm Ventures Co-Investment 31.15 June-2010 http://www.apalya.com Hyderabad SouthK Law(L) INR 33.25 Cr Investment made over Two Tranches IndoUS invested INR 23.34 Cr. IDG Ventures invested INR 7.44 Cr. Qualcomm invested INR 2.48 Cr FIRST TRANCHE: (Jan 2011, INR 26.22 Cr) Issue of 429 equity shares and 42,419 0.1% CCNCPS to IDG Ventures Issue of 143 equity shares and 14,140 0.1% CCNCPS to Qualcomm Issue of 1,541 equity shares and 152,595 0.1% CCNCPS to IndoUS Ventures SECOND TRANCHE: (May 2011, INR 7.03 Cr) Pricing details: Preference shares = FV Rs.100; Issue price Rs.1260.68 Issue of 30,972 0.1% CCNCPS to IndoUS Ventures Issue of 18,590 0.1% CCNCPS to IDG Ventures Issue of 6,197 0.1% CCNCPS to Qualcomm The conversion ratio for Preference Share to Equity Share is 1:1 The company created ESOP Pool consists of 33,266 equity shares Post-Issue SHP: (As If Converted Basis) IDG Ventures - 28.40% IndoUS Ventures - 21.60% Qualcomm - 9.47% Apalya has already received funding from Mumbai Angels and Singularity Ventures. Since Series A funding Apalyas Mobile TV viewership has grown to 4 Million Subscribers. http://press-release.medianama.com/apalya-technologies-raises-7-5-million-in-series-b-funding-223 106.74Apalya Technologies Unlisted IT & ITES Mobile VAS 8.013 Growth Cisco, Kalaari Capital, IDG Ventures India, Qualcomm VenturesCo-Investment 21.05 February-2013 http://www.apalya.com HyderabadSouth Avendus(T) INR 42.57 Cr Cisco invested INR 31.88 Cr for 15.79% stake Kalaari Capital invested INR 3.88 Cr for 1.91% stake IDG Ventures India invested INR 5.11 Cr for 2.51 % stake Qualcomm Ventures invested INR 1.69 Cr for 0.84% stake On Feb 19, 2013, Issue of 1905 equity shares and 188567 Series C preference shares to Cisco at Rs. 1673.75 per share Issue of 231 equity shares and 22842 Series C preference shares to Kalaari Capital at Rs. 1682.13 per share Issue of 303 equity shares and 30010 Series C preference shares to IDG Ventures India at Rs. 1689.9 per share Issue of 101 equity shares and 10003 Series C preference shares to Qualcomm Ventures at Rs. 1673.75 per share The conversion ratio for Preference Share to Equity share is 1:1 Post money valuation is $38 million http://www.medianama.com/2013/04/223-apalya-cisco-funding/ 202.197.37 Revenue multiple is based on FY 13 financials. EBITDA & PAT multiples are not meaningfulApalya Technologies Unlisted IT & ITES Mobile VAS 1.872-A Growth Kalaari Capital, IDG Ventures India, Qualcomm Ventures Co-Investment 8.97 May-2012 http://www.apalya.com Hyderabad SouthK Law (L)() INR 10 Cr. Follow on Investment IDG Ventures India invested INR 4.75 Cr for 4.28 % stake Qualcomm Ventures invested INR 1.59 Cr for 1.43% stake Kalaari Capital invested INR 3.63 Cr for 3.26% stake Pricing details: Preference Shares = FV Rs.100, issue price Rs.1260.68 On May 22, 2012, Issue of 18936 preference shares to IDG Ventures Issue of 6312 preference shares to Qualcomm Ventures On Aug 21, 2012, issue of 14413 preference shares to Kalaari Capital On Oct 5, 2012, Issue of 14413 preference shares to Kalaari Capital Issue of 18963 preference shares to IDG Ventures Issue of 6312 preference shares to Qualcomm Ventures On Dec 7, 2012, 793 shares were allotted to Kalaari Capital, IDG Ventures and Qualcomm as a result of preference share conversion111.44 3.90 Revenue multiple is based on FY 12 financials. EBITDA & PAT multiples are not meaningfulApar Infotech Unlisted IT & ITES IT Services 10.00Growth Warburg Pincus Foreign 46.00 January-2000 Mumbai WestAmbit Corporate Finance(T) Apar Infotech merged with Ness Technologies in 2003. http://www.blonnet.com/businessline/2000/10/20/stories/022039p5.htm; http://www.globalservicesmedia.com/Content/general200705301772_2.aspAparajitha Corporate Services Unlisted Other Services HR Services14.73 1 Growth Everstone India-dedicated 32.31 February-2014http://www.aparajitha.com/ Madurai South Deloitte(T) INR 90 Cr Investment via Everstone Capital Partners II,LLC Investment through primary infusion and secondary purchase Primary Infusion: (INR 29 Cr) Pricing details: Preference Shares = FV Rs.29000, issue price Rs.29000 On Mar 7, 2014, issue of 10000 preference shares to Everstone On Jun 25, 2015, all the preference shares were converted to 8979 equity shares at a conversion price of Rs.32297.58 per share Secondary Purchase: (INR 61 Cr) On Mar 7, 2014, 27848 equity shares are transferred to Everstone at a transfer price of Rs. 21904.63 Founded by Bharath Krishna and Nagaraj Krishnan more than a decade ago, Aparajitha today has about 400 clients including Hindustan Unilever, Siemens and Nokia. The HR services firm focuses on labour compliance, establishment compliance, auditing, flexi staffing, payroll processing consultation and providing legal opinion, specializing in both state and central labour legislation. Deloitte Corporate Finance advised on the deal. http://bit.ly/1mcp696 278.55 4.81 10.82 18.16Valuation Multiples based on FY14 Financials.Apnaloan.com Unlisted IT & ITES Online Services (Personal Finance) 1.00 1 Early JumpStartUp India-dedicated November-2000 http://www.apnaloan.com/ Mumbai WestApnaloan.com Unlisted IT & ITES Online Services (Personal Finance) 3.30 2 Early SIDBI VC, JumpStartUp, Others India-dedicatedMay-2003 http://www.apnaloan.com/ Mumbai WestApnapaisa Unlisted IT & ITES Online Services (Personal Finance) 2.65 1 Growth WestBridge, Others India-dedicated 49.32January-2007 http://www.apnaloan.com Mumbai West INR 11.69 Cr Sequoia Capital invested INR 8.55 Cr for 33.97% stake. Others invested INR 3.14 Cr for 15.35% stake. Investment over Two Tranches Pricing details: Equity = FV Re.1; Issue price Rs.210.26 Series A CCPS = FV Re.1; Issue price Rs.210.26 Series B CCPS = FV Re.1; Issue price Rs.394.69 FIRST TRANCHE: (Jan 2007, INR 5.39 Cr) Issue of 10 equity shares and 149,804 Series A CCPS to Sequoia Capital Issue of 106,717 CCPS to Others SECOND TRANCHE: (Aug 2007, INR 6.30-Cr) Issue of 136,816 Series B CCPS to Sequoia Capital Issue of 22,803 Series B CCPS to Others The initial conversion ratio for the Series A and B CCPS to equity share is 1:1 23.71 8.38 Revenue Multiple based on FY08 Financials.Apnapaisa Unlisted IT & ITES Online Services (Personal Finance) 3.50 2 Growth JAFCO Asia, WestBridge, Others Co-Investment25.37 December-2008 http://www.apnaloan.com Mumbai WestINR 17-Cr JAFCO Asia invested INR 10.50-Cr for 15.67% stake. Sequoia Capital invested INR 5.25-Cr for 7.84% stake. Others invested INR 1.25-Cr for 1.87% stake. Investment over Two Tranches Pricing details: Equity = FV Re.1; Issue price Rs.545.83 Series C CCPS = FV Re.1; Issue price Rs.545.83 FIRST TRANCHE: (Dec 2008, INR 15-Cr) Issue of 10 equity shares and 183,209 Series C CCPS JAFCO Asia Issue of 77,864 Series C CCPS to Sequoia Capital Issue of 13,741 Series C CCPS to Others SECOND TRANCHE: (Jun 2011, INR 2-Cr) Issue of 18,321 Series C CCPS to Sequoia Capital Issue of 9,160 Series C CCPS to JAFCO Asia Issue of 9,160 Series C CCPS to Others The initial conversion ratio for the Series C CCPS to equity share is 1:1 Post-deal SHP: (As-if converted basis) Promoters and Others - 53.14% (652,314 equity shares) Sequoia Capital - 31.19% (382,815 equity shares) JAFCO Asia - 15.67% (192,379 equity shares) 67.00 11.67Revenue Multiple based on FY11 Financials.Apnapaisa Unlisted IT & ITES Online Services (Personal Finance) 0.29 Growth Casa Capital Foreign 17.90 December-2014http://www.apnaloan.com Mumbai West Rajani Singhania & Partners() Trilegal(L) INR 1.80 Cr Investment by Casa Capital Management Pvt Ltd of 1.80 Cr for stake 17.90% Pricing details: Equity shares: FV Rs.10; Issue price Rs.8254.71 On Nov 18, 2014 and Dec 5, 2014 Casa Capital were issued with 1696 shares and 494 shares respectively 17.90Apollo Health Street Unlisted IT & ITES BPO (Healthcare)7.50 1 Growth Temasek, JP Morgan Foreign 42.93 January-2005http://www.apollohealthstreet.com Chennai South Luthra & Luthra(L) INR 32.64 Cr Temasek and JP Morgan invested INR 16.32 Cr each Temasek made investment via Maxwell JP Morgan made investment via Eliza Holdings Pricing details: Equity = FV Rs.10; Issue price Rs.10 CCPS = FV Rs.60; Issue price Rs.60 Class A equity shares = FV Rs.10; Issue price Rs.10 Issue of 2,025,000 equity shares, 1,247,121 CCPS and 6,814,395 Class A equity shares to Maxwell Issue of 2,025,000 equity shares, 1,247,121 CCPS and 6,814,395 Class A equity shares to Eliza Holdings On Sep 15, 2006, CCPS were converted to equity shares at a conversion price of Rs.106.65 per share. On Oct 20, 2006, Class A equity shares were converted to equity shares at a conversion of Rs. 29,992.94 per share The investors invested US$7.50m at a pre-money valuation of US$10m. Luthra & Luthra advised Temasek. 76.04 3.12 Revenue Multiple based on FY05 Financials.Appachi Cotton Unlisted Textiles & Garments Garments (Cotton - Organic) 1.00 Growth Grassroots Business Fund ForeignOctober-2014 http://www.appachicotton.com Pollachi SouthImpact Law Ventures(L) Target Co Name = APPACHI ECO-LOGIC COTTON PRIVATE LIMITED. Investment via GBI Master Fund I, L.P. . Under its contract farming initiative, Appachi procures high quality organic cotton from its farmers, and produces fine unadulterated contamination free ginned cotton for Indian as well as global markets. Direct connectivity with the farmer enables Appachi to provide higher price to the farmer for his cotton produce. Under its brand Ethicus it produces high-end hand woven sarees and apparels for Indian consumers, and is helping preserve the dying art of local hand-loom craft.Appier Unlisted IT & ITES Online Services (Advertising) 6.001 Early Sequoia Capital India India-dedicated June-2014http://www.appier.com Taipei Overseas $6 M Series A Investment by Sequoia Capital. Founded in 2012, Target is focused on providing cross-screen marketing solutions to advertisers. http://techcrunch.com/2014/06/18/cross-screen-ad-tech-startup-appier-raises-6m-series-a-from-sequoia-capital/APPL Unlisted Agri-business Agri Products 1 Growth Blenheim Chalcot India-dedicated October-2007 UnknownUnknownAppLabs Unlisted IT & ITES IT Services (Testing) 10.00 2Early Sequoia Capital India India-dedicated July-2006 http://www.applabs.com Hyderabad SouthAppLabs Unlisted IT & ITES IT Services (Testing) 7.00 1Early Sequoia Capital India India-dedicated September-2004 http://www.applabs.com Hyderabad SouthAppLabs Unlisted IT & ITES IT Services (Testing) 3Growth Sequoia Capital India India-dedicated February-2009 http://www.applabs.com Hyderabad South Secondary Purchase of shares from existing shareholders. Founded in 2001, target is a software testing and quality management service provider.Applied Solar Technologies Unlisted Energy Renewable Power Projects (Solar) 5.00 1 Early Bessemer Foreign 24.99 October-2009 http://www.appliedsolartechnologies.com/astdmc2/login.aspx DelhiNorth APJ-SLG(L),Inventus Law(L) Lexygen(L) INR 23.29 Cr. On Oct 9, 2009 Bessemer Venture Partners Trust subscribed to 2,025,742 Series A Participatory Non Cumulative Convertible Preference shares (PCPS) having a face value of Rs 115 each at an issue price of Rs 115.82 per share. The company also issued 1,000 equity shares of Rs 10 each to Bessemer. 93.20Applied Solar Technologies Unlisted Energy Renewable Power Projects (Solar) 10.48 2 Early IFC, Bessemer, Capricorn Foreign21.00 June-2010 http://www.appliedsolartechnologies.com/astdmc2/login.aspx Delhi North APJ-SLG(L),Inventus Law(L) AZB & Partners(L)INR 48.31 Cr. On June 25, 2010, IFC invested $5.5M ( INR 25.4 Cr) for a 10.9% stake. It subscribed to 100 equity shares of Rs.10 each at a premium of Rs.273.77 per share and 2,53,000 Series B Participatory Non Cumulative Compulsorily Convertible Preference shares (PCPS) of Rs.1000 each. Bessemer Venture Partners Trust and Capricorn Libra Investment Group subscribed to 23,000 and 2,07,000 Series B PCPS of Rs.1000 each. 21% acquired by new and existing investors of which IFC will hold a 11% stake on a fully diluted basis post subscription. Capricorn will hold a 9% stake and Bessemer has acquired further 1% stake in the target. This takes the total stake of Bessemer close to 30%. Dipender Saluja of Capricorn Investment group and Robin Chandra of BVP have joined the company board as a part of the transaction. http://www.ifc.org/ifcext/spiwebsite1.nsf/2bc34f011b50ff6e85256a550073ff1c/670f11511cf18faf8525770c004e213d?opendocument 230.05Applied Solar Technologies Unlisted Energy Renewable Power Projects (Solar) 1.54 Early Bessemer Foreign 3.28 May-2010http://www.appliedsolartechnologies.com/astdmc2/login.aspx Delhi NorthAPJ-SLG(L),Inventus Law(L) INR 6.86 Cr. On May 14, 2010 Bessemer Venture Partners Trust subscribed to 45,140 Series A1 Participatory Non Cumulative Compulsorily Convertible Preference shares (A1 PCPS) and on June 8, 2010, it subscribed to 23,555 Series A1 Participatory Non Cumulative Compulsorily Convertible Preference shares (A1 PCPS) of face value of Rs.1000 each at a issue price equal to the face value. This takes the total stake of Bessemer to 28.27%. 209.15apply2many.com Unlisted IT & ITES Online Services (Admission Applications for Educational Institutions) 0.01 1 Early MyFirstChequeIndia-dedicated 6.67 June-2011 http://www.apply2many.com Bangalore South INR 0.05 Cr Pricing details: Equity Shares = FV Rs.10, issue price Rs.631 On 10th June 2011, issue of 793 equity shares to My First Cheque Co name = mKay Innovative Solutions 0.75Appnomic Systems Unlisted IT & ITES IT Services (Remote Infra Management) 4.00 1 Early Norwest Foreign 36.36 December-2008 http://www.appnomic.com Bangalore South VNS Legal(L)INR 20-Cr Pricing details: Series A CCPS = FV Rs.10; Issue price Rs. 302.5833 Issue of 660,975 Series A CCPS to Norwest The initial conversion ratio for Series A CCPS to equity share is 1:1 The company created ESOP Pool consists of 229,085 equity options which constitutes 12.60% stake of the company. http://www.appnomic.com/news/Appnomic-NVP%20release.pdf 55.004.60 Revenue Mutliple based on FY09 Financials.Appnomic Systems Unlisted IT & ITES IT Services (Remote Infra Management) 2.50 2 Growth Norwest Foreign 16.06 November-2010 http://www.appnomic.com Bangalore South Trilegal(L)INR 11.25 Cr Pricing details: Series B CCPS = FV Rs.10; Issue price Rs. 326.15 Issue of 344,927 Series B CCPS to Norwest The initial conversion ratio for Series B CCPS to equity share is 1:1 Post-deal investors stake: Norwest 51.51% The company will use the funds to enhance its sales presence in the US, launch operations in Europe and enhance the Application Aware IT Infrastructure Management platform to enterprises. http://www.appnomic.com/index.php/B_level_Funding_NVP.html 70.00 6.15Revenue Multiple based on FY11 Financials. EBIDTA and PAT multiples are not meaningful.Appnomic Systems Unlisted IT & ITES IT Services (Remote Infra Management) 5.00 3 Growth Norwest Foreign September-2012 http://www.appnomic.com Bangalore South $5M in Series C financing. Norwest had earlier invested $6.5M over 2 rounds in the target and the promoters had invested around $1M, taking the total amount raised by the target thus far to $12.5 million. Target is a provider of automated enterprise and cloud IT performance management solutions. The current round of funding will be used for expanding its US market operations and enhancing development of its industry leading products and services. http://www.pehub.com/166136/appnomic-raises-5m-from-norwest/ 137.00AppsDaily Unlisted IT & ITES Mobile VAS (Security) 4.001 Early Kalaari Capital, Qualcomm Ventures Co-Investment 41.86July-2011 http://www.appsdailyworld.com Mumbai West Consort Capital(T) Khaitan & Co.(L) Co was earlier called Onward Mobility INR 18-Cr. IndoUS Ventures invested INR 13-Cr. Qualcomm Ventures invested INR 5-Cr. Pricing Details: Equity: FV Rs.10, Issue price Rs.596.46 CCPS: FV Rs.10, Issue price Rs.59.645 Issue of 144 equity shares and 2,178,100 Series B 0.1% CCPS to IndoUS. Issue of 56 equity shares and 837,730 Series B 0.1% CCPS to Qualcomm. Mumbai Angels were given a partial exit in this round. Vani Kola from IndoUS Ventures and Rajiv Dadlani from the Mumbai Angels have joined the Board. Karthee Madasamy from Qualcomm Ventures will be taking the observer seat. Khaitan & Co. advised Qualcomm Ventures http://www.indiainfoline.com/Markets/News/Onward-Mobility-raises-Rs180mn-in-series-A-round-from-Indo-US-Venture-and-Qualcomm/5223173186 43.00 12.00 Revenue Multiple based on FY10 Financials.AppsDaily Unlisted IT & ITES Mobile VAS (Security) 5.002 Early Kalaari Capital, Qualcomm Ventures, Ru-Net Holdings Co-Investment 19.98 October-2013 http://www.appsdailyworld.com Mumbai WestK Law(L) Luthra & Luthra(L) INR 31.24 Cr Kalaari Capital invested INR 9 Cr for 5.75 % stake Qualcomm Ventures invested INR 3.50 Cr for 2.24% stake Ru-Net Holdings invested INR18.75 Cr for 11.99% stake Pricing details: Equity Shares = FV Rs.10, issue price Rs.1709.58 Preference Shares = FV Rs. 10, issue price Rs. 170.958 On Oct 4, 2013, Issue of 86 equity shares and 525449 Series B preference shares to Kalaari Capital Issue of 34 equity shares and 204336 Series B preference shares to Qualcomm Ventures Issue of 180 equity shares and 1094678 Series B preference shares to Ru Net Holdings Luthra & Luthra represented Ru-Net Holdings. 156.37 26.02 Revenue multiple is based on FY 12 financials. EBITDA & PAT multiples are not meaningfulAppsDaily Unlisted IT & ITES Mobile VAS (Security) 16.003 Growth Kalaari Capital, Qualcomm Ventures, Zodius Capital, Ru-Net Holdings Co-Investment 11.11 March-2015 http://www.appsdailyworld.comMumbai West INR 100 Cr is the investment committed INR 80 Cr has been invested through primary infusion Zodias Technolgy Fund via Zodius Technology Fund II Limited and Indiblu Investment Advisors invested INR 60 Cr Kalaari Capital via Nea- IndoUS Venture Capital LLC invested INR 6 Cr Qualcomm Asia Pacific PTE Ltd invested INR 5 Cr Ru-Net South Asia invested INR 9 Cr Pricing details: Equity: FV Rs.10; Issue price Rs.7004.25 Series D preference shares: FV Rs.700.43 Issue of 200 equity shares and 854630 series D preference shares to Zodias Tech Fund Issue of 85660 series D preference shares to Kalaari Capital Issue of 71390 series D preference shares to Qualcomm Issue of 128490 series D preference shares to Ru-Net South Asia Mumbai Angels will make a partial exit from the seven-year-old venture. http://epaperbeta.timesofindia.com/Article.aspx?eid=31815&articlexml=AppsDaily-Raises-Rs-100-cr-from-Zodius-31032015008042 720.00 17.58 Revenue Multiple based on FY14 financials. EBITDA and PAT of the company are INR 0.97 and 0.14 Cr respectively.AppVirality Unlisted IT & ITES Enterprise Software (Progamming Tools - SDK for App Development) 0.46 Seed Early India Internet Fund, TNN Capital, Others India-dedicated January-2015 http://www.appvirality.com/ Bangalore South Others = active angel investors Rajan Anandan and Ravi Guruaj along with Mike Galgon, co-founder of aQuantive; Baron Capital research analyst Ashim Mehra; InMobi vice president of technology Mohit Saxena. AppVirality provides a software development kit (SDK) and dashboard that allows developers to add growth-hacking techniques to their apps without having to write new code. It will use the capital for product development and hiring. The company was part of the Microsoft Accelerator Feb-14 batch. http://techcrunch.com/2015/01/12/appvirality/Aptivaa Consulting Unlisted IT & ITES BPO (Analytics for BFSI)3.00 1 Early SBICAPS Ventures India-dedicated 12.00 December-2007 http://www.aptivaa.com Mumbai West INR 12 Cr. Investment via Softbank Investment Mauritius Limited and SBICAPS Ventures Limited. Pricing details: Equity shares = FV Rs.10; Issue price Rs.696.15. Preference shares = FV Rs.696.15. Issuance: Issue of 9,500 Equity shares and 153,340 Preference shares to Softbank Investment Mauritius Limited. Issue of 500 Equity shares and 8,070 Preference shares to SBICAPS Ventures Limited. 99.44 11.1438.63 70.99 Valuation multiples based on FY07 financialsAptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 0.54 Early Granite Hill India-dedicated 7.80 January-2010 http://www.aptusindia.com/ Chennai South INR 2.5 Cr Allotment of 10,00,000 shares at Rs.10 each to GHIOF Mauritius (INR 1 Cr) In Aug-2010, there was a further allotment of 15,00,000 Equity shares at Rs.10 each to GHIOF mautirius (INR 1.5 Cr) Post the second allotment, GHIOF would hold a stake of 7.8% in the company. 32.05Aptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 1.62 Growth Lok Capital India-dedicated 4.00 July-2014 http://www.aptusindia.com/ Chennai South INR 9.8 Cr Investment via Lok Capital II LLC Deal involved secondary purchase of shares Transfer of 1,901,500 equity shares to Lok Capital 259.00 6.539.86 41.83 Valuation mulitples based on FY14 financialsAptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 1.50 Growth India Financial Inclusion Fund India-dedicated5.09 December-2013 http://www.aptusindia.com/ Chennai SouthINR 8.8 Cr Deal involved secondary purchase of shares Transfer of 2,532,908 equity shares to India Financial Inclusion Fund 174.00 7.55 13.4148.43 Valuation multiples based on FY13 financialsAptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 1.35 Growth Granite Hill India-dedicated 4.63 June-2013 http://www.aptusindia.com/ Chennai South INR 7.6 Cr Deal involved secondary purchase of shares Transfer of 2,308,000 equity shares to Granite Hill 108.74 4.71 8.24 30.04 Valuation multiples based on FY13 financialsAptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 5.67 3 Growth Granite Hill, India Financial Inclusion FundIndia-dedicated 17.21 October-2012 http://www.aptusindia.com/ ChennaiSouth INR 30-Cr India Financial Inclusion Fund invested INR 25-Cr Granite Hill invested INR 5-Cr Pricing details: Equity = FV Rs.10; Issue price Rs.35 On Oct 17, 2012, issue of 7,142,857 equity shares to India Financial Inclusion Fund On Oct 18, 2012, issue of 1,428,571 equity shares to Granite Hill 174.34 7.55 13.22 48.16 Valuation Multiples based on FY13 Financials.Aptus Value Housing Finance India Unlisted BFSI NBFC (Home Loans) 1.59 2 Early Granite Hill India-dedicated 6.83 September-2011 http://www.aptusindia.com/ Chennai South INR 7.43 Cr Investment via GHIOF Mauritius Pricing details: Equity = FV Rs.10; Issue price Rs.30 On Sep 09, 2011, issue of 2,475,000 equity shares to Granite Hill108.74 4.71 8.24 30.04 Valuation Multiples based on FY13 Financials.Aqua Designs India Unlisted Engg. & Construction Water Projects8.80 1 Growth Peepul Capital India-dedicated 50.18 July-2010http://www.aquadesigns.in Chennai South Cipher Capital Advisors(T)INR 39.64 Cr Peepul Capital invested INR 36.04 Cr for 45.61% stake. Chintalapati Holdings invested INR 3.60 Cr for 4.56% stake. Deal involved a combination of primary infusion and secondary purchase of shares. Pricing details: Equity = FV Rs.10; Issue price Rs.91.87 PRIMARY INFUSION: (INR 35-Cr, stake 44.30%) Issue of 3,463,482 equity shares to Peepul Capital Fund II Issue of 346,348 equity shares to Chintalapati Holdings SECONDARY PURCHASE: (INR 4.64 Cr, stake 5.88%) Transfer of 459,091 equity shares to Peepul Capital Fund II Transfer of 45,909 equity shares to Chintalapati Holdings Post-Issue SHP: Suthakar S - 33.58% (2,887,500 equity shares) Peepul Capital - 45.61% (3,922,573 equity shares) Chintalapati Holdings - 4.56% (392,257 equity shares) Others - 16.25% (1,397,000 equity shares) Venkat Shankar, B. Rajagopalan and Ajith Nair of Peepul have joined the board. 79.00 1.97 Revenue Multiple based on FY10 Financials.Aqua Infra Projects Unlisted Manufacturing Pipes & Fittings (Asbestos Cement Pressure Pipes) 1.00 1 Early Subhkam VenturesIndia-dedicated 13.02 October-2010 Roorkee NorthINR 4.95 Cr Pricing details: Equity = FV R.10; Issue price Rs.100 Issue of 495,000 equity shares to Subhkam Ventures 38.00 2.64Revenue Multiple based on FY11 Financials.Arc-tec Systems Unlisted Manufacturing Industrial Equipment (Welding Equipments) 0.22 1 Early Lumis Partners India-dedicated 7.65October-2006 Mumbai West INR 1-Cr Investment via GACL Finance Limited Pricing details: Equity = FV Rs.10; Issue price Rs. 101.52 Issue of 98,503 equity shares to Lumis Partners On Nov 14, 2008, the company made right issue. The investor invested INR 0.24 Cr during the rights issue. Accordingly 17,909 equity shares were allotted to Lumis Partners. With this the investor totally invested INR 1.24 Cr into the company. Post-deal Investor stake: (As on Sep 2009) Lumis Partners - 6.96% (116,412 equity shares) 13.072.01 14.87 77.91 Valuation Multiples based on FY08 Financials.Arigami Semiconductor Systems Unlisted IT & ITES Semiconductor0.10 1 Early Ojas Ventures India-dedicated 25.00 December-2008http://www.arigamisys.com Bangalore South INR 0.43 Cr Pricing details: Equity = FV Re.1; Issue price Rs.102.12 Issue of 41,667 equity shares to Ojas Ventures 1.70Arinna Lifesciences Unlisted Healthcare & Life Sciences Pharmaceuticals (Central Nervous System) 6.50 Early Motilal OswalIndia-dedicated February-2015 http://www.arinnalifesciences.com/Ahmedabad West Bon Proximo() INR 40 crore through India Business Excellence Fund II and India Business Excellence Fund IIA. Target focuses on the central nervous system therapeutic segment. Rakesh Sony, Director, Motilal Oswal PE and Amit Mehta, Associate Vice President, Motilal Oswal PE joined the board http://timesofindia.indiatimes.com/articleshow/46324792.cmsArkin Net Unlisted IT & ITES Enterprise Software (Data Center - Software Defined Networking) 7.00 1 Early Nexus Venture Partners, Others India-dedicated November-2014 http://www.arkin.net/ Mountain View, CA (USA) Overseas Others = B.V. Jagadeesh of (Ex-CEO NetScaler and angel investor via Kaaj Ventures), Alan Cohen (Chief Commercial Officer of Illumio, Ex-VP Nicira) and Semil Shah of Haystack Fund. The startup aims to revolutionize the Software-Defined Networking (SDN) market projected to be $8 B by 2018. http://www.nexusvp.com/news-details.asp?id=304 ; http://www.arkin.net/news-article1.htmlArkin Net Unlisted IT & ITES Enterprise Software (Data Center - Software Defined Networking) 15.00 2 Early Nexus Venture Partners, Others India-dedicated June-2015 http://www.arkin.net/ Mountain View, CA (USA) Overseas Arkin has raised a $15 million Series B investment from Nexus Venture Partners, strategic investors and individual investors including B.V. Jagadeesh (formerly CEO at NetScaler). Arkin enables organizations to search, analyze, share and collaborate across virtual and physical layers of their infrastructure. http://ventureintelligence.blogspot.in/2015/06/deal-update-arkin-net-raises-15m-in.htmlArmor5 Unlisted IT & ITES Enterprise Software (Security Tech)2.00 1 Early Nexus Venture Partners, Others India-dedicatedMarch-2013 http://www.armor5.com Santa Clara OverseasOthers = Citrix Startup Accelerator and Trinity Ventures. Target offers a zero touch service to safeguard intranet, cloud data and applications by ensuring content from these systems never actually resides on the end-users devices. http://www.armor5.com/press/armor5-raises-2m-for-worlds-first-zero-touch-byod-security-service/Arohan Foods Unlisted Agri-business Food Processing (Meat Pork)0.50 1 Early Omnivore Partners India-dedicated 33.36 April-2013 http://arohanfoods.com Guwahati East INR 3 Cr Pricing Details: Each Equity share FV 10, Issue Price - Rs 5000 Each CCPS FV 10, Issue Price - Rs 5000 Omnivore Capital subscribed to 5 equity shares and 5,995 preference shares. Target is a pork integrator. It was started in 2011 and offers packaged pork products including sausages, cocktail sausages and sliced salami in a variety of flavors developed in-house under its flagship brand Choice Pork Natural aCross the seven states of the Northeast. The investment will be used to launch the products in other parts of the country including Mumbai, New Delhi and the South. Mark Kahn of Omnivore Capital joined the board. http://www.livemint.com/Companies/3YbAgNpWnCLnrf0IKbjKEO/Omnivore-closes-first-ever-VC-deal-in-NE-region.html 7.50ArthaYantra Unlisted BFSI Financial Services (Personal Finance)0.47 1 Early WFA Global Investments Foreign 30.00 July-2012http://www.arthayantra.com Hyderabad South INR 2.56 Cr WFA Global Investments invested INR 2.56 Cr for 30 % stake Pricing details: Equity Shares = FV Rs.10, issue price Rs.94.96 In July 2012, issue of 270000 equity shares to WFA Global Investments Ravi Bhagavatula from WFA Global Investments joined the board Post-deal SHP: Venkata Sunil Lingareddy - 35.00% Nitin Bharadwaj Vyakaranam - 35.00% WFA Global Investments - 30.00% http://www.businesswireindia.com/PressRelease.asp?b2mid=33309 8.55Valuation multiples are not meaningfulArtheon Battery Company Unlisted Energy Equipment (Storage - Battery)Growth Swedfund International Foreign March-2010 NashikWest Swedfund invested $3.5 million in a combination of equity and debt as part of a $7-M investment round along with Sweden-based Northstar Group/Sitetel. Target operates a battery manufacturing facility in Nashik for VRLA Batteries. The investment is to be used for the modernization and expansion of the plant for telecom batteries. http://www.swedfund.se/en/?case=the-artheon-battery-companyARTiNTELL Unlisted IT & ITES IT Products (Artificial Intelligence) Seed Early VC Hunt India-dedicated August-2008 http://www.artintell.org Mohali North Seed Investment.Aryaka Networks Unlisted IT & ITES Networking Tech (Cloud Computing) 14.00 1 Early Nexus Venture Partners, Others Co-InvestmentSeptember-2010 http://www.aryaka.com California OverseasOthers = Trinity Ventures, Mohr Davidow Ventures, Stanford University http://www.aryaka.com/company/press-room/press-releasesAryaka Networks Unlisted IT & ITES Networking Tech (Cloud Computing) 15.00 2 Early Nexus Venture Partners India-dedicatedJune-2011 http://www.aryaka.com California OverseasTrinity Ventures and Mohr Davidow Ventures also participated in the round. Target is a US-headquartered provider of cloud-based WAN optimization and application acceleration solution with an office in Bangalore. Aryaka, launched in 2008, will use the funds for sales and marketing activities targeted at the mid-market segment across Europe and Asia. http://aryaka.com/company/press-room/press-releases/aryaka-secures-15-million-in-series-b-funding/ASG Eye Hospitals Unlisted Healthcare & Life Sciences Clinics (Eye Care) 9.00 1 Growth Sequoia Capital India India-dedicated37.04 January-2013 http://asgeyehospital.com Jodhpur WestINR 50-Cr is the investment commitment Deal involved a combination of primary infusion and secondary purchase of shares Investment over two tranches Investment via SCI Growth Investments II Pricing details: Equity share = FV Rs.10; Issue price Rs. 3,233.80 Series A CCCPS = FV Rs.100; Issue price Rs. 3,233.80 PRIMARY INFUSION: (INR 40-Cr, stake 29.63%) FIRST TRANCHE: (Jan 2013, INR 30-Cr) On Jan 15, 2013, issue of 10 equity shares and 92,760 Series A CCCPS to SCI Growth Investments II SECOND TRANCHE: (Yet to happen, INR 10-Cr) The initial conversion ratio for the Series A CCCPS is 1:1. The company created ESOP Pool which would constitute 5% stake of the company on a fully diluted basis. Target will use the funds to support expansion in central and north India. It is currently present in 6 cities across Rajasthan and offers ophthalmic care for a wide range of ocular sub-specialties.It expects to have 30 centers up and running by 2014. http://www.indiaprwire.com/pressrelease/health-care/20130118142658.htm 135.00 7.89 60.81 Valuation Multiples based on FY13 Financials. PAT Multiple is not meaningful.Asian Business Exhibition & Conferences Unlisted Other Services Exhibitions & Conferences 17.00 1 Growth QInvest Foreign 28.30November-2010 http://www.abcindia.biz/ Mumbai West AZB & Partners(L) INR 75-Cr Pricing details: Equity = FV Rs.10; Issue price Rs. 223.53 Issue of 3,355,269 equity shares to QInvest Post-Issue SHP: Sumit Mohan Singh Gandhi - 28.68% (3,400,000 equity shares) Manish Mohan Singh Gandhi - 27.24% (3,229,150 equity shares) Surendra Mohan Singh Gandhi - 8.60% (1,020,000 equity shares) Satinder Pal Kaur Gandhi - 5.74% (680,000 equity shares) Bulbeer Kaur Gandhi - 0.72% (85,000 equity shares) Mandeep Gandhi - 0.72% (85,000 equity shares) Charan Bir Singh Ranotra - 0.01% (850 equity shares) QInvest - 28.30% (3,355,269 equity shares) The proceeds from the investment will be used to further expand ABECLs operations in India and to establish an international presence. http://www.qinvest.com/QInvest_NewDesign/QInvest/English/q_newsarticle.asp?NewsID=35 265.00 4.92 13.09 20.82 Valuation Multiples based on FY10 Financials.Asian Institute of Medical Sciences Unlisted Healthcare & Life Sciences Hospitals 16.34 1 Growth OrbiMed Foreign 36.70January-2014 http://aimsindia.com/ Faridabad West CapitalSquare Advisors(T) IndusLaw(L) INR 100-Cr Investment via OrbiMed Asia II Mauritius FDI Investments Limited Pricing details: Equity = FV Rs.10; Issue price Rs. 107.56 Series A CCPS = FV Rs.27; Issue price Rs. 107.56 Issue of 100 equity shares and 9,297,100 Series A CCPS to OrbiMed The initial conversion ratio for the Series A CCPS is 1:1 Valuation details: Post-money equity Valuation: INR 272.50 Cr Total debt (FY13): INR 206.15 Cr Cash and bank balance (FY13): INR 1.05 Cr Enterprise Valuation: INR 477.58 Cr EV/Revenue: 3.46x EV/EBITDA: 24.77x AIMS, a part of Blue Sapphire Healthcare Private Limited