India Deals Snapshot February 2016 Read more :http://rbsa.in/

2. Particulars No.
Snapshot of Mergers & Acquisitions Update for
February 2016
4
Mergers & Acquisitions Deals for February, 2016 5 & 6
Summary of Mergers & Acquisitions Update 7
Snapshot of PE / VC Update for February, 2016 9
PE / VC Deals for February, 2016 10 – 14
Summary of PE / VC Update 15
RBSA Range of Services 16
Index

4. Acquirer Target Sector Stake Rs. in Cr
Aequs SiRA Group Other NA NA
Housejoy MyWash E-Commerce NA NA
KKR investment Sunteck Realty Ltd Construction NA Rs.150 Cr
Next Education India Pvt ltd InOpen Technologies Pvt ltd Education NA NA
Wipro Limited HealthPlan Healthcare NA Rs.3150 Cr
Amazon Westland Ltd. Education NA Rs.9.5 Cr
Premji Invest (The private equity
arm of Azim Premji, Chairman
of Wipro Limited )
Fabindia Overseas Pvt. Ltd. Other NA Rs.360 Cr
Kedaara Capital and Partners
group
Au Housing Finance Finance NA Rs.950 Cr

5. Aequs acquires French Aerospace group Sira
Deal Participant – Acquirer
Aequs, Karnataka based maker of components and
systems for some of the world’s biggest aerospace
companies was founded in 1997, by two friends, Aravind
Melligeri and Ajit Prabhu. Aequs specializes in precision
machining, sheet metal fabrication, assembly, forging, and
special processing for the aerospace, automotive, and oil
& gas industries.
Deal Participant – Target
SiRA Group, operating across five sites, employs over 300
people and offers highly regarded expertise in the areas of
precision machining, assembly, and testing of engine,
landing gear, and aircraft actuation components, as well as
welding and fabrication of aircraft assemblies.
Deal Value
Undisclosed
Synergy Benefits
SiRA will bring expertise in engine components and
landing gear, which Aequs did not have. With the
application of SiRA’s expertise and Aequs’s capabilities,
Aequs is confident of offering lower cost manufacturing to
the aerospace industry.
Home Services Venture Housejoy Acquires MyWash
Deal Participant – Acquirer
Housejoy, Bengaluru-based leading home services
provider, is an Amazon-backed startup that was launched
in January 2015. It has developed into a leading service
provider in the home services industry by offering a range
of maintenance, home repairs, electrical, plumbing, home
cleaning and computer repair services. Moreover,
Housejoy also provides beauty and in-house bridal
makeup services.
Deal Participant – Target
MyWash, an on-demand laundry and dry cleaning
company, was founded in 2014 by BITS Pilani alumni,
Raghu Bharat and Silus Chintapalli, along with Balaji
Ashok, who is an engineering graduate from Anna
University. MyWash.in is the first online laundry service &
online dry washing service in India. They do laundry and
dry cleaning and deliver at just the tap of a button.
Deal Value
Undisclosed
Synergy Benefits
With the acquisition of MyWash, Housejoy will now be
equipped to provide doorstep pickup and delivery for dry
cleaning and laundry services. Housejoy will also get the
benefit of operational knowledge of the same.
KKR to Invest Rs150 Crore in Luxury Housing Projects
by Sunteck Realty
Deal Participant – Acquirer
KKR is a global investment firm that manages investments
across multiple asset classes, including private equity,
energy, infrastructure, real estate, credit strategies and
hedge funds.
Deal Participant – Target
Sunteck Realty Limited (SRL) is a Mumbai-based real
estate development company, catering to the ultra-luxury
and luxury residential segment. SRL boasts of a city
centric development portfolio of about 25 million square
feet spread 24 projects at various stages of development
and rented assets.
Deal Value
Rs.150 Cr
Synergy Benefits
Sunteck Realty sees the investment by KKR as an
opportunity to grow in the highly competitive luxury realty
market. This strategic investment will allow Sunteck to
explore bigger acquisition opportunities by leveraging its
brand and execution abilities.
Next Education acquires (IIT-B)-incubated startup
InOpen Technologies
Deal Participant – Acquirer
Hyderabad-based Next Education India Pvt. Ltd, founded
in 2007 by Beas Dev Ralhan and Raveendranath Kamath
provides creative and fun learning modules to more than
7,000 partner schools and junior colleges across India.
Next Education is a fast-growing, technology-driven
company revolutionising the education system in India.
Deal Participant – Target
Mumbai-based InOpen Technologies Pvt. Ltd., an
educational development and teacher training solutions
firm was founded in IIT Bombay, in 2009 by IIT Prof.
Sridhar Iyer, and Rupesh Shah, who trained college
students in open source and adult literacy.
They are an IIT Bombay based educational start up with
developing high quality academic content through intense
research.
Deal Value
Undisclosed
Synergy Benefits
Through this strategic move, Next Education aims to
ensure better integration between NextBooks and
computer science. As part of this deal, InOpen’s talent
pool will also merge into Next Education's 2,000-strong
team.

6. Wipro Acquires US-based HealthPlan for US$460
Million
Deal Participant – Acquirer
Wipro Limited (Western India Products Limited) is an
Indian multinational Digital Strategy, IT consulting and
System Integration Services Company headquartered
in Bangalore, India. Wipro Limited is a global company
provider of comprehensive IT solutions and services,
including Systems Integration, Consulting, Information
Systems outsourcing, IT-enabled services, and R&D
services.
Deal Participant – Target
HealthPlan Services has its headquarters in Florida and is
a leading, independent technology and business process
as a Service (BPaaS) provider in the US health insurance
market. It provides technology platforms to health
insurance companies in ancillary, group and individual
markets.
Deal Value
Rs.3150 Cr
Synergy Benefits
This strategic acquisition will enable Wipro Limited to gain
the first mover advantage in the highly competitive and
high growth American health insurance market. It is also
an opportunity for the company to expand its payer
portfolio.
Premji Invest Picks Up 8% L Capital Stake in FabIndia
for INR360 Crore
Deal Participant – Acquirer
Premji Invest, the private equity arm of Wipro Limited
chairman Azim Premji, is a private equity firm with $1
billion assets under management. It invests in both private
and public equity of companies operating in India. The firm
was founded in 2008 and is based in Bangalore,
Karnataka.
Deal Participant – Target
FabIndia Overseas Pvt. Ltd is an Indian chain
store retailing garments, furnishings, fabrics and ethnic
products handmade by craftspeople across rural India.
Established in 1960 by John Bissell, an American working
for the Ford Foundation, New Delhi. Today it has over 170
stores across India and abroad, and is managed by his
son, William Bissell.
Deal Value
Rs.360 Cr
Synergy Benefits
This investment by Premji Invest will allow FabIndia to
increase its customer base to 10 million by opening
another 40 retail outlets across India and Overseas.
Amazon buys 26% stake in Tata-owned publishing
house Westland
Deal Participant – Acquirer
Amazon.com, Inc., often referred to as simply Amazon, is
an American electronic commerce and cloud
computing company. Amazon.com started as an
online bookstore, later diversifying to other products.
Amazon also sells certain low-end products like USB
cables under its in-house brand AmazonBasics.
Deal Participant – Target
Westland Ltd is a wholly owned subsidiary of Trent
Limited, the retail arm of the Tata group. Westland is an
amalgamation of two companies, EastWest Books
(Madras) Pvt Ltd. and Westland Books Pvt Ltd. EastWest
has a long history of over 45 years in both publishing and
distribution. As the present company Westland Limited
has the expertise both in retailing and distribution of
books, besides publishing quality literature.
Deal Value
Rs.9.5 Cr
Synergy Benefits
This Deal gives Westland access to international markets,
boosting its physical and digital book businesses. And with
this investment, Amazon completes a full-circle,
considering it started as an online bookstore when it was
first launched.
Kedaara capital teams up with Partners Group to
acquire Au Housing Finance in an INR 950 crore deal
Deal Participant – Acquirer
Private Equity firm, Kedaara capital is an operationally
oriented private equity firm pursuing control and minority
investment opportunities in India and Partners Group is a
global private markets management firm. They manages a
broad range of funds, structured products and customized
portfolios.
Deal Participant – Target
Au Financiers(India) Limited, one of the fastest growing
Rajasthan based Non-Banking Finance Company, is an
outcome of the professional entrepreneurship of its
Founder Sanjay Agarwal & his highly experienced &
competent management team. Au Financiers is a
Systematically Important Non Deposit Accepting NBFC as
classified by RBI, in Rajasthan.
Deal Value
Rs.950 Cr
Synergy Benefits
It is an strategic acquisition for launching an home finance
business.

7. 12%
25%
12%
25%
13%
13%
M & A Deals by Sectors
E-Commerce
Other
Construction
Education
healthcare
Finance
37%
12%13%
13%
25%
M & A Deals By Size (Rs. In Cr)
Undisclosed
Below 100
100 - 300
300 - 500
Above 500

9. Investor Fund Target Sector Stake Rs. in Cr
Green house Venture (GHV
Accelerator)
PindropMusic & RoadGods E-Commerce NA Rs.0.67 Cr
Oranda Global Perfumery E-Commerce NA Rs.0.2 Cr
Dunamis Ventures Pte Ltd. Mazkara E-commerce NA Rs.6.84 Cr
Shervin pishevar and Nyca Partners Zendrive IT/ITES NA Rs.91 Cr
Ratan Tata Moglix E-commerce NA NA
Green house Venture (GHV
Accelerator)
Istyle You and AdUrCup Others NA Rs. 0.67 Cr
Vandana Luthara ( the founder of
VLCC )
SmartCooky E-Commerce NA NA
Sixth Sense Ventures Weddingz.in E-Commerce NA NA
Unicorn India Ventures Inc24
Media &
Communication
NA NA
Endiya Partners & Sateesh Andra
(Managing Partner at Venturest)
Hansel.io IT/ITES NA NA
Aqeel Ahmed ( former COO,
Rategain)
GlamStudios E-Commerce NA NA
Angle Investors Affimity
Media &
Communication
NA Rs.8 Cr
Angle Investors igrenEnergi IT/ITES NA Rs.6 Cr
Kalaari Capital RKSV Securities E-Commerce NA Rs.27 Cr
Angle Investors Medinfi healthcare Healthcare NA NA
Angle Investors BabyBerry Healthcare NA Rs.6.8 Cr
lvyCap Ventures Taskbob E-Commerce NA Rs.28 Cr
Accel Partners Juspay Technologies Pvt Ltd IT/ITES NA Rs.40 Cr
Insitor Impact Asia Fund Edubridge Learning Pvt Ltd Education NA Rs.17.1 Cr
Matrix Partners
OfBusiness (operated by OFB
Tech Pvt Ltd)
E-Commerce NA Rs. 34.2 Cr
Mr. Ratan Tata NestAway Technologies Pvt Ltd E-Commerce NA NA
Facebook co-founder Eduardo Saverin Hopscotch.in E-Commerce NA Rs.89 Cr

10. PindropMusic and RoadGods Raises Funds from
GHV Accelerator
Deal Participant – Investor Fund
GHV Accelerator stands for Green House Ventures
Accelerator. GHV Accelerator will be providing Startups
with a controlled environment, optimized & appropriate
resources, along with sustainability funding, helping them
to grow multifold in a shorter timeframe. This enables
greater control over the growing environment of Ventures
Deal Participant – Target
PindropMusic - founded in November 2015 by Prankush
Roopanwal, Sumit Chakraborty and Vishu Gupta, is a
music discovery app that lets the users enjoy music
based on various factors that affects an individual’s
mood, which depends on their location, weather
conditions, time of the day and their activity.
RoadGods (operated by RoadGods AutoGear Pvt Ltd)-
founded in 2014 by Apoorv Mangalam and Ashish Kumar,
designs road travel accessories and sells the products
through its online platform. Its product range includes
helmets, car music system, trekking rucksacks and
motorcycle baggage among others.
Deal Value
Rs.0.67 Cr
Oranda Global, Others Invest In Perfumery
Deal Participant – Investor Fund
Oranda Global is a professional firm headquartered in
New Delhi, India, and incorporated with the objectives of
Consulting for MSME and Enterprise Clients globally
across Metals, Mining, Utilities, Infrastructure, Realty,
BFSI, Insurance, Manufacturing, Hospitality, Healthcare,
Aviation, Travel, Tourism & Services verticals, Strategic
Outsourcing, Consulting and Advisory Services for
Sustainable Development and Green initiatives, And
other angle investors.
Deal Participant – Target
Perfumery, founded in August 2015, by Mohit Khatri,
Tushar Patel and Shaurya Kiran, is an online eCommerce
platform which sells fragrances. The company provides
‘Specialized Sampling Services’ for high end luxury
fragrances, which is claimed to be one of its kind services
in India. Apart from that, the product inventory includes
hard to find niche perfumes as well as hard to find
fragrances.
Deal Value
Rs.0.2 Cr
Mobile-Tech Startup Zendrive Raises Funds
Deal Participant – Investor Fund
Shervin Pishevar is a serial entrepreneur, leading venture
capitalist, and angel investor. He is also a co-founder and
managing director at Sherpa Ventures. Nyca Partners is a
venture capital and advisory firm exclusively focused on
applying innovation in financial services into the global
financial system. Thomvest is a $250mm venture capital
fund based in Silicon Valley. They invest in companies
that range from early stage companies to those seeking
growth equity rounds of financing.
Deal Participant – Target
Zendrive, founded in 2013 by Jonathan Matus and Pankaj
Risbood, (operated by Zendrive Technologies India Pvt
Ltd) uses artificial intelligence algorithms to analyse
sensor data and return actionable insights for fleets and
drivers. It tracks actions such as acceleration, braking,
swerving and phone use and gives users a 'driver score'.
Its technology can be used by a broad list of industries
and products including on-demand services, commercial
fleets, taxi aggregators, insurance, city planning,
mapping, driving instruction, and roadside assistance
companies.
Deal Value
Rs.91 Cr
Glam-Tech Startup Mazkara Raises US $1 Million in
Seed Funding
Deal Participant – Investor Fund
Dunamis Ventures Pte. Ltd. engages in designing,
product application, research and development,
manufacturing, promotion, marketing, and sales and
distribution of solar and other energy products and/or its
related technologies. The company is based in
Singapore.
Deal Participant – Target
Mazkara was founded in March 2015 in Dubai, by
Pransanjeet Roy, who used to head advertisement sales
in Old Dubai and Northern Emirates for Zomato, and
Mohammed Ali Akmal. Subsequently, the company
opened up its branch in Pune in August 2015. Mazkara is
a hyper-local salon & spa guide with comprehensive
information about each and every salon and spa in their
city.
Deal Value
Rs.6.84 Cr

11. Ratan Tata Invests In B2B Sourcing Platform Moglix
Deal Participant – Investor Fund
Ratan Naval Tata GBE is an Indian businessman,
investor, philanthropist and chairman Emeritus of Tata
Sons. Ratan Tata has served in various capacities in
organizations in India and abroad. He is a member of the
Prime Minister's Council on Trade and Industry and the
National Manufacturing Competitiveness Council.
Deal Participant – Target
Noida based B2B marketplace for industrial goods
Moglix, founded in August this year by Rahul Garg, is a
global marketplace for all your Industrial supplies, MRO
equipment, tools and materials. It is an online platform for
all the need of Industrial Tools (Power Tools, Hand Tools,
Adhesives, Safety & Security and Electricals.
Deal Value
Undisclosed
GHV Accelerator On boards IStyleYou and AdUrCup
Deal Participant – Investor Fund
Green House Ventures, On the lines of Green House, will
be providing Startups with a controlled environment,
optimized & appropriate resources, along with
sustainability funding, helping them to grow multifold in a
shorter timeframe. This enables greater control over the
growing environment of Ventures
Deal Participant – Target
IStyleYou-founded in 2015 by Pallav Modi, Amit Kejriwal
and Vinayak Khanijo, IStyleYou is a mobile fashion
platform that provides personalised styling services to the
users. Through the app, the users get their own
professional stylists.
AdUrCup-founded in 2015 by Abhishek Verma, Harshit
Mittal, Kumar Kushang and Nitin Prakash, AdUrCup
(operated by Adcount Technologies Pvt Ltd) is an affiliate
offline advertising network targeted at the Food &
Beverages Industry.
Deal Value
Rs. 0.67 Cr
NDTV's SmartCooky Gets Funding From Vandana
Luthra
Deal Participant – Investor Fund
Vandana Luthra, the founder of the well-known beauty
and wellness brand VLCC started VLCC in 1989, as a
beauty and slimming services center in Safdarjung
Development Area, New Delhi. Now the business
operates in 11 countries in South Asia, South East Asia,
the GCC Region and East Africa.
Deal Participant – Target
Smartcooky.com is an ecommerce venture of New Delhi
Television Limited (NDTV) that sells healthy foods and
personal care products. Smartcooky.com is based on
NDTV's current food site www.food.ndtv.com, which
currently has over three million unique visitors a month.
Deal Value
Undisclosed
Sixth Sense Ventures Invests In Weddingz.in
Deal Participant – Investor Fund
Sixth Sense Ventures is India’s first domestic consumer
centric venture fund, founded by Nikhil Vora (Ex-
Managing Director of IDFC Securities) who is regarded as
one of the strongest analytical minds in the country. Sixth
Sense has a formidable founding team that includes one
of the most reputed corporate CEOs of a large domestic
consumer company.
Deal Participant – Target
founded in 2015, Weddingz.in (operated by L Fast Brands
Pvt Ltd) is a online marketplace and discovery platform
for wedding services, venues and vendors. It provides
wedding venue recommendations. It also connects users
with wedding service providers such as photographers,
makeup and mehendi artists and planners.
Deal Value
Undisclosed

12. News and Events Startup Inc42 Secures Funding
Deal Participant – Investor Fund
Unicorn India Fund Mumbai based VC fund Unicorn India
Ventures, They are investing in startups who are solving
real life problems through their business and whose aim
is to develop a World-class Product or Service, along with
a clutch of investors and Mohandas Pai & Ranjan Pai’s
fund Aarin Capital is a venture capital firm specializing in
direct and fund of funds investments. It seeks to invest in
mid-stage startups, and growth capital.
Deal Participant – Target
Founded in January 2014 by Vaibhav Agarwal, Pooja
Sareen and Utkarsh Agarwal, Inc42 is a tech media
company that covers and reports on the Indian startup
ecosystem. Apart from providing news and related
content, the Delhi-based venture also runs a number of
entrepreneur and startup-focused events, such as
Pulse42, StartupPulse, and more recently, launched
Campus Misfits, which is aimed at the student community.
Deal Value
Undisclosed
Budget Salon Aggregator GlamStudios Raises Funds
Deal Participant – Investor Fund
Aqeel Ahmed is the former COO of Rategain. .RateGain
is a software products company offering innovative and
value-driven SaaS and on-demand solutions to the
hospitality and online travel industry with global
leadership position in some of its offerings.
Deal Participant – Target
Delhi based GlamStudios, an online aggregator of budget
salons, founded in 2015 by Sadiya Naseem, an ex-
member of OYO Rooms leadership team, along with
NIFT graduate Darakhshan and IIT Delhi graduate
Feeroz, GlamStudios (operated by Glam Online Pvt Ltd)
partners with salons that have an area of 400 square feet
and who offer services starting as low as Rs.20.
Deal Value
Undisclosed
Mobile Development Toolkit Startup Hansel.io Raises
Funding From Endiya Partners
Deal Participant – Investor Fund
Endiya Partners is an early-stage venture capital fund
that invests in startups in Technology, Healthcare &
Consumer Services sectors and Sateesh Andra is a
Managing Partner at Ventureast, primarily overseeing the
Ventureast Tenet Fund, a premier seed-stage VC Fund
consisting of investments across technology and
technology-enabled sectors.
Deal Participant – Target
Hansel.io is set to support more than 8.7 million mobile
development specialists and hopes to change mobile
software management in the production environment.
Currently, Hansel.io currently enables mobile developers
to control their applications at runtime by providing
solutions that work within the framework of the various
mobile operating systems and ensuring smooth
communication between the problem, diagnostics and
solution.
Deal Value
Undisclosed
Solar Innovator igrenEnergi Raises Funds
Deal Participant – Investor Fund
Sunil Mehta a New York area Angle Investor.
Deal Participant – Target
IgrenEnergi, a technology innovator in solar and energy
storage, founded in 2013 by Jiten Apte, Dr. Sunit Tyagi
and Sujit Dey, is engaged in providing energy
optimization, storage and conversion products. It aims to
build products for efficient energy conversion and
storage, based on its patented 'energy packetisation'
architecture
Deal Value
Rs.6 Cr

13. Online Brokerage and Trading Company RKSV
Scoops in Funding
Deal Participant – Investor Fund
Kalaari Capital is an early-stage, technology-focused
venture capital firm and Inventus Capital is managed by
entrepreneurs and industry-operating veterans with the
singular goal of making new entrepreneurs successful.
Deal Participant – Target
Mumbai based online brokerage and trading company,
RKSV Securities founded in 2009 by Raghu Kumar, Ravi
Kumar and Shrinivas Viswanath, offers online trading
software (mobile and web) for free, and a low cost
brokerage plan to retail traders to reduce their brokerage
costs. It provides trading services to buy & sell stocks,
futures & options online. Their commodity provides
trading services to buy & sell commodities online.
Deal Value
Rs.27 Cr
Parenting App BabyBerry Raises Funds
Deal Participant – Investor Fund
Angel funding led by industrialist Nitin Bagmane and a
clutch of undisclosed investors.
Deal Participant – Target
Bengaluru based Cerebrahm Innovations Pvt Ltd, which
runs mobile-based, parenting app BabyBerry, founded in
2014 by Balasubramanian Venkatachalam, Subhashini
Subramaniam and Dev Vig, helps parents keep track of
their baby’s overall growth and development by providing
a 360-degree experience, covering things such as
vaccination charts, growth milestones, information, ‘life
logging’ tools and convenience features such as the
ability to buy evaluated and recommended products and
services.
Deal Value
Rs.6.8 Cr
Medinfi Healthcare Raises Fresh Funds
Deal Participant – Investor Fund
Angel Investor
Deal Participant – Target
Bengaluru based pure-play platform for searching doctors
and hospitals through web and mobile app, Medinfi
Healthcare, founded in 2014 by Ravi Krishna Mishra,
through its web portal and android app helps users locate
nearest doctors and hospitals for their every-day check-
ups.
Deal Value
Undisclosed
Home Services Platform Taskbob Secures Funding
Deal Participant – Investor Fund
IvyCap Ventures has launched a venture capital fund
guided by an entrepreneur-centric investment approach,
celebrate excellence, innovation, fresh ideas in sunrise
industries and most importantly, the entrepreneurial zeal
that is at the core of a business venture.
Deal Participant – Target
Mumbai-based Crenovative Ideas Pvt Ltd, which operates
home services, start-up Taskbob founded in 2014 by
Aseem Khare and Abhiroop Medhekar, provides instant
home services by sending pre-screened, verified, skilled
professional serviceman to client’s doorstep to fix their
household appliances such as AC, washing machine,
computer, refrigerator etc.
Deal Value
Rs.28 Cr
Mobile Payments Startup Juspay Secures Funding
Deal Participant – Investor Fund
Accel Partners, it is a leading early and growth-stage
venture capital firm, powering a global community of
entrepreneurs.
Deal Participant – Target
Bengaluru based Juspay Technologies Pvt Ltd., which
provides digital payments solutions, founded in 2012 by
Vimal Kumar and Ramanathan RV, offers solutions to
companies by aggregating services across net banking,
wallets and cards. It also offers payments technology
solutions to merchants. Its clientele include companies
like Amazon India, Snapdeal, Bookmyshow, Makemytrip,
Yatra, Swiggy, Freecharge, Foodpanda, and Jabong.
Deal Value
Rs.40 Cr
Social Networking Startup Affimity Secures Funding
Deal Participant – Investor Fund
Angle Investors.
Deal Participant – Target
Bengaluru and San Francisco based social networking
start-up, Affimity, founded in 2014 by Venkata Ramana,
Amar J Singh and Parveen Mittal, provides a platform for
like-minded people to meet and engage with. It is a social
media platform for users to focus on their passions and
interests.
Deal Value
Rs.8 Cr

14. Vocational Training Provider EduBridge Raises Funds
Deal Participant – Investor Fund
The Insitor Impact Fund finances companies that offer
low-income families options for increased access to
healthcare, education, affordable housing, water
sanitation, and clean energy. The Fund will also invest in
companies whose business models increase the earning
potential of vulnerable communities and existing investor
Acumen Fund.
Deal Participant – Target
Mumbai-based Edubridge Learning Pvt Ltd, which
provides vocational training services to low-income youth,
founded in 2009 by IIM graduate Girish Singhania,
provides vocational training for low-income youth across
rural and semi-urban in India. The company currently has
60 training centres in Northeast, South and Western
India, and claims to have trained 50,000 unemployed
youth from rural India over the last five years.
Deal Value
Rs.17.1 Cr
Matrix Partners, Others Invest in B2B Marketplace
ofBusiness
Deal Participant – Investor Fund
Matrix Partners is a US-based private equity investment
firm focusing on venture capital investments. The firm
invests in seed and early stage companies in the United
States and India, particularly in the software,
communications, semiconductors, data
storage, Internet or wireless sectors.
Deal Participant – Target
Online marketplace for B2B commerce, OfBusiness
(operated by OFB Tech Pvt Ltd) founded in 2015 by Asish
Mohapatra, Bhuvan Gupta, Chandranshu, Nitin Jain,
Ruchi Kalra and Srinath Ramakkrushnan, focuses on e-
shopping of manufacturing and construction goods. The
company operates in 10 states across the country and is
active across two segments - construction and
manufacturing. It is also planning to offer healthcare
products on its platform soon.
Deal Value
Rs.34.2 Cr
Ratan Tata Invests In Home Rental Marketplace
NestAway
Deal Participant – Investor Fund
Ratan Naval Tata GBE is an Indian businessman,
investor, philanthropist and chairman Emeritus of Tata
Sons. Ratan Tata has served in various capacities in
organizations in India and abroad. He is a member of the
Prime Minister's Council on Trade and Industry and the
National Manufacturing Competitiveness Council.
Deal Participant – Target
Bengaluru based NestAway Technologies Pvt Ltd, a start-
up that runs a managed home rental marketplace,
founded in 2015 by Amarendra Sahu, Smruti Parida,
Deepak Dhar and Jitendra Jagadev, is an online
marketplace for home rentals that turns unfurnished
houses into fully-furnished and managed apartments and
provides them at affordable prices to pre-verified tenants.
Deal Value
Undisclosed
Baby Care Ecommerce Portal Hopscotch Secures
Funding
Deal Participant – Investor Fund
Facebook co-founder, Eduardo Luiz Saverin is
a Brazilian internet entrepreneur, economist and angel
investor. As of 2015, he owns 53 million Facebook
shares (approximately 0.4% of all outstanding shares)
and has a net worth of $7.2 billion (according to Forbes).
He has also invested in early-stage startups
Deal Participant – Target
Hit The Mark Inc, the company behind baby care, focused
ecommerce portal Hopscotch.in, Launched in 2012 by
Rahul Anand and Lisa Kennedy, Hopscotch, is a boutique
discovery based e-commerce start-up offering over 3,000
local and international brands across multiple product
categories including apparel, shoes, toys and
accessories, for infants and kids.
Deal Value
Rs.89 Cr

15. 55%
4%
18%
9%
9%
5%
PE/VC Deals by Sectors
E-Commerce
Education
IT/ITES
Media & Communication
Healthcare
Others
36%
64%
0% 0% 0%
PE/VC Deals by Size Rs. In (Crore)
Undisclosed
Below 100
100 - 300
300 - 500
Above 500

16. Contact Us
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Ahmedabad – 380 015
Tel : +91 79 4050 6000
Mob : +91 97243 44446
Bangalore Office:
Unit no. 104, 1
st
Floor,
Sufiya Elite, # 18,
Cunningham Road,
Bangalore – 560 052.
Tel: +91 80 4112 8593
Tel: +91 97435 50600
New York Office :
24, Mission Dr.
Monroe Township,
NJ 08831, USA
Email : newyork@rbsa.in
Mob: +1 813 751 6474
Dubai Office :
ABCN, P. O. Box 183125,
4th Floor, Block-B,
Business Village, Deira,
Dubai, UAE
Tel : +971 4 230 6085
Mob: +971 55 478 6464
Singapore Office:
17, Phillip Street,
#05-01, Grand Building,
Singapore-048 695
Tel : +65 3108 0250
Advisory Services
Strategic & Risk Advisory Services
Techno economic Feasibility Studies
Economic Viability & Financial Appraisal
Business Plan Formulation
Technical Assurance Services
Technical Due Diligence Reviews for M & A
Lender’s & Investor’s Engineer Services
Independent Engineer’s Services
Technical Opinion and Audits
Chartered Engineers Opinion & Certification
Project Cost Investigation and Forensic Advisory
Project Appraisal and Monitoring
Valuation
Business Valuation
Valuation of Brands, Intangible Assets & Intellectual Property
Valuation of Financial Securities, Instruments and Derivatives
Valuation of Industrial Assets, Plant & Machinery
Valuation of Real Estate
Valuation of Infrastructure Assets & Specialized Assets
Purchase Price Allocations for Mergers & Acquisitions
Impairment Studies for Tangible Assets
Impairment Studies for Intangible Assets & Goodwill
Mines, Mineral Advisory and Valuation
Valuation of ESOPs and Sweat Equity
Valuation for Tax, Transfer Pricing and Company Law Matters
Fairness Opinions
Investment Banking
(SEBI Registered Category I Merchant Bank)
Mergers & Acquisitions
Transaction Structuring & Advisory
Due Diligence - Financial, Tax and Business
Fairness Opinions
Corporate Finance & Advisory
Private Equity and Venture Capital
Debt Solutions and Syndications
Partner Search and Joint Ventures
Corporate Restructuring, Business Reorganization
Financial Advisory for Dispute & Litigation
Valuation & Financial Advisory Services
Loss Assessment, Damages & Loss of Profit Analysis
Independent Expert testimony
Anti-trust & Competition Advisory
Post-Acquisition Disputes, JV & Shareholder Disputes
Civil & Construction Disputes, Real Estate Disputes
Environment Damage Assessment
Intellectual Property Rights dispute
Forensic Audit
Disclaimer
To the extent this report relates to information prepared by RBSA Advisors, it is furnished to the recipient for advertising and general information purposes
only. This report and other research material may also be found on our website at www.rbsa.in. Each recipient should conduct its own investigation and
analysis of any such information contained in this report. No recipient is entitled to rely on the work of RBSA contained in this report for any purpose. RBSA
makes no representations or warranties regarding the accuracy or completeness of such information and expressly disclaims any and all liabilities based on
such information or on omissions there from
RBSA - Range of Services