A Compilation of VC And M&A Deals In Digital Media In 2006


The year 2006 definitely hasn’t been a bad year for the Indian digital media business from the POV of venture capital and merger and acquisitions. There were as many as 26 venture capital deals publicly announced. That has brought in about $175 million in VC money alone in 2006. The M&A has also been picking up with more than a dozen deals while the most of figures are undisclosed. Here is a quick compilation.

Key VC deals in the Indian digital media and technology sector
1. iJive



I think zook doesnt seem to have made to the list. It got funded by Nadathur with $1.8 million if i am not wrong.

Sibi Mathews

Can anyone access the deal size of 3i Infotech with its aquisitions of these firms as well as the bankers that were involved. Do you know any specific site ( if such available to access that information):

Target Company Acquirer
aok in-house BPO Services Ltd 3i Infotech
aok in-house Factoring Services Pvt Ltd. 3i Infotech
KNM Services Private Ltd. 3i Infotech
Professional Access 3i Infotech
E-Enabled Services 3i Infotech
Stex software 3i Infotech
Corban Systems 3i Infotech
Rhyme Systems 3i Infotech
Edgeware Technologies 3i Infotech
G4 Technologies 3i Infotech
Delta Services 3i Infotech
Datacons 3i Infotech
WhizInfo Technologies 3i Infotech
SDG Software 3i Infotech
Formulaware 3i Infotech
Business Solutions 3i Infotech
Distinctive Solutions 3i Infotech

Dunn Solutions Cranes Software
LatentZero Fidessa
TAP Solutions Asset Control
SmartQuant technology Quant House
Syndesis Subex Azure
Institutional Shareholder Services RiskMetrics Group
TKS-Teknosoft TCS
Cameron Systems Orc Systems
Rufus(Bank of NY) Bravura Solutions
Valubond, Inc., Knight Capital Group
Anvil Software ION Trading
Mantas (US based) iFlex
FNS (Australian based) TCS
Hotspot FX, Inc Knight Capital Group
Itellix (India based) Corpus
Paloma Partners Management Company JP Morgan
Worldwide Securities

Sramana Mitra


They are doing very little outside Consumer Internet in India. You can read my Venture Capital in India article on my web site (under Articles).


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