VENTURE CAPITAL POST

Gurgaon, India-based online travel agency Yatra.com took home INR140 crore in its fifth funding round led by IDG Ventures India and Vertex Venture Holding to fund future acquisitions.

Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.

Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.

India-based IT and engineering services provider Global Economic Advantage Pvt Ltd purchased Samtel Engineering and Sourcing Solutions Pvt Ltd including its wholly owned German unit for an undisclosed sum.

Lanco Infratech on Friday reportedly met with a consortium of over 25 lenders to discuss details on its proposed INR7,500 crore corporate debt restructuring deal. The said deal will also give the cash-strapped company access to a new credit of INR3,500 crore.

Blackstone Group, the second biggest realty firm in India, may soon replace DLF as the top real estate developer with its series of acquisitions in the country.

Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.