Transactions

Co-founded by Sumeet Jain, Kashyap Matani, Tumul Buch and Jinesh Bagadia in 2015, Yocket is India’s largest and the only tech-first full stack app based online platform connecting students aspiring to study abroad with international universities and ecosystem, and creating a community. Yocket with its University Finder, Profile Matching, Test Prep, Admissions Tracking, Community Engagement and other tools helps the students through research, applications, admissions, and post-admissions. Yocket is also the trusted partner for the international universities for sourcing quality students by providing a platform to engage with the large student community and run targeted student campaigns. Merisis was the exclusive advisor to Yocket for this transaction.

Gegadyne Energy Labs is a Mumbai based alternate battery technology start-up developing innovative energy storage (battery) solutions, which could deliver better battery performance on key parameters like total cost of ownership (TCO), Life Cycle, Recharge time, Safety profile and Maintenance costs, compared to prevalent battery technologies. In addition, all key raw materials can be sourced locally, thereby providing distinctive advantage against some of the upcoming battery technologies based on rare metals with significant import dependence. Merisis was the exclusive advisor to Gegadyne for this transaction.

Truebil was co-founded by ex-IITians namely Suraj Kalwani (CEO), Ravi Chirania, Shubh Bansal, Rakesh Raman and Ritesh Pandey in 2015. Truebil is an omnichannel platform for buying and selling of used cars. It operates virtual marketplace for trading used cars in Mumbai, Bangalore and Delhi, along with a retail vertical called Truebil Direct. Spinny is a new age used car retailing platform in India. It operates an online platform to facilitate sale and purchase of used cars for its customers. Spinny operates in five cities in India. Merisis was the exclusive Financial advisor to Truebil for this Transaction.

Melorra was founded in 2016 by Saroja Yeramilli, a veteran of 20+ years in brand building for profitable consumer brands like Titan, Tanishq, Kaya and Dell in India and the USA. Melorra is a fashion-forward daily-wear jewellery brand targeted at millennial women. It is India’s largest online jewellery company, having served more than 85,000 customers in 1,650 towns pan-India. Melorra raised US$10.5 million equity from Symphony Capital, a Hong Kong based PE fund, with participation from family offices and existing investors as well as a US$ 2 million venture debt round from Alteria Capital. Merisis was the exclusive advisors to Melorra for this transaction

Melorra was founded in 2016 by Saroja Yeramilli, a veteran of 20+ years in brand building for profitable consumer brands like Titan, Tanishq, Kaya and Dell in India and the USA. Melorra is a fashion-forward daily-wear jewellery brand targeted at millennial women. It is India’s largest online jewellery company, having served more than 85,000 customers in 1,650 towns pan-India. Melorra raised US$10.5 million equity from Symphony Capital, a Hong Kong based PE fund, with participation from family offices and existing investors as well as a US$ 2 million venture debt round from Alteria Capital. Merisis was the exclusive advisors to Melorra for this transaction

Koye Pharmaceuticals was founded in 2013 by Preetish Toraskar and Ravindra Shenoy, both veterans of the pharma industry. One of the fastest growing mid-sized pharmaceutical companies, Koye offers branded pharmaceutical products across therapeutic segments including womens healthcare, respiratory care, primary care, diabetes care and consumer healthcare. Koye Pharmceuticals raised US$ 5 Mn from Blacksoil Capital. Merisis was the exclusive advisors to Koye on this transaction.

Perfios is the leading product technology company in the FinTech space enabling Financial Institutions in realtime decisioning, analysis and credit underwriting. Perfios currently works with 300+ clients including Banks, NBFCs, Digital Lending platforms, Mutual Fund Companies, Insurance companies etc., in India and abroad. FintechLabs Technologies is engaged in the business of providing digital lending management software to banks, NBFCs, digital lenders and financial institutions in India and internationally. FintechLabs solutions are used by 40+ clients across 10 countries including India, Southeast Asia & Middle east region. Merisis Advisors was the exclusive advisor to Perfios on this transaction.

Durocrete is a leading name in the field of construction material testing with 3 laboratories located in Mumbai, Pune and Nashik. CQRA is a construction management company and an Independent Quality Assessment Agency.ACTS is a leading third-party provider for Geotechnical Engineering, Material Testing, and Consulting. The company has offices in Lebanon, Qatar, KSA, UAE, Oman, Kuwait, Rwanda and Ken

Truebil was co-founded by ex-IITians namely Suraj Kalwani (CEO), Ravi Chirania, Shubh Bansal, Rakesh Raman and Ritesh Pandey in 2015. Truebil is an omnichannel platform for buying and selling of used cars. It operates virtual marketplace for trading used cars in Mumbai, Bangalore and Delhi, along with a retail vertical called Truebil Direct. Spinny is a new age used car retailing platform in India. It operates an online platform to facilitate sale and purchase of used cars for its customers. Spinny operates in five cities in India. Merisis was the exclusive Financial advisor to Truebil for this Transaction.

Diptab Ventures Pvt. Ltd., dba LetsTransport: Founded in 2015 by Indian Institute of Technology, Kharagpur graduates Pushkar Singh, Sudarshan Ravi and Ankit Parasher, LetsTransport enables last-mile delivery through its network of mini trucks in seven cities.  It provides services to industries including fast moving consumer goods, e-commerce and retail. It operates an asset-light model with a multi-modal network of trucks that helps bring operational efficiency for truck owners. Merisis was the exclusive financial advisor to LetsTransport in this transaction.

Diptab Ventures Pvt. Ltd., dba LetsTransport: Founded in 2015 by Indian Institute of Technology, Kharagpur graduates Pushkar Singh, Sudarshan Ravi and Ankit Parasher, LetsTransport enables last-mile delivery through its network of mini trucks in seven cities.  It provides services to industries including fast moving consumer goods, e-commerce and retail. It operates an asset-light model with a multi-modal network of trucks that helps bring operational efficiency for truck owners. Merisis was the exclusive financial advisor to LetsTransport in this transaction.

Founded in 2016 by Anand, Padmanabhan Balakrishnan and Sanchit Mittal, Vogo is a dockless scooter sharing company. The platform lets consumers rent scooters for short one-way trips to different locations across Bengaluru and Hyderabad. The app enables users to locate, unlock, and pick-up its scooters and bikes at one point, and drop it off at a different point, without the need for a docking station. Merisis Advisors was the exclusive advisor to Vogo on this transaction.

DemandShore founded in 2004, pioneered the concept of outsourced lead generation, was founded by Abhijit Gangoli and Milind Katti. Since 2004, DemandShore has been working hard to deliver value to Sales and Marketing professionals across B2B Technology companies globally in MarTech, HRTech and IT space . Salesify (A Ziff Davis Group Company)is a six-time INC. 5000 ranked company that helps sales and marketing departments of enterprise software, hardware, and IT services firms. Merisis Advisors was the exlcusive advisor to Demand shore on this transactions.

Founded by Vidya Jayaraman and Ashok Nair, Math Adventures helps children learn through a combination of short videos and an activity-based approach that uses workbooks and tablets. It has partnered with schools for classes from pre-KG to the grade eight. Enrolled with the company are about 7,000 students across 12 schools, mostly in Bengaluru  and focuses on K3 classes. Byju’s, originally started off as a coaching platform for competitive entrance exams like CAT, GMAT, GRE and expanded to UPSC, IIT-JEE, engineering & medical entrance exams. The company now has content for students studying in K-12. Merisis was the exclusive advisor to Math Adventures for this transaction

IARC was set up in 2002 by Arun Duggal, a former managing director and chief executive officer of Bank of America in India, along with former State Bank of India chairman M.S. Verma. IARC is backed by HDFC Bank Ltd, Tata Capital Financial Services Ltd, ICICI Bank Ltd, City Union Bank Ltd, FMO Netherlands and Standard Bank Plc., UK, as institutional shareholders and has assets of around Rs1,500 crore under management. Merisis Advisors was the exclusive advisor to IARC on this transaction

Perfios is the leading product technology company in the FinTech space enabling Financial Institutions in realtime decisioning, analysis and credit underwriting. Perfios currently works with 300+ clients including Banks, NBFCs, Digital Lending platforms, Mutual Fund Companies, Insurance companies etc., in India and abroad. FintechLabs Technologies is engaged in the business of providing digital lending management software to banks, NBFCs, digital lenders and financial institutions in India and internationally. FintechLabs solutions are used by 40+ clients across 10 countries including India, Southeast Asia & Middle east region. Merisis Advisors was the exclusive advisor to Perfios on this transaction.

ZipGo founded in 2014, is catering to the huge unmet demand in urban daily commute segment, leveraging technology and an asset light model to connect users with supply. It has an single minded focus on providing the best customer experience in its category. Merisis was the exclusive advisor to Zipgo on its fund raise

PSI Hydraulics (“PSI”) is India’s 3rd largest company in the field of Hydraulic Fluid Conveyance Solutions having operations in Bengaluru and Udaipur. PSI’s products are supplied to OEMs and End Users for use in heavy earth moving, construction, surface and underground mining equipment, machine tools, plastic injection molding machines, material handling equipment, and steel, cement and defense equipment. Manuli Hydraulics: Manuli Hydraulics, a division of Manuli Rubber Industries (MRI)is one of the top global fluid solutions conveyance companies. Manuli Hydraulics is focused on achieving excellence in the design, manufacture and supply of fluid conveyance solutions, components and associated equipment for high pressure hydraulics, refrigeration and oil and marine applications. Manuli Hydraulics has over 2,000 employees, with manufacturing and logistics facilities located in 14 countries throughout the world.

Grab.in: Grab.in provides hyperlocal logistics services to food-tech, groceries, e-commerce companies and banks. It provides services such as on-demand deliveries, reverse deliveries, first-mile management and last-mile management. It also offers services including rider network, deliveries, real-time tracking, variable pricing, application programming interface (API) integration etc. As of July 2016, the company was working with over 1,000 merchants across 10 cities. The company’s clients include McDonalds, Zomato, Faasos, Big Bazaar and Snapdeal, amongst others

Ola Cabs is a new age travel company which provides cab services to consumers. Ola aggregates cabs on their platform and connects them to the nearest passenger through their automated platform. They have raised capital from Tiger Global, Matrix Partners, Sequoia Capital, Steadview Capital and Softbank. The company was founded in 2010 by IIT Bombay graduates Bhavish Aggarwal and Ankit Bhati Merisis Advisors advised Ola, a technology company in the taxi aggregation space on its purchase of a company in a complementary area in April 2015 in a domestic M&A transaction.

Voylla is a digital first brand which has in a short period of time establish itself as the leading fashion jewellery brand in India.They have raised capital from Snow Leopard Ventures and Peepul Capital. The company was founded in 2012 by Ex-Amazonian Vishwas Shringi and is based out of Jaipur, Rajasthan. Peepul Capital : Peepul Capital LLC is an Institutional Investor that partners with companies and helps them grow fundamentally stronger and better through its extensive operating and entrepreneurial experience. Founded in 2000, Peepul Capital is one of the early entrants into the Private Equity space in India. Between its three Funds, it manages a corpus of approximately USD700 Million of growth-oriented investments that are India-centric. Merisis Advisors advised Voylla, a leading fashion jewellery brand on its fund raise from Peepul Capital in October 2015.

Housing.com: Housing.com is one of the world’s fastest-growing online real estate platforms. Housing aims to give home-seekers and home-owners respite from endless on-site visits, negotiations, paperwork, fake listings, and more. With 100% verified listings and genuine pictures of properties, getting a new place is just a few clicks away! Within 4 years of existence, Housing has risen rapidly and has become the leading real estate services company in India with a strong team numbering in the thousands. Housing is backed by marquee Private equity and venture capital investors like Softbank, Helion, Nexus, Nirvana and others Homebuy360: homebuy360 allows builders, brokers and buyers to manage pre-sales, post-sales and value added services like chat, task management, reporting and dashboard among others Merisis Advisors advised its client, Housing.com, a comprehensive services company for all form-factors of real estate in its acquisition of homebuy360, a cloud based sales lifecycle management platform in a domestic M&A transaction

Housing is one of the leading online real estate portals in India.Realty BI is Housing’s second acquisition this year.Realty BI has been working with non-banking financial companies to provide a unified collateral risk assessment platform, assuring a 50% cut in costs and back-end work related to due diligence

The US-based firm sold off its domestic infrastructure management services (IMS) operations to MindSquare Technologies for about $5 million.Set up in 2012 by industry veterans Balakumar Vijayendran, Sanjay Nayak and Vaishali Bansal, MindSquare offers a range of managed infrastructure services. Earlier this year, it received a strategic investment from 1neoteric and became part of the 1neoteric Group.

Founded in 2008, Clarice Technologies has offices in California, US, and Pune and Bangalore in India. The Company has developed deep know-how in some of the most innovative technology trends, and has applied this knowledge working for many Fortune 500 companies. As a proof of their focus on innovative solutions, it received Red Herring Global Top 100 award in 2013, Deloitte Technology Fast 50 award in 2014 and Gartner included Clarice Technologies in their “Cool Vendors in Application Services” Report, in 2015. Globant : Globant is a new-breed technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and trends. Globant combines the engineering and technical rigor of IT services providers with the creative approach and culture of digital agencies. It was recognized as one of the top ten innovative companies in South America by Fast Company and by Gartner as a “Cool Vendor” in 2010. Merisis Advisors advised its client, Clarice Technologies, a leading product engineering company, blending design experience with technology, in its acquisition by Globant Inc (NYSE GLOB), a new breed technology service provider delivering innovative software solutions by leveraging emerging technologies.

Mylabyogi.com, owned and operated by Infolink Health Services Pvt. Ltd., is engaged in providing health care services. Its services include online booking for diagnostics tests and report delivery at doorsteps. The company provides customers with information like laboratory location, accreditation, pricing and report delivery time

Ola Cabs is a new age travel company which provides cab services to consumers. Ola aggregates cabs on their platform and connects them to the nearest passenger through their automated platform. They have raised capital from Tiger Global, Matrix Partners, Sequoia Capital, Steadview Capital and Softbank. The company was founded in 2010 by IIT Bombay graduates Bhavish Aggarwal and Ankit Bhati Merisis Advisors advised Ola, a technology company in the taxi aggregation space on its purchase of a company in complementary area in April 2015 in a domestic M&A transaction

Zwitch: Founded in 2013, Zwitch is a full-stack payment platform enabling developers accept online and mobile payments TranServ: Transerv is engaged in providing prepaid payments programme solutions. It offers prepaid card, mobile card, remittance card, gift card, employee cards, sales channel incentive cards and customer engagement card based solutions

Unico Retail: Unico Retail is engaged in manufacturing and marketing of lifestyle products. It offers handbags and wallets and other accessories. It sells its product under the brand name Peperone and Donna and Drew through national chains, merchants, boutiques, home shopping networks and online retailers. The company started as a handbags manufacturer for other brands in 2011 and launched its own handbag label in 2012

Alia Group is a diversified business group in the space of Marketing Services. It is an innovation-focused enterprise that functions at the intersection of Knowledge, Brands and Markets. This makes it the 3rd divestment for the Sanjeev Malhotra led Alia Group (previously he has divested to Future Group‘s Kishore Biyani and the Anand Deshpande led Persistent Systems). Diadeis: Diadeis is one of the top global premedia agencies, and it offers a comprehensive range of graphic creation, prepress and brand lifecycle technology services. Headquartered in Paris, the company is present in countries all over Europe, Asia, the Americas, Middle-East and Africa, and serves clients from more than 60 countries. Merisis Advisors advised Alia, a pre-media firm on its sale to a French multi-national design and pre-media agency, Diadeis in April 2014 in a cross border M&A transaction.

OnsiteGo provides after-sales services for consumer electronics and home appliances. Company’s OnsiteGo Extended Warranty supports the covered products even after the manufacturer’s warranty has expired. Onsite’s Extended Warranty plans can be purchased from the company website, its partner companies like Amazon, Flipkart, Snapdeal or Croma, or other offline partner stores across the country. The company also provides damage protection services for mobile phones, tablets and laptops and screen protection program

About the Wayne Burt Group Wayne- Burt Group – A $2 billion asset based conglomerate comprising of a group of companies of with diversified interests in Engineering & Aerospace, Oil & Gas, Petrochemicals and Energy businesses with a strong presence in India and USA. The Founder – Promoter of the Wayne Burt group – Mr. T.G.S.Mahesh is a first generation technocrat entrepreneur and an investment banker with experience across various sectors – IT, Telecom, Manufacturing, Banking and with the proven expertise of turning around companies into highly successful profitable ventures. For more information visit us at www.wayneburt.net About Pennar Industries Ltd Pennar Industries Limited is one of the leading engineering organizations in India with diverse product offerings. It is a multi-product, multi-location enterprise, manufacturing a wide range of value-added steel products. Pennar’ s products find application in diverse segments such as Railways, Automobiles, Building & Construction, Pollution Control, Infrastructure, Road Safety Systems and General Engineering. For more Information visit us at www.pennarindia.com

Ola Cabs is a new age travel company which provides cab services to consumers. Ola aggregates cabs on their platform and connects them to the nearest passenger through their automated platform. They have raised capital from Tiger Global, Matrix Partners, Sequoia Capital, Steadview Capital and Softbank. The company was founded in 2010 by IIT Bombay graduates Bhavish Aggarwal and Ankit Bhati Merisis Advisors advised Ola, a technology company in the taxi aggregation space on its purchase of a company in complementary area in April 2015 in a domestic M&A transaction

Knowlarity is a cloud telephony service provider based out of Singapore & NCR. It provides voice application services to SMEs in India and rest of the world. It was founded in 2009 by IIT Kanpur graduates Ambarish Gupta and Pallav Pandey. Sequioa Capital : Sequoia Capital is a venture capital firm specializing in incubation, seed stage, start-up stage, early stage, and growth stage investments in private companies. Sequioa has partnered with many notable companies like Just Dial, Idea Cellular, Fasoos, Micromax, Ola, Quick Heal, Prataap Snacks, Wildcraft, SKS microfinance, Suburban Diagnostics, VIA, Capillary Technologies etc. in India. Merisis Advisors advised Knowlarity on its Series-B fund raise for $ 6.5 Mn from Sequioa Capital in January 2012.

Taurus Flexibles : Jamshedpur-based Taurus Flexibles is a manufacturer of hoses and fuel lines for passenger cars and commercial vehicles. Taurus Flexibles is part of Taurus group, which was founded in the year 1971 and was the first hydraulic hose plant in India. At present, it has five plants at Jamshedpur, two plants at Pune and one in Hosur, Tamil Nadu. Cikautxo S. Coop : Cikautxo is part of the MONDRAGON Corporation and specialises in the development and production of rubber and plastic components for a variety of different applications. Cikautxo’s target market ranges from Automotive and household appliances to medical sectors. Merisis Advisors advised Taurus, an Indian auto component group on its stake sale to Cikautxo, a Spanish industrial components maker in July 2011 in a cross-border M&A transaction.