Investment Summary

SIDBI Venture Capital Invests In Strides Software Solutions

On May 21, 2018, growth capital firm SIDBI Venture Capital invested in software company Strides Software Solutions

Investment Highlights
  • This is SIDBI Venture Capital’s 3rd transaction in the Software sector.
  • This is SIDBI Venture Capital’s 40th transaction in India.

Investment Summary

Date 2018-05-21
Target Strides Software Solutions
Sector Software
Investor(s) SIDBI Venture Capital
Deal Type Growth Capital

Target

Strides Software Solutions

Aurangabad, India
Strides Software Solutions is a technology company which provides SAAS based blood management software solutions to Government, private and standalone Blood Banks. The company’s Flagship product ‘Safetrans’ is a blood traceability software system embedded with an in-depth transfusion medicine rule engine in order to support good transfusion practices and to eliminate cognitive errors from all stages of the blood transfusion process. Strides Software Solutions was founded in 2010 and is based in Aurangabad, India.

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Investor(S) 1

Investor

SIDBI Venture Capital

Navi Mumbai, India

Category Growth Capital Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

SIDBI Venture Capital Limited is a private investment firm that seeks growth oriented investment opportunities across India. In addition to early stage company commitments, SIDBI Venture will also consider growth investments in businesses with a track record of proven technology or business model. Sectors of interest include life sciences, retailing, light engineering, food processing, information technology, infrastructure related services, healthcare, logistics and distribution. SIDBI Venture Capital was formed in 1999 and is based in Mumbai.


DEAL STATS #
Overall 43 of 50
Sector: Software M&A 3 of 3
Type: Growth Capital M&A Deals 14 of 16
Country: India M&A 40 of 47
Year: 2018 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 Mobisy

Bengaluru, India

Mobisy is engaged in the business of providing mobile first SaaS-based platform that helps consumer companies get real-time distribution insights for deeper market penetration. Currently, MTPL has 2 platforms viz. Bizom & Distiman. Bizom enables its clients to improve sales and distribution, marketing and new product launch processes. Distiman acts as a virtual distributor for retailers. Mobisy was founded in 2007 and is based in Bengaluru, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-25 Iris Polymers

Pune, India

Iris Polymers is engaged into manufacturing of mulch films, low tunnel and shrink films mainly used in agriculture and plant protection cover. Iris Polymers was founded in 2010 and is based in Pune, India.

Buy -