M & A News Round up

* Snapdeal close to raising up to $175M led by eBay.

* PE-backed BSCPL Infrastructure calls off over $100M IPO.

* Lok Capital-backed Drishti Eye Care looks at fresh funding.

* IFC lending $91M to three investee firms–Magma Fincorp, Bandhan and Au Financiers.

* Quatrro sells game testing firm Babel Media to Irish company Keywords for $8.8M.

* SBICAP Offloads Stake In Kingfisher Airlines.

* KKR eyes stressed assets in India: Henry Kravis.

* IIT-Madras Alumni Network Plans Fund Raise.

* IVFA-controlled Atria Convergence secures debt from Olympus, Kilimanjaro.

* Unilazer Ventures appoints Supratik Sen as CEO of sports management unit.

* Itochu Asia Exits Patspin India.

* Big Data startup Crayon Data raises over $1M led by Jungle Ventures.

* German cable support systems firm PUK-WERKE acquires majority stake in Profab Engineers.

* OCA Credit, Kilimanjaro Credit Invest In Atria Convergence.

* M&A policy for telecom sector likely to be tabled before Cabinet next week.