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The new investment is likely to close in a few weeks and help the payments firm compete with Google Pay, Paytm, and Amazon Pay in the Indian fintech space
This follows $350 million in capital from General Atlantic as a part of an ongoing fundraise with a target of raising up to $1 billion in all
Joins decacorn club as most-valued fintech after topping $12-billion valuation in new funding
The media technology provider has raised over $100 mn in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic
The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees
The series of pipeline explosions have yet to be definitively proved as sabotage or attributed to any nation, but most analysts believe that the likely culprit is Russia.
General Atlantic Singapore on Monday offloaded 12.10 lakh shares of hospital chain Krishna Institute of Medical Sciences (KIMS) for over Rs 151 cr through an open market transaction. According to bulk deal data available with BSE, General Atlantic Singapore Kh Pte sold 12,10,000 shares, amounting to 1.5 per cent stake in the company. The shares were disposed of at an average price of Rs 1,250 apiece, taking the transaction size to Rs 151.25 crore. ICICI Prudential Life Insurance Company Ltd picked up the shares at the same price. As on June quarter, General Atlantic owned 17.24 per cent stake in the company, shareholding pattern with the exchange showed. In early September, General Atlantic Singapore had disposed of 16.60 lakh shares of the company. KIMS shares closed 0.51 per cent lower at Rs 1,218.60 on BSE. In a separate transaction, promoter entity of Advanced Enzyme Technologies Ltd offloaded shares of the company for over Rs 69 crore through an open market transaction. Ad
General Atlantic Singapore Kh Pte Ltd on Thursday offloaded 16.60 lakh shares of hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) for Rs 204 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), the shares were sold at an average price of Rs 1,230 apiece, valuing the transaction at Rs 204.18 crore. At the end of June quarter, General Atlantic Singapore Kh Pte Ltd owned 17.24 per cent stake in the company, as per data available with the bourse. Emerald Investments Ltd picked up 15,70,000 shares at the same price. KIMS shares closed 5.24 per cent higher at Rs 1,266.80 on NSE. In a separate transaction, TPG Dodla Dairy Holdings divested shares of dairy company Dodla Dairy Ltd for Rs 193 crore through open market transactions. TPG Dodla Dairy Holdings Pte Ltd sold 27,63,535 shares in four tranches on BSE and 10,40,000 shares on NSE, according to block deal data available with NSE and BSE. The share
General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer
Region's startups more attractive, says senior executive of company at World Economic Forum summit in Davos.
The sources added that BYJU'S has raised over $1.3 billion and the current round values it at about $8.2 billion
Mu Sigma was among the earliest players in the data analytics segment that was founded in 2004
KFin Tech offers services and solutions to intermediaries operating in capital market ecosystem such as mutual funds, AIFs and wealth management firms
Total funds raised by the digital insurer now stand at $450 million
The edtech unicorn has concluded secondary share transaction. Deal helps Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic double down on their investment
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million
With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion
Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds
From special court acquitting all accused in Babri demolition case to General Atlantic investing in Reliance Retail, Business Standard brings you top news of the evening
General Atlantic's investment will translate into a 0.84 per cent equity stake in RRVL. The deal values Reliance Retail at a pre-money equity value of Rs 4.285 trillion