General Atlantic

Walmart's PhonePe seeks to raise $300-$400 mn from General Atlantic, others

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

PhonePe raises $100 mn in additional funding at $12 bn valuation

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

PhonePe raises $350 mn from General Atlantic; now bigger than Swiggy, Paytm

Joins decacorn club as most-valued fintech after topping $12-billion valuation in new funding

Amagi's valuation crosses $1.4 bn amid funding woes, raises $100 mn

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

Truly sorry to those who'll have to leave Byju's, says Raveendran to staff

The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees

Nord Stream explosions show the deep sea is now a zone of conflict

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 sells 1.21 mn KIMS shares worth Rs 151 cr

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 sells 1.66 mn shares of KIMS worth Rs 204 cr

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 plans $2 billion investment in India, Southeast Asia

General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer

General Atlantic plans $2 bn investment in India and Southeast Asia

Region's startups more attractive, says senior executive of company at World Economic Forum summit in Davos.

Edu-tech major BYJU'S raises $200 mn from its investor General Atlantic

The sources added that BYJU'S has raised over $1.3 billion and the current round values it at about $8.2 billion

Sequoia, GA exit Mu Sigma, get 2.5-3 times return on investments

Mu Sigma was among the earliest players in the data analytics segment that was founded in 2004

KFin Tech files for Rs 2,400-cr IPO, provides exit for General Atlantic

KFin Tech offers services and solutions to intermediaries operating in capital market ecosystem such as mutual funds, AIFs and wealth management firms

Acko raises $255 mn at unicorn valuation from General Atlantic, CPPIB

Total funds raised by the digital insurer now stand at $450 million

Tiger Global, others buy $50 mn shares from existing investors of Unacademy

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

Jan to Sep VC investments down nearly 17 per cent YoY to $6.5 billion

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million

Abu Dhabi Investment Authority invests Rs 5,512.50 cr in Reliance Retail

With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion

General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake

Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds

Top headlines: All acquitted in Babri case, Apr-Aug fiscal deficit overruns

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

RIL gains 1% as General Atlantic to invest Rs 3,675 cr in Reliance Retail

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