General Atlantic

Showing of 1 - 20 from 28 results
General Atlantic - Total results - 28
General Atlantic to invest Rs 3,675 crore in Reliance Retail for 0.84 percent stake
Business

General Atlantic to invest Rs 3,675 crore in Reliance Retail for 0.84 percent stake

The investment values Reliance Retail at a pre-money equity value of Rs 4.28 lakh crore, which is more than the previous two deals done at a valuation of Rs 4.21 lakh crore

Intel to acquire 0.39% stake in Jio Platforms for Rs 1,895 cr; will be 12th firm to invest in Reliance Industries' digital arm
India

Intel to acquire 0.39% stake in Jio Platforms for Rs 1,895 cr; will be 12th firm to invest in Reliance Industries' digital arm

The Intel deal values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Abu Dhabi fund Mubadala to invest Rs 9,093 cr in Jio Platforms; becomes sixth investor in Reliance Industries unit in as many weeks
Business

Abu Dhabi fund Mubadala to invest Rs 9,093 cr in Jio Platforms; becomes sixth investor in Reliance Industries unit in as many weeks

The deals underline the status of Jio Platforms as a tech powerhouse and its ability to dominate India’s booming digital economy.

Reliance Industries selling 17% stake in Jio Platforms in one month to help pare half its net debt: Moody's
Business

Reliance Industries selling 17% stake in Jio Platforms in one month to help pare half its net debt: Moody's

Reliance Industries selling over 17 percent stake in its digital unit Jio Platforms for a combined Rs 78,562 crore in one month will help pare about half of its net debt of Rs 1.61 lakh crore, Moody's Investors Service said on Friday

Will look for more digital, tech-driven investments in India, says Sanjay Nayar of KKR
Business

Will look for more digital, tech-driven investments in India, says Sanjay Nayar of KKR

KKR will be investing Rs 11,367 crore in Jio Platforms for a 2.32 percent stake. This is KKR's largest investment in Asia.

KKR-Reliance Jio Platforms deal: All you need to know about the US-based private equity firm
Business

KKR-Reliance Jio Platforms deal: All you need to know about the US-based private equity firm

Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms

KKR will invest Rs 11,367 cr into Reliance Jio Platforms: Key takeaways from the deal with global PE firm
Business

KKR will invest Rs 11,367 cr into Reliance Jio Platforms: Key takeaways from the deal with global PE firm

KKR will invest Rs 11,367 crore into Jio Platforms: Key takeaways from the deal with global PE firm

Reliance strikes 5th deal, sells 2.32% in Jio Platforms for Rs 11,367 cr to US PE giant KKR
Business

Reliance strikes 5th deal, sells 2.32% in Jio Platforms for Rs 11,367 cr to US PE giant KKR

KKR is making the investment from its Asia private equity and growth technology funds.

KKR to invest Rs 11,367 cr in Reliance Jio for 2.32% stake, fifth deal in less than a month
Business

KKR to invest Rs 11,367 cr in Reliance Jio for 2.32% stake, fifth deal in less than a month

With the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.

Funding by General Atlantic, Facebook, others to position Jio as tech player not just telco: Analysts
Business

Funding by General Atlantic, Facebook, others to position Jio as tech player not just telco: Analysts

Recent investments by Facebook, General Atlantic, Vista and Silver Lake will re-position Jio as a major tech player rather than just a telecom service provider, analysts said on Monday

Jio is uniquely positioned to democratise data and digital services, says General Atlantic's Sandeep Naik
Business

Jio is uniquely positioned to democratise data and digital services, says General Atlantic's Sandeep Naik

General Atlantic announced an investment of Rs 6,598 crore to pick up a 1.34 percent stake in Jio Platforms, valuing the latter at Rs 4.91 lakh crores

Reliance Industries shares gain nearly 2% after company announces over Rs 6,500 deal with General Atlantic
Business

Reliance Industries shares gain nearly 2% after company announces over Rs 6,500 deal with General Atlantic

Shares of Reliance Industries on Monday gained nearly 2 percent after the company announced the sale of 1.34 percent stake in its digital unit to global equity firm General Atlantic for Rs 6,598.38 crore

Unacademy raises $110 mn in funding round led by Facebook, General Atlantic; expects to earn $300 mn annual recurring revenue
Business

Unacademy raises $110 mn in funding round led by Facebook, General Atlantic; expects to earn $300 mn annual recurring revenue

Unacademy offers test series, personalised feedback and one-on-one interactions with educators for various competitive examinations, including UPSC

Real estate startup NoBroker raises $51 million from investors; funds to support expansion
Business

Real estate startup NoBroker raises $51 million from investors; funds to support expansion

NoBroker.com is a tech-based, brokerage-free real estate platform that makes real estate transactions seamless and efficient

BYJU'S to close $400 million funding round led by Naspers, company to be valued at about $3.6 billion
Business

BYJU'S to close $400 million funding round led by Naspers, company to be valued at about $3.6 billion

In June this year, BYJU'S had said it has crossed Rs 100 crore in monthly revenue and had revised its revenue targets for this year to Rs 1,400 crore.

Online education start-up Byju's in talks with private equity firms to raise around $200-300 million
Business

Online education start-up Byju's in talks with private equity firms to raise around $200-300 million

The deal, expected to close within the next few weeks, will value Byju’s at $2.2-2.4 billion if the talks are successful

Contest for Nokia's Here Maps unit seen as a 3-way race
News & Analysis

Contest for Nokia's Here Maps unit seen as a 3-way race

The contest for Nokia's maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said.

General Atlantic in talks to pick up 2-5% stake in Just Dial, Info Edge
Corporate

General Atlantic in talks to pick up 2-5% stake in Just Dial, Info Edge

At current market prices, a 2 to 5 percent stake in Just Dial, a search service provider, would be valued between $36.4 million and $90.9 million.<br />

Bain Capital buys 30% stake in Genpact for $1 bn
Business

Bain Capital buys 30% stake in Genpact for $1 bn

After weeks of speculation, BPO firm Genpact has finall announced that PE firm Bain Capital will buy 30 percent stake in the company.