General Atlantic

June has come to a close, signalling the end of the first half of 2023. However, the funding winter that has gripped Indian startups since last year continues, with new-age tech companies securing only $5.5 billion across 549 rounds in the…

Mohandas Pai, an early investor in Indian edtech giant Byju's, said on Friday the company has not paid enough attention to governance, a day after its auditor and three prominent board members resigned.Byju's and its CEO Byju Raveendran did…

TriNet Group, an online payroll services provider with a market value of $5.8 billion, is exploring a potential sale of the company, according to people familiar with the matter.The Dublin, California-based company is working with…

General Atlantic and Advent International are at an advanced stage in their bid to acquire private equity firm Everstone Capital's 40.9% stake in Restaurant Brands Asia (RBA), which operates fast-food chain Burger King in India, said…

Indian startups secured a total of $447 million in funding this week across 20 rounds, according to data provided by market intelligence firm Tracxn, a 124% surge compared to the same period last year, when startups had raised $188 million…

Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million (about Rs. 828 crore) investment from General Atlantic.With this fundraising, General Atlantic and its co-investors have contributed $550 million…

NEW YORK: Growth-equity investor General Atlantic expects to deploy up to $1 billion in new investments in India annually for the next few years, betting on businesses built around Prime Minister Narendra Modi’s push to expand financial…

Digital payments major PhonePe has received another fresh infusion of $100 million from existing backer General Atlantic and its affiliate funds as part of its $1 billion primary funding, according to two people aware of the matter. The new…

A day after cutting 12% of its workforce, Unacademy on Friday said the edtech firm’s leadership will take permanent salary cuts extending up to 25%.In a memo to employees, cofounder and CEO Gaurav Munjal told employees that the…

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