US-based investment firm General Atlantic recently announced that it will be investing ₹6,600 crore in Mukesh Ambani-led Jio Platforms for a 1.34% stake in the company. According to a company statement, the investment values Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore. “This investment continues…
Edtech start-up BYJU’S recently announced that it has raised additional funding from existing investor General Atlantic. While the company didn’t mention the exact amount of funding, sources familiar with the development have said that it’s close to $200mn at a valuation of $8bn. The announcement comes weeks after Tiger Global invested $200mn in the startup.…
Snapdeal.com, is set to see a major investment from General Atlantic Partners. The PE funding, is expected to be around $ 80 – 100 Million, and may also see participation from the existing investors – Bessemer Venture Partners, Nexus Venture Partners and IndoUS Venture Partners. Snapdeal.com, which started as a group deal site, has in…