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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Grapevine: General Atlantic set to buy Ujala Cygnus; Endiya Partners plans third fund

General

22 December, 2023

Grapevine: General Atlantic set to buy Ujala Cygnus; Endiya Partners plans third fund

Private equity firm General Atlantic is set to acquire an about 70% stake in Ujala Cygnus Healthcare Services, a multi-specialty ......

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General Atlantic midway on its $700 mn exit from India portfolio

Finance

15 December, 2023

General Atlantic midway on its $700 mn exit from India portfolio

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India and is believed to ......

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Grapevine: General Atlantic-backed firm mulls IPO; NIIF-backed lender seeks funding

General

13 December, 2023

Grapevine: General Atlantic-backed firm mulls IPO; NIIF-backed lender seeks funding

Capital Foods Ltd is weighing the possibility of floating an initial public offering after talks to sell a majority stake ......

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General Atlantic to acquire minority stake in traveltech platform TBO

TMT

23 October, 2023

General Atlantic to acquire minority stake in traveltech platform TBO

US-based private equity firm General Atlantic has agreed to acquire a minority stake in traveltech company TBO Tek Ltd, which operates the online travel ......

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General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

TMT

10 October, 2023

General Atlantic-backed Amagi in talks with sovereign funds to raise $250 mn

Media technology firm Amagi is in talks with new and existing investors to raise as much as $250 million in ......

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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

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Bottomline: General Atlantic-backed Acko's FY23 revenue growth slows, losses widen

Finance

04 October, 2023

Bottomline: General Atlantic-backed Acko's FY23 revenue growth slows, losses widen

Insurtech unicorn Acko, which has been diversifying its offerings beyond general insurance to health and life insurance, recorded a wider ......

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Bottomline: Absolute Barbeque FY23 margins stagnant despite steady topline growth

Consumer

17 August, 2023

Bottomline: Absolute Barbeque FY23 margins stagnant despite steady topline growth

Absolute Barbeque Pvt. Ltd, which operates casual dining chain Absolute Barbecues, reported a mild growth in its margin for the ......

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General Atlantic completes nearly $400 mn India exit

Finance

08 August, 2023

General Atlantic completes nearly $400 mn India exit

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India and recently clocked the first ......