General Atlantic
PE investors must think more deeply about value-add - AVCJ Forum
PE and VC firms should think more carefully about how they can add value to portfolio companies, using their board representation as a tool for constructive guidance as much as oversight, industry participants told the AVCJ Singapore Forum.
China's Meituan enters the big league
Asked whether, two years ago, he could have envisaged Chinese group-buying site Meituan achieving a $7 billion valuation Feng Deng, founding managing director of Northern Light Venture Capital, gives a swift no.
General Atlantic invests in India's CitiusTech
General Atlantic has invested in Indian healthcare technology services firm CitiusTech. Financial details were not disclosed but GA is understood to have paid around $110 million for a significant minority stake.
General Atlantic, India Equity Partners seek action against Fourcee Infrastructure
General Atlantic (GA) and India Equity Partners (IEP) are pursuing legal action against their portfolio company Fourcee Infrastructure Equipments, accusing executives of “extensive forgery and willful deceit.”
Baring Asia to take majority stake in India's Hexaware, General Atlantic exits
Baring Private Equity Asia will acquire a 41.8% holding in Hexaware Technologies, an IT and business process outsourcing services firm, from the founders and General Atlantic (GA) for up to INR16.87 billion ($261.9 million). It will then have to make...
General Atlantic appoints new India senior VP
General Atlantic (GA) has appointed Alok C. Misra as senior vice president of the firm’s Resources Group in Mumbai.
General Atlantic expands India team
Global PE firm General Atlantic has expanded its investment team in India with several new hires at its Mumbai office. The new hires include Shantanu Rastogi, who will be a principal with the firm, and associates Vijay Venkat and Varun Talukdar.
Bessemer backs Indian IT services provider Anunta
Bessemer Venture Partners (BVP) has invested in Anunta Technology Management Services, a cloud-based IT services company, as part of Series A investment round. Financial details of the deal were not disclosed.
Accel Partners leads Series C round for India's ScaleArc
Accel Partners has led a $12.3 million round of Series C funding in ScaleArc, a database infrastructure software company founded by Mumbai entrepreneur Varun Singh.
IFC to provide $25m to General Atlantic-backed Fourcee
International Finance Corporation (IFC), the private investment arm of the World Bank, will provide a loan of $25 million to Fourcee Infrastructure Equipments, an Indian logistics firm backed by General Atlantic (GA) and India Equity Partners.
General Atlantic appoints Apax's Sandeep Naik as India head
General Atlantic (GA) has appointed Sandeep Naik as managing director and head of its India office in Mumbai. Naik will lead GA’s investment advisory activity in the country, focusing on growth companies.
General Atlantic's Nash promoted in Singapore
General Atlantic (GA) has promoted Nick Nash, who co-launched the firm's Singapore office, to principal.
General Atlantic denies Snapdeal interest - report
General Atlantic says it never entered into talks with Snapdeal in what would have been the private equity firm’s first foray into Indian e-commerce.
Bain Capital to buy 30% stake in Genpact for $1b
Bain Capital has agreed to buy 30% of Indian business process outsourcing (BPO) company Genpact from Oak Hill Capital and General Atlantic (GA) for $1 billion. The sellers will still own 10% of the firm when the deal closes.
General Atlantic nears Snapdeal investment – report
General Atlantic is reportedly closing in an investment in online retailer Snapdeal, which would represent its first foray into Indian e-commerce. The private equity firm will participate in a round of funding worth $80-100 million.
Bain, GIC in $2b joint bid for Genpact stake - report
Bain Capital has reportedly teamed up with the Government of Singapore Investment Corp. (GIC) to formulate a joint bid for a 41% stake in Indian business process outsourcing (BPO) company Genpact.
Apax, Bain in race for $1.4b Genpact stake
Apax Partners and Bain Capital are reportedly competing for the 41% stake in Indian business process outsourcing (BPO) company Genpact being sold by Oak Hill Capital and General Atlantic (GA). The stake is valued at $1.4 billion, which could make this...
Everstone hires Accel's Prateek Dhawan
Everstone Capital has reportedly hired Prateek Dhawan direct from Accel Partners as a senior member of its investment team.
Warburg Pincus and GA in talks to invest $200m in Aegis
US-based Warburg Pincus and General Atlantic (GA) are in talks to invest as much as $200 million for a stake in Aegis, the IT services arm of Indian industrial conglomerate Essar Group.
Kedaara to pursue carve-outs from Indian conglomerates
Kedaara Capital, the private equity firm created by Manish Kejriwal and Sunish Sharma, formerly of Temasek India and General Atlantic India, respectively, will focus on investments in carve-outs and spin-offs of non-core assets from large corporations....
General Atlantic branches into Singapore
General Atlantic (GA) has opened an office in Singapore, adding to an Asian presence that already includes bases in Beijing, Mumbai and Hong Kong. Managing Director Abhay Havaldar will lead a team tasked with expanding the private equity firm’s reach...
Big money deal for big data giant Mu Sigma
The amount of data in the world doubles every 18 months. Thanks to social networking, internet-enabled mobile phones and government surveillance, five times more digital information will be created this year than in 2008, according to market intelligence...
GA invests $125m in India's Fourcee
General Atlantic (GA) is investing up to $125 million for a minority stake in Fourcee Infrastructure Equipment, a Mumbai-based logistics firm.
General Atlantic invests $108m in Mu Sigma
General Atlantic (GA) has led a $108 million round for India-focused analytics services provider Mu Sigma, in what may be the largest private equity deal in this segment in an emerging market.