General Atlantic: News
02 Jul 2024
BengaluruKarnataka HC overturns NCLT's stay on BYJU'S second rights issue
The Karnataka High Court has overturned a previous order by the National Company Law Tribunal (NCLT) that had barred edtech firm BYJU'S from initiating a second rights issue.
20 Nov 2020
Mukesh AmbaniReliance Retail raises Rs. 47,265cr from sale of 10% stake
Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.
14 Sep 2020
OracleOracle wins TikTok US bid, but not for 'full sale'
After months of discussions and complications, Chinese giant ByteDance is finalizing a deal for the US business of TikTok.
02 Sep 2020
FacebookEd-tech start-up Unacademy raises $150 million, joins elite unicorn club
Bengaluru-based ed-tech start-up Unacademy has joined the elite unicorn club of India.
27 Aug 2020
Ministry of Corporate AffairsEd-tech unicorn BYJU's secures $122 million from Russian billionaire's fund
Homegrown ed-tech unicorn BYJU's has raised $122 million (Rs. 909 crore) from DST Global, the investment fund started by Russian tech billionaire Yuri Milner.
22 Jul 2020
XNewsBytes Briefing: Snap's revenue grows; Moderna's vaccine won't be cheap
The big story in the technology world is: Snap reported its earnings for Q2 2020 with notable gains - 9 million new users and 17% YoY growth in revenue.
22 May 2020
Mukesh AmbaniJio Platforms raises Rs. 11,367 crore from KKR: Details here
Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore ($1.5 billion) from US-based equity firm KKR.
17 May 2020
JioJio Platforms raises Rs. 6,598 crore from General Atlantic
Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.
19 Feb 2020
XIndian ed-tech start-up Unacademy raises $110M from Facebook, others
Unacademy, one of the fastest-growing ed-tech start-ups in India, has now been backed by the biggest social media company in the world - Facebook.
08 Aug 2018
WhatsAppWorkplace messaging service Slack is raising $400mn in new round
On the back of acquiring its rivals just a couple of weeks back, workplace messaging service Slack is reportedly raising more funding, this time around $400mn.
16 Aug 2017
Travis KalanickUber's $12bn investor deal hinges on Benchmark/Kalanick lawsuit
The troubled ride-hailing company Uber is reportedly looking to raise $12bn-worth funds from four investors, Japan's SoftBank Group, China's Didi Chuxing, and American equity firms Dragoneer Investment Group and General Atlantic.
