New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com.
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Airbnb confirms $1.5 billion fund raising round
Airbnb, the US home-sharing startup, has confirmed closing of $1.5 billion fund-raising round. The latest closure of fundraising puts the unicorn startup at staggering valuation.
Online lender Avant Inc raises $659mn from JPMorgan, PE firms
Chicago-based start-up lender Avant Inc has mobilized $325millions in its latest round of funding from a private equity (PE) firm General Atlantic and JPMorgan Chase & Co. Balyasny Asset Management and Tiger Global Management LLC are also investing in the round taking total fund-raising for Avant to $659mn till date. General Atlantic-led round is expected to close in October. With this fund-raising, the valuation of Avant is pegged at $1billion. The start-up firm is planning to use the mobilized funds to offer various financial products and fund its global expansion plan.
Squarespace gets USD40 million Series B funding
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
Citius Tech receives "significant investment" from General Atlantic
CitiusTech, a healthcare IT firm, was able to get an undisclosed substantial investment amount from growth equity firm General Atlantic, a statement about the funding said.
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Business process and technology services provider Genpact Ltd said U.S. private equity firm Bain Capital Partners will buy a 30 percent stake in the company from General Atlantic and Oak Hill Capital Partners.
Private equity firm General Atlantic LLC has invested $125 million in Box. Private equity firm General Atlantic LLC has invested $125 million in Box, the fast-growing cloud storage start-up seen as a likely candidate for an initial public offering.
One of Facebook's earliest investors has turned his attention to a distant market with a small but lively start-up scene: Brazil.
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