General Atlantic to invest Rs 3675 crore in Reliance Retail Ventures
NEW DELHI: Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced today that General Atlantic, a leading global growth equity firm, will invest Rs 3,675 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. General Atlantic’s investment will […]
General Atlantic to invest Rs 6,598.38 crore in Jio Platforms
NEW DELHI: Reliance Industries Limited and Jio Platforms Limited (Jio Platforms), India’s leading digital services platform, today announced an investment of Rs 6,598.38 crore by General Atlantic, a leading global growth equity firm. This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh […]
PNB to sell stake in PNB Housing to General Atlantic, Varde Partners for Rs 1,851 crore
NEW DELHI: State-run Punjab National Bank (PNB) on Friday said it will sell its partial stake in PNB Housing Finance to global private equity firm General Atlantic Group and alternative investment firm Varde Partners for Rs 1,851.6 crore. PNB has entered into agreements in relation to the said transactions Friday, the public sector bank said […]