general atlantic

General Atlantic leads $50M Series C into Bold to grow digital payments in Colombia

Bold provides low-cost payment terminals, called dataphones, that enable small and medium businesses to accept link payments.

Byju’s investors seek to remove edtech group’s founder

A group of large investors in Byju’s has called for an extraordinary general meeting (EGM) where they seek to change the leadership at Byju’s days after the edtech group launched a rights

Brazilian fintech QI Tech lands $200M led by General Atlantic

Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by New York-based General Atlantic. The raise is believed to be the largest in Brazil —

Walmart pays $3.5B to increase stake in India’s Flipkart

Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s bett

PhonePe expands new funding to $850 million

General Atlantic has poured another $100 million into PhonePe, four months after leading a $350 million investment in the Indian fintech startup that has so far raised $850 million in an ongoing finan

General Atlantic invests another $100 million in PhonePe

General Atlantic has poured another $100 million into PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far raised $750 million in an ongoing fina

Amazon-backed Acko nears $120 million in new funding

Indian insurtech Acko is in late-stage discussions to secure $120 million in a funding round, a source told TechCrunch.

Jobber fixes on $100M as its platform for home services pros hits 200K users

Jobber, a startup founded out of Canada that’s built a platform for home services professionals to book customers and manage all of their workload around those jobs, has raised another $100 mill

General Atlantic values media tech Amagi at $1.4 billion in new funding

Amagi, which offers cloud broadcast and targeted advertising software to scores of media and entertainment giants, has raised a large new funding round as it looks to expand its tech offerings and inv

General Atlantic eyes increasing stake in Amazon-backed insurtech Acko

General Atlantic is in talks to invest about $50 million in Acko, two sources familiar with the matter told TechCrunch, doubling down on its bet on the Indian insurtech at a time when most investors a

General Atlantic buys out SoftBank’s 15% stake in edtech Kahoot, now valued at about $152M vs the $215M SoftBank ponied up 2 years ago

SoftBank’s retreat from its past investing exuberance continues apace. This morning, Kahoot, the Norwegian startup that provides a popular platform for people to build and use education-focused

Why this Californian founder moved to Minneapolis to build a B2B fintech

Minneapolis-based Branch was founded in 2015, and it’s now one of the fastest-growing companies in the Midwest. Its founder, Atif Siddiqi, is a Southern California transplant who first relocated to

HR startup HiBob’s valuation surges 50% to $2.45B on a $150M raise

Cloud-based human resource (HR) platform HiBob today announced that it has raised $150 million in a Series D round of funding at a $2.45 billion valuation. This represents a nearly 50% increase compa

How fintech startups are navigating the extension-round rush

We asked eight fintech investors: How popular are extension rounds proving? Are you seeing more companies opt to raise extensions rather than new rounds compared to, say, 2021 and 2020?

Klar, believed to be Mexico’s largest digital bank, lands $70M in General Atlantic-led round

Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. The raise follows a period of hypergrowth for the company. Kla

Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.

Shein said to be raising $1 billion at $100 billion valuation

Yes, you read it correctly. The fast fashion e-commerce company that few in the tech industry had even heard of two years ago is aiming to raise $1 billion at a valuation of $100 billion. Shein’

Staffbase raises $115M at a $1.1B valuation to help internal comms teams get their message across

The COVID-19 pandemic, with its by-product of social distancing to help reduce the spread of infection, led to many organizations working in a far more distributed way than they had in the past, and t

Branch raises $75M to help workers get paid faster

Branch, which aims to power faster payments to contract workers with its technology, has raised $75 million in a Series C funding round that has closed just six months after it announced its last fina

Nigerian healthtech startup Reliance Health raises $40M led by General Atlantic

There’s no denying the growth of health tech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelli
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