General Atlantic Intends to Invest $2 Billion In India, Southeast Asia: Reuters
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A senior executive at global private equity company General Atlantic told Reuters that the firm plans to invest $2 billion in India and Southeast Asia over the next two years as lowering valuations make the region’s startups more attractive.
What happened: According to Sandeep Naik, General Atlantic’s head of business in India and Southeast Asia, the company is in early-stage investment talks with about 15 companies in sectors like technology, financial services, retail, and consumer.
Photo courtesy of Wonderlane.
Source: Benzinga (link opens in a new window)
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