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Common Atlantic invests $870M in Reliance’s Jio Platforms in its largest Asia deal

US personal fairness big Common Atlantic has invested $870 million (roughly Rs 6,598 crore) in Reliance's Jio Platforms in its largest deal in Asia thus far. The funding offers Common Atlantic a 1.34 p.c stake in Jio Platforms on a totally diluted foundation, Reliance Industries introduced. With this, Reliance has...

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[Funding alert] Fb, Sequoia, Normal Atlantic make investments $110M in edtech startup Unacademy

Bengaluru-based edtech startup Unacademy on Wednesday introduced that it has raised $110 million in Sequence E spherical of funding from new buyers Fb and Normal Atlantic, together with Sequoia India.Ajit Mohan, Vice President and Managing Director, Fb India, mentioned, “With this funding in Unacademy, we're reinforcing our dedication to the Indian...

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[Funding alert] Common Atlantic invests $200M in edtech unicorn BYJU’S

Edtech main BYJU'S lately stated it has raised an undisclosed quantity of funding from Common Atlantic, an current investor within the firm.Whereas BYJU'S didn't disclose the quantum of funding, sources stated Common Atlantic has pumped in $200 million (about Rs 1,420 crore) into the corporate. The funding is a part...

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Ola Electrical ropes in Normal Motors’ Jamie Ardila on its board

Ola Electrical, Bengaluru-based journey hailing unicorn Ola's electrical car entity, has introduced that it has appointed Jaime Ardila as a member of the corporate’s Board of Administrators. Jamie has spent 30 years at Normal Motors, the place he has been part of a number of management roles throughout the globe....