TPG

Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund

In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found

After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

The Los Angeles-based commerce and content platform StackCommerce has been acquired by Integrated Media Company, a holding company set up by the massive private equity fund TPG to acquire new media bu

Calm raises $75M more at $2B valuation

Calm, a well-known meditation app, has raised new capital at a valuation of $2 billion. The round was anticipated after the company was reported to be hunting for up to $150 million at a valuation of

Singapore’s GIC and TPG to invest over $1 billion in Reliance Retail

GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, and TPG will invest $250 million in the Indian firm, they all said Saturday midnight (loca

Green Monday Holdings, Asia’s answer to Beyond Meat, raises $70 million from TPG, Swire Pacific

Green Monday Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million

Indian fantasy sports app Dream11’s parent firm raises $225M at over $2.5B valuation

Dream Sports, the parent firm of fantasy sports app Dream11, has secured $225 million in a new financing round as the Mumbai-headquartered firm builds what it calls an “end-to-end sports tech compan

PropertyGuru lands $220M from KKR and TPG to conquer Southeast Asia

Southeast Asia’s leading property listing company PropertyGuru is making great strides across the region as it secures a fresh investment of SG$300 million ($220 million), it announced this week

India’s Reliance Jio Platforms to sell $250 million stake to L Catterton

Speaking of Reliance Jio Platforms, the top Indian telecom operator said on Saturday it has secured another investment. L Catterton, a U.S. private equity firm will invest $250 million for a 0.39% sta

India’s Reliance Jio Platforms to sell $600 million stake to TPG

American private equity firm TPG said on Saturday it will invest $600 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India&#82

Brava, a smart oven maker with big names attached, just sold to an industrial equipment company

Brava had a lot of things working in its favor, as startups go. It was founded in 2015 by serial executive John Pleasants, whose past stints have included being co-president of Disney Interactive Medi

Apple rolls out Apple Card Preview to select users

Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the c

China’s used-car marketplace Uxin to raise $230M via convertible notes

Uxin, a Chinese second-hand car dealer with Leonardo DiCaprio as its latest brand ambassador, is tipped to get a bag of new funding less than a year after it raised $225 million from its public offer

Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones

With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to be the leader in the game of drones. The competition to be a leading vendor of deliver

Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week's newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

TPG’s Bill McGlashan is put on indefinite leave after being charged in a giant college admissions cheating scandal

Bill McGlashan, who built his career as a top investor at the private equity firm TPG, has been put on “indefinite administrative leave, effective immediately,” says the firm after McGlash

KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru

Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150 billion in assets under management — has cut a 

Local venture capital fund formation is on the rise in Africa, led by Nigeria

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African fintech startup Chipper Cash raises $30M backed

Arianna Huffington’s Thrive Global is teaming up with Zenefits

Thrive has partnered with Zenefits to expand the reach of its wellness content.

Security startup Tanium raises another $200M at a $6.5B valuation

Security continues to remain top of mind for organizations and consumers, as each day seems to bring another high-profile network breach. One of the faster-growing startups in the space is capitalisin

With no white knight in sight, Tesla shares plummet from Musk’s tweet-related highs

Investors definitely aren’t stoked by the deafening silence coming from Tesla after its chief executive announced in a tweet that he plans to drop a fat sack of cash on public shareholders in a
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