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General Atlantic

Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

02 Feb 2026, 13:02 PM

In this edition, we look into General Atlantic's bet on PhonePe; and why investors are backing startups that want to use voice AI amid spam calls rise.

PhonePe files updated DRHP for IPO, Walmart to sell 9% stake

PhonePe files updated DRHP for IPO, Walmart to sell 9% stake

22 Jan 2026, 11:55 AM

The IPO will be a pure offer for sale (OFS) of up to 5.06 crores and it will not involve fresh capital raise.

Snapmint raises $125 million in Series B funding led by General Atlantic

Snapmint raises $125 million in Series B funding led by General Atlantic

31 Oct 2025, 13:43 PM

The funding round saw participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel investors.

General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

30 Oct 2025, 12:28 PM

The latest transaction has taken the private equity major's stake in PhonePe from 4.4% to 9%.

Acko inching close to $100-$120 million secondary share sale: report

Acko inching close to $100-$120 million secondary share sale: report

23 Oct 2024, 18:15 PM

Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.

Who Reads Us

Fintech Highlights

  1. Rishi Gupta resigns as Fino Bank MD and CEO; seeks voluntary retirement

  2. Ajay Rajan joins Protean as MD and CEO after exiting YES Bank

  3. Oister Global rolls out Rs 500 crore third secondaries fund

  4. ED alleges fake invoices, hawala links in Pay10 money laundering probe

  5. RBI may allow banks, NBFCs to disable financed mobile phones after loan defaults

  6. Read more news...

AI/Emerging Tech

  1. Shastra VC rolls out $100 million fund to invest in AI, deeptech startups

  2. ANSCER Robotics bags Series A funding led by IAN Alpha Fund

  3. Amagi Media Labs FY26 revenue from operations up 29% to Rs 1,505.6 crore

  4. Anthropic buys AI developer tools startup Stainless

  5. India's AI venture firm Activate makes strategic bet on ElevenLabs

  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion

  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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