General Atlantic in talks to buy stakes in Just Dial, Info Edge

Tags: Companies
US private equity firm General Atlantic is in talks to buy a 2 to 5% stake each in Just Dial Ltd and Info Edge India Ltd , two sources with direct knowledge of the discussions said on Friday.

At current market prices, a 2 to 5% stake in Just Dial, a search service provider, would be valued between $36.4 million and $90.9 million.

A similar stake in Info Edge, an online classifieds provider, would be $25.4 million to $63.7 million.

General Atlantic declined to comment.

Officials at Just Dial could not be immediately reached for comment.

An Info Edge spokewoman offered no immediate comment.


  • Banking security breach reveals how vulnerable the system is

    Fear has gripped millions of Indians whose bank accounts have been compromised due to a massive security breach in the payments ecosystem linked with


Stay informed on our latest news!


Urs Schoettli

Just how useful are summits?

In the age of globalisation international summits play an increasingly ...

Zehra Naqvi

Of absolute truth & relative perception

Is there such a thing as absolute truth? Look around ...

Shona Adhikari

When art meets the artful

This week’s art news focuses on vastly different themes and ...