The transaction will reportedly value the India-based D2C lifestyle brand at up to $521 million, more than 3x its last reported mark.
The shares are reportedly being purchased from True North Capital and TPG's own NewQuest secondaries platform, in a deal valuing the Indian hospital chain at $1.3 billion.
The Mumbai-based PE firm reportedly acquired a 2–3% stake from early investors, employees, and some founder-owned entities in the ad tech company.
Goldman Sachs Alternatives, Wells Fargo, and DocuSign joined the deal, which valued the AI company at $5.2 billion.
The transaction reportedly valued the ChatGPT maker at the same $852 billion mark achieved during its $122 billion March primary funding round.
The secondary share sale reportedly allows eligible employees to sell up to 25% of their vested shares in the wearable technology startup.
The Series H round will combine primary and secondary capital, giving the fintech a post-money valuation of $4.5 billion.
The pre-IPO funding round, which included a mix of primary and secondary capital, reportedly valued the dairy producer at $1.1 billion.
The reported stake divestment by General Atlantic marks a ~15% uplift over the TikTok parent's valuation in a November share auction.
The payment solutions provider's follow-on funding was secured from WestBridge Capital.
