Anand Agarwal, former chief financial officer of Amazon’s consumer business in India, has been handed over Misra's responsibilities.
Naik had joined the firm as Managing Director and the head of its India office in late 2012. Sources said that his responsibilities will be handled by Shantanu Rastogi in India and Neal Kok in Southeast Asia.
Serial entrepreneur, Kashyap Deorah who has had the benefit of building businesses in both India and Silicon Valley, in his book The Golden Tap, gives an insider's view on the dynamics at play in hyper funded Indian startups.
General Atlantic has nine companies in its portfolios and is likely to exit three by next year. It is open to exiting NSE via initial public offering (IPO) whenever promoters want to list it.
In CNBC-TV18‘s special show Apex 2013 experts share views on where the Indian private equity (PE) sector currently is and future prospects.
Private equity firm General Atlantic today appointed Sandeep Naik as its managing director.