Dhiraj Rajaram, founder and chairman of Mu Sigma. Rajaram is valuing the enterprise at $800 million while Ambiga Subramanian and General Atlantic expect a valuation of $1-1.2 billion. Venture capital fund Sequoia Capital also holds a minority stake in Mu Sigma and wants to stay invested. “Sequoia is not selling any shares in Mu Sigma,” a Sequoia Capital spokesperson said in August. As CEO, she handles the Bengaluru office of Mu Sigma, while Rajaram focuses on client engagement in the US out of the company’s Chicago headquarters.

Source: Mint September 20, 2016 19:41 UTC