Global investors eye Mu Sigma's 48% stake at over $1bn
Global investors are competing with PE funds like Blackstone and Bain Capital to acquire 48% stake in data analytics firm Mu Sigma at over $1 billion. The company's CEO Ambiga Subramanian and investor General Atlantic Partners are in talks to sell their 24% stake each. Mu Sigma's growth reportedly slowed after the divorce between Founder Dhiraj Rajaram and CEO Ambiga.