Sequoia, GA exit Mu Sigma, get 2.5-3 times return on investments

Mu Sigma was among the earliest players in the data analytics segment that was founded in 2004

Sequoia and General Atlantic have exited data analytics pl­ayer Mu Sigma with 2.5-3 times returns on their investments.

Sequoia Capital had invested $25 million in 2011, followed by a $108-million fund infusion by General Atlantic in the same year.

Sources confirmed Dhiraj Rajaram, founder and CEO of Mu Sigma, had acquired all stakes — 35-38 per cent — from both investors. “The fund house was looking for an exit as the fund cycle was coming to an end. He has bought all investors’ stake in the company, including angel investors,” said a source aware of the development. 

“It is not just the larger