India's Think and Learn in talks with two new investors to raise up to $300 mln

Indian online learning platform Think and Learn is in advanced talks with at least two new investors namely U.S.-based private equity firm General Atlantic and Singapore investment firm Temasek to raise $200 million to $300 million.

If the talks are successful, the deal will value Think and Learn at $2.2 billion to $2.4 billion. The transaction is expected to close within the next few weeks.

In case Think and Learn manages to raise the funds at a $2 billion-plus valuation, it would more than double the company’s value from its previous round.

In July, Think and Learn was also in talks with new and existing investors to raise fresh funds of more than $150 million at a valuation of $1.8 billion to $2 billion.