General Catalyst in its combination with Venture Highway, a venture captial firm, to lead initiatives in India.
General Catalyst in raising approximately $8 billion for multiple funds and accounts, including GC XII VC funds, $4.5 billion funds focused on seed and growth equity, GC XII Creation Strategy, $1.5 billion and $2 billion of separately managed accounts.
Tupperware Brands Corporation and its debtor affiliates (Tupperware) in their Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. Tupperware, an iconic American brand founded in 1947, entered Chapter 11 with approximately $810 million in funded debt. Through its Chapter 11 cases, Tupperware sold its brand name and core operating assets to a group of secured lenders in a transaction that will allow Tupperware to continue operating under new ownership with a right-sized footprint. The transaction will also enable Tupperware to preserve numerous employee, sales force, customer and vendor relationships.