UAE’s e-com venture Souq raises record $275M from Tiger Global, Naspers & others

Naspers_feMiddle East-based horizontal e-com venture Souq.com has completed a funding round worth more than $275 million in what is termed as the largest financing of an e-commerce business in the Middle East region. Investors in this round include New York-based Tiger Global Management and South Africa’s Naspers Ltd, both of which had invested in Souq.com […]

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Tiger Global-backed electric scooter startup Ather unveils debut product

S340The Bangalore-based startup Ather Energy Pvt Ltd unveiled electric scooter S340 at tech summit Surge 2016 in the city on Tuesday. S340, which promises a top speed of 72 kmph, is powered by an IP67-rated Lithium battery pack and has a range of up to 60 kms in one charge. The startup was founded by […]

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Tiger Global invests $10M in online video content creator The Viral Fever

TVFPlayGlobal investment firm Tiger Global has invested $10 million (Rs 68 crore) in online digital video entertainment venture The Viral Fever, according to Mint citing the company’s filings with the Registrar of Companies (RoC). It added that Tiger Global, one of the more prolific venture investors in India, has picked a minority stake in Contagious Online Media […]

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Tiger Global raises new $2.5 billion fund

Tiger Global Management, one of India’s most active startup investors, has raised $2.5 billion in its latest global fund, according to a filing with the US Securities and Exchange Commission. The new fund, Tiger Global Private Investment Partners X, saw participation from as many as 520 investors/limited partners, the filing showed. According to data from […]

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Razorpay raises $9M from Tiger Global and Matrix

Jaipur-based Razorpay Software Pvt Ltd, an online payment startup, has raised $9 million (Rs 59 crore) in Series A funding led by Tiger Global with participation from Matrix Partners. The company plans to use the funds to scale up its product, build a strong team and to further power its strategic forays into the online […]

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Tiger Global, Flipkart seed fund Cube26 with $7.7M

Delhi-based mobile technology startup Cube26 Software Pvt Ltd has raised a seed investment of Rs 50 crore from Tiger Global and Flipkart. Tiger Global, which is also one of the lead investors in Flipkart, has led the round while Flipkart has contributed a minority share, the company stated in a press release. The latest move […]

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Fashion discovery app Roposo raises $15M more from Tiger Global

Gurgaon-headquartered Relevant e-solutions Pvt Ltd, the startup behind fashion-focused social network Roposo.com, has raised $15 million (around Rs 98 crore) from existing investor Tiger Global Management, as per a press statement. The company will use the funding to build a strong team, reinforce technological infrastructure and revamp product portfolio. In March, Roposo had raised $5 […]

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Warehouse robotics startup GreyOrange raises $30M more from Tiger Global and Blume Ventures

Warehousing automation venture GreyOrange Robotics Pvt Ltd has raised $30 million in a fresh round of funding from existing investors Tiger Global Management, Blume Ventures and others. GreyOrange will use the money raised to invest in R&D for new products, expand its executive team and accelerate international expansion into Asia Pacific, Middle East and Europe. “The […]

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Online marketplace for shared accommodation Nestaway raises $12M from Flipkart, Tiger Global

Bangalore-based Nestaway Technologies Pvt Ltd, which runs a online managed home rental marketplace for singles by the same name, has raised Rs 76 crore (approximately $12 million) in funding from consumer e-commerce venture Flipkart and its investor Tiger Global. The Economic Times which first reported the deal said the startup will utilise the funding to expand operations […]

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Mobile-only digital media aggregator News in Shorts secures $20M more from Tiger Global

Noida-based News in Shorts, a mobile news curator that aggregates third party news and presents it in 60 words each, has raised $20 million (Rs 127 crore) in Series B round funding from existing investor Tiger Global Management. ADA News in Shorts Pvt Ltd, which runs News in Shorts, will primarily use the money to […]

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