Tiger Global

The pre-IPO round also saw participation from investors like Ashish Kacholia, Nikhil Kamath, Abhijit Pai, Sumeet Kanwar, Nuvama, Capri Global and others

Roaring again! Tiger Global on the prowl, amps up investments, involvement with Indian startups

In line with its selective investment approach, Tiger Global is now more inclined towards doubling down on an existing portfolio company only if it can provide an exit in the near term

Tiger Global-backed Jar's revenue rises to Rs 56 crores in FY24, losses down by 18%

Total expenses during FY24 has gone up by 16.7 percent to Rs 160 crore.

IPO-bound Infra.Market in talks to raise $150 million from existing backers like Tiger Global, new investors

This will be the company's last private market fundraise ahead of its IPO. Infra.Market is likely to file its draft red herring prospectus in December, Moneycontrol has learnt

Tiger Global plans to join OpenAI funding round: Report

OpenAI's meteoric popularity has ignited widespread interest in generative AI, as businesses race to capitalize on the technology to enhance their products.

Empathy towards founders a key value that operator-led VCs bring to the table: CaratLane founder Mithun Sacheti

Sacheti was recently appointed as a General Partner at Singularity Growth, and he also invests in D2C startups in a personal capacity.

Tech startup Infra.Market in talks to appoint i-banks for $300-400 million IPO

Founded by Souvik Sengupta and Aaditya Sharda in 2016, the Tiger Global, Accel and Nexus Ventures backed startup sells construction materials, infrastructure goods, and technical equipment.

Tiger Global-backed Jar to launch health, general insurance products

Digital gold micro-savings platform Jar is in talks with a couple of partners to be a distribution player for general and health insurance, CEO Nishchay AG has said

Porter quietly turns unicorn, closes internal round at $1 billion valuation

This is Porter's second friends and family round in a span of about a year. In the January-March quarter of 2023, the company sold shares worth Rs 7-8 crore to friends and family at a valuation of $700 million.

Tiger Global-backed Groww moves domicile from US to India

Groww, which is among the leading full-stack financial services firm in India, surpassed its rival Zerodha last year in terms of number of active investors

Future salaries can only be paid out once Koo finds a buyer: Co-founder Mayank Bidawatka

The Tiger Global-backed company has raised $65 million so far from Accel, 3one4 Capital, Naval Ravikant, Balaji Srinivasan, Kalaari Capital and several others

Flipkart-backed logistics startup BlackBuck plans IPO; to raise up to $300 million

BlackBuck is backed by investors including Tiger Global, Accel, Tribe Capital, IFC, Sands Capital and Sequoia, among others.

Wow! Momo raises $49 million from Malaysia's Khazanah and OAKS Asset Management

While Khazanah led the round by investing Rs 350 crore, PE company OAKS put in the remaining Rs 60 crore. The round also saw early investors diluting their stake in the QSR chain.

Revolut’s India grand plans still on shelf three years on

Europe’s largest neobank, which entered India in 2021 with plans to launch a financial super app, is now looking to offer a travel card in April.

DealShare's Sourjyendu Medda quits; Kamaldeep Singh promoted internally as new CEO

Singh joined DealShare in December 2022 after 14 years with Big Bazaar where he held several leadership positions.

Tiger Global-backed Captain Fresh raises $13 mn in fresh funding round 

Capitan Fresh will use the funds for capital expenditure and expansion of the business. The fundraise appears to be part of an ongoing round, and it is likely that the startup will raise more money.

DealShare gives up office space in Bengaluru, lowers monthly rental cost by Rs 25 lakh

Prior to the shutdown of the HSR office, DealShare was paying a monthly rent of around Rs 40 lakh. DealShare now joins a list of companies like Byju’s and Dunzo which have also given up their office spaces in Bengaluru to cut costs.

Scott Shleifer stepping down a blow but in India Tiger zinda hai, say founders and VCs

According to data from Venture Intelligence, Tiger Global has been part of 228 deals worth $21 billion along with other investors in Indian startups since 2015. It has funded 38 of 103 unicorns in the country.

Polygon co-founder Jaynti Kanani steps down, starts up two new ventures

In 2023, Kanani has started two other startups in the new web and tech-driven content creation space.

Is the Zomato rally sustainable? 

The problem for Zomato is the increasing contribution of the loss-making businesses to the total revenue

Jio Financial Svcs enters insurance segment, Tiger Global exits Zomato & more | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about Jio Financial Services' official announcement into insurance industry, Tiger Global's exit from Zomato, crude prices reacting to China stimulus and the global market setup. Catch Ashutosh Tiwari of Equirus Capital in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends. Disclosure: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

End of an era as Binny Bansal, Accel and Tiger Global exit Flipkart with bumper returns

Walmart has bought out Flipkart early investors Accel, Tiger Global and co-founder Binny Bansal has also fully divested his stake in Flipkart which is valued at around $35 billion.

SoftBank's funding drought worst since 2014, Tiger Global’s deal count least in 5 years

SoftBank’s prolonged absence and Tiger Global's significant deceleration underscores the cautious approach of investors towards India's startup ecosystem. The two are among the country’s largest global investors, having infused more than $18 billion in the past nine years.

DealShare to invest Rs 1,000 cr to strengthen private label play, scale local brands

The fresh announcement of Rs 1,000 crore is over and above Rs 500 crore that DealShare committed to invest in November 2022 to grow its private labels, including staples, home cleaning solutions and the like over the coming 2-3 years.

Tiger Global struggles to attract investors for $6 billion fund amid technology valuation concerns

Venture capital funding faces significant decline as Tiger Global falls short of fundraising goal.