November 29th, 2015India’s most respected and loved E-commerce site, Flipkart founded by two college friends who studied together at IIT-Delhi and worked together in Amazon. It's revenue is estimated to be somewhere between $500 million to $1 billion, to create which it has had to pull in around $200 million in venture funding over four rounds till...
Zo Rooms has raised a total of $30 million (Rs 192 crore) from their existing investors Tiger global and Orios Venture Partners, this move comes after a month of raising $5 million from Tiger and...
July 10th, 2015Inshort, a mobile app focused towards providing news to its users in 60 words, has raised $20 million from New York- based Tiger Global investors. The company plans to utilise the raised capital to improve user experience and expand its presence.
News in shorts video>
News in Shorts, Noida-based firm, founded by Azhar Iqubal, Anunay...
April 16th, 2015 //
India's leading Taxi-booking app Ola has raised $400 million in the series E round of funding from from Russian investor DST Global along with GIC, Falcon Edge Capital. According to the company, the existing investors SoftBank Group, Tiger Global, Steadview Capital, and Accel Partners US also participated in this round. With...
April 14th, 2015India's leading online insurance comparison portal, Policybazaar has been fueled up heavily by PremjiInvest, the personal investment vehicle of Wipro chairman Azim Premji, among a set of existing and new investors. According to VCCircle, the fresh round of funding raised a whooping INR 248 crores ($40 million) for the Gurgoan based...
April 14th, 2015 //
LocalOye.com (Imma Web Pvt Ltd) mobile-only marketplace for local household and personal service providers , has raised $5 million (Rs 31 crore) in Series A round of funding from Tiger Global Management and Lightspeed Venture Partners, according to a press release.
LocalOye's platform uses a recommendation engine...
March 30th, 2015Tiger Global has shed 3.41% out of 13.22 per cent stake in it's eight-year-old investment in Mumbai-based Just Dial Ltd (known as justdial.com), by selling just over a quarter of its stake in the company on Monday for Rs 300.5 crore ($48 million).
The global investment firm continues to own a small stake which is currently worth...
March 9th, 2015 //
Joining the outburst of the Indian startup economy, Quikr is set to reach the $1 Billion mark very soon. As per the sources, Tiger Global is leading a $150-million (Rs 950 crore approximately) financing round in the online classifieds major, that will result in the evaluation of over $1 billion. Post this funding round Quikr will...
January 29th, 2015Hike, an Indian messenger app spiced-up the market by launching free voice calling. Technically called VoIP, the service will allow Hike users to connect over vocal calls across 200 countries in which Hike is currently active.
The launch may be a positive effect of the recent acquisition of US-based voice calling company Zip Phone by...
