TVF Raises $6 Million In a Fresh Funding Round
One of the most Popular over-the-top (OTT) platforms, The Viral Fever (TVF) has raised $6 million (nearly 41 crores) in a fresh funding round from the investor Tiger Global.
TVF raised the fresh capital at an estimated post-money valuation of around $40 million. The company had raised $10 million from Tiger Global at a valuation of $61 million, in February 2016.
TVF has raised more than $20 million in external funding as of now, which includes a $4.97 million investment from Tiger Global in July 2017. According to the reports, the money was raised at a post-money valuation of around Rs 216 crore ($31 million at current exchange rates).
Amongst its different YouTube channels, it consists of an estimated collective subscriber base which is close to
- 10 million with The...