Investment also marks the return of Lee Fixel for backing Indian startups. He has gained a reputation as a top tech investor and is helping Tiger Global back firms such as Facebook, Spotify and Uber
Avendus Capital was the financial advisor in Series-E round that also saw participation from TPG Tech Adjacencies, ChrysCapital and Footpath Ventures
The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings
E-grocery is a very different business, compared to e-commerce and food delivery, he says
The AAR, in its ruling, said the investment was routed through the Mauritius entity only to benefit from the India-Mauritius tax treaty while the 'head and brain' of the company was in the US
Tiger Global was one of the prominent shareholders in e-commerce major Flipkart, founded by Sachin Bansal and Binny Bansal in 2007.
Vedantu plans to expand into newer categories with fresh funding
The edtech start-up is addressing the problem of the employability of Indian engineers, which continues to be as low as 20 per cent
KredX was started by Manish Kumar and Anurag Jain in 2015 to help businesses meet their short-term working capital needs by facilitating discounting of their unpaid invoices
Ally's product is based on the objectives and key results framework, an operating model for running agile businesses
The plan is to expand to around 20 cities over the next few years
Internet Fund V Pte Ltd, a Tiger Global vehicle, invested Rs 178.47 crore to acquire 5,07,884 preference shares in the firm
Wow! Momo Foods Pvt. Ltd is projected to get to a topline of around Rs 190 crore for FY 2019-20
Funds will be used to scale operations, expand learner base and deepen investments into tech and content
Deal volumes similar to 2014, half of 2015, and thrice the deal volume in 2016 and 2018
Investors are realising that the B2C market is hyper-competitive and alot of cash is required for building a mass market brand and acquiring customers
The Indian indirect purchase market is currently worth $50 billion-plus and is estimated to grow to $100 billion by 2025
The rising interest in India occurs as investment in China's recently booming startup sector faces a steep drop-off
PhonePe has grown into one of India's leading digital payments companies
B2B companies have been successfully raising more cash every year for the last three years