Category: tiger global
India’s Zomato valued at $5.4 billion in new $250 million investment
Zomato has raised $250 million, two months after closing a $660 million Series J financing round, as the Indian food delivery startup builds a war-chest ahead of its IPO later this year. Kora (which contributed $115 million), Fidelity ($55 million), Tiger Global ($50 million), Bow Wave ($20 million) and Dragoneer…
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LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion
Meet Sidecar Health, the newest member of the tech industry’s billion dollar healthcare startup club. The valuation comes thanks to $125 million in new funding that the company will use to expand its new model for health insurance. Sidecar Health’s insurance plans give consumers the ability to pay directly for…
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Tencent-backed Hike, once India’s answer to WhatsApp, has given up on messaging
India’s answer to WhatsApp has completely moved on from messaging. Hike Messenger, backed by Tencent, Tiger Global and SoftBank and valued at $1.4 billion in 2016, earlier this month announced that it was shutting down Sticker Chat, its messaging app. The startup, founded by Kavin Bharti Mittal, this month pivoted…
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Infra.Market raises $20 million for its B2B marketplace in India
A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The round was led…
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AngelList India head Utsav Somani launches micro VC fund to back 30 early-stage startups
As investors get cautious about writing new checks to early stage startups in India amid the coronavirus outbreak, AngelList’s head in India is betting that this is the right time to back young firms. On Wednesday, Utsav Somani announced iSeed, a micro VC fund to back up at least 30…
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SirionLabs raises $44M to scale its contract management software
SirionLabs, a startup that provides contract management software to enterprises, has raised $44 million in a new financing round as it looks to expand and handle surge in demand from clients. Tiger Global and Avatar Growth Capital led the Seattle-headquartered startup’s Series C round. The eight-year-old startup, which was founded…
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