Tiger Global Management
Recent Highlights
All Stories for Tiger Global Management
CleverTap raises $35 mn led by Sequoia, now valued at $385 mn; to focus on global expansion
•"This latest round of funding will enable CleverTap to help more companies achieve their retention goals as they build long-lasting relationships with their customers," its co-founder and chief executive Sunil Thomas said.
Lee Fixel resigns as chief of private equity at Tiger Global Management; may start investment firm
Fp Staff •Lee Fixell, who joined Tiger Global in 2006, will invest his own money and “may start an investment firm in the future".
Ola says it raised Rs 400 crore in a funding round led by Tiger Global, Matrix India
•Ola last year said it planned to bring 1 million electric vehicles to Indian roads in a few years.
Online classified platform Quikr on realty expansion spree, acquires Chennai-based India Property Online
•Quikr has acquired many companies in real estate space, including Commonfloor and HDFC's subsidiaries HDFC Realty and HDFC Developers.
Quikr revenue soars 95% to Rs 173 crore in FY18, expects to double revenue at about Rs 350 crore
•Quikr claims to get over 30 million unique users a month. It operates several classifieds businesses across C2C, cars, education, homes, jobs and services.
SoftBank Group to invest $450 million in logistics company Delhivery; Gurugram-based firm to be valued at $1 billion
Fp Staff •SoftBank's Vision Fund will invest around $350 million in Delhivery initially
PolicyBazaar raises more than $200 mn led by SoftBank Vision Fund, enters coveted Unicorn club
•Founded in 2008, PolicyBazaar's investors include the likes of Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices
Flipkart-Walmart $16-billion deal: Post-initial celebrations, both firms may have to face many tax hurdles
L Badri Narayanan And Shashank Sharma •The Flipkart-Walmart deal is likely to generate a lot of action in India in the coming years, both in the e-commerce market as well as in the tax world.
Walmart to pay $16 bn for Flipkart: CEO Doug McMillon says India is a priority market for US retail giant
Ians •The record deal will also give Walmart an opportunity to partner with the local leader in growing market, as the e-tailer's leadership team will be supported by investment and technology partners.
Flipkart buys back shares worth $350 million to convert into pvt ltd firm ahead of potential deal with Amazon or Walmart
Fp Staff •Amazon is believed to have offered Flipkart a higher valuation of about $22 billion, along with a break up fee of $2 billion, compared to Walmart's $18-20 billion valuation of the Bengaluru-based company