Tiger Global

Content Discovery App Inshorts Raises $5 Mn Funding From Tiger Global

Noida-based articles discovery application Inshorts has elevated $5 Mn funding from Tiger International Management’s Singapore expenditure vehicle, World wide web Fund III Pte Holdings. The expenditure, as for each the company’s filings, was created in Inshorts’ Singapore-registered holding corporation in September 2017. The sum was later on transferred to the startup’s Indian subsidiary, Inshorts Media…

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Cab Aggregator Uber To Continue Investing In India Specific Innovation

Inspite of controversies and setbacks, worldwide cab aggregator Uber continues to be focussed on bolstering its presence in India. As mentioned by Uber’s VP Merchandise Daniel Graf, the corporation will continue investing in its Indian arm, strengthening its engineering group and building state-unique innovation in the months and several years to arrive. In accordance to…

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Ola Eying To Become Profitable By FY 2019 Amidst Reports Of SoftBank’s Increasing Commitment

Amidst reports of Tiger International Management on the lookout to provide its stake in Ola to SoftBank, the homegrown taxi aggregator is quietly gearing up to grow to be financially rewarding by FY 2019. As per a valuation report filed with the ministry of corporate affairs compiled by chartered accountancy business Jain Ambavat and Associates,…

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Tiger Global To Sell Flipkart, Ola Stake Worth $1 Bn To SoftBank

Tiger International Management, just one of the early backers of client Online corporations Flipkart and Ola will be having a partial exit from both of those the corporations for about $1 Bn. The announcement came a day immediately after Tiger International Management Associate Lee Fixel stepped down from the Ola board, with information of advertising…

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Lee Fixel Of Tiger Global Relinquishes His Seat On The Ola Board

Lee Fixel, Companion at Tiger International Management, has reportedly stepped down from the board of homegrown taxi aggregator, Ola. As per filings with the Ministry of Company Affairs, the US-primarily based expense agency presently holds a minority stake in Ola. Although the specific reason at the rear of Fixel’s resignation continues to be undisclosed, it…

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Quora India Country Manager Gautam Shewakramani On How Quora Aims To Serve Its Second Largest Market

Gautam Shewakramani recently took about as the India country supervisor for Quora. With about 200 Mn special website visitors visiting the Q&A platform that empowers individuals to share and mature the world’s awareness, Quora has grown to be a formidable global platform in its own proper. This yr, Quora grew to become the unicorn of…

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BlackBuck, a logistics startup has announced an ESOP repurchase plan

BlackBuck, an Indian logistics startup has announced an ESOP repurchase prepare,by which the opted staff have been offered an option to liquidate a portion of their stock selections and avail 11X returns within just the time period of a single calendar year. As for each the formal assertion, the course of action has previously been…

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