Tiger Global: News

31 Jul 2023


Walmart buys Tiger Global's stake in Flipkart for $1.4 billion

Walmart has acquired Tiger Global's $1.4 billion stake in Indian e-commerce firm Flipkart.

14 Dec 2022


Tiger Global Management's investment in India falls by 70%

It's been a tough year for Indian start-ups. After a year that saw a breakneck pace of investing, funding has dried up this time.

05 Aug 2022


#NewsBytesExplainer: Why are investors like Uber, Tiger Global quitting Zomato

Zomato has been going through a series of crests and troughs over the last few weeks.

10 Sep 2020


Zomato raises Rs. 760 crore from Tiger Global: Details here

In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.

27 Aug 2020

General Atlantic

Ed-tech unicorn BYJU's secures $122 million from Russian billionaire's fund

Homegrown ed-tech unicorn BYJU's has raised $122 million (Rs. 909 crore) from DST Global, the investment fund started by Russian tech billionaire Yuri Milner.

11 Feb 2020

InnoVen Capital

Tea cafe chain Chaayos raises $21.5 million funding

Chaayos, a technology-led cafe chain which sells a variety of tea and snacks, has raised $21.5 million in a mix of equity and debt funding round led by Think Investment.

28 Jan 2020


InterviewBit raises $20 million in a Series A funding round

Bengaluru-based ed-tech start-up InterviewBit has raised $20 million in a Series A round of funding led by Sequoia India and Tiger Global.

11 Dec 2019


Digital payments giant PhonePe raises $82.5 million: Details here

PhonePe, a Flipkart-owned company that offers a payment platform to transfer money instantly, has raised $82.5 million in funding.

27 Nov 2019


Logistics start-up BlackBuck raises Rs. 56 crore from Trifecta

BlackBuck, a Bengaluru-based logistics start-up, has raised Rs. 56 crore (approximately $7.83 million) in debt and equity round from venture debt firm, Trifecta Capital.

09 Sep 2018


Deliveries for India-made Ather electric-scooter to begin from September 11

Months after launching its Ather 450 and Ather 340 electric scooters in India, Ather Energy has now announced the delivery dates of the former.

19 Aug 2018


Walmart completes acquisition of Flipkart, pumps in $2bn

On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.

05 Jun 2018


Indian company launches electric scooters- Ather 340 and Ather 450

Homegrown start-up Ather Energy has finally launched its electric scooters in India - the Ather 340 and Ather 450.

04 Apr 2018


Spotify goes public, valued at $26.6 billion

In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.

23 Mar 2018


JioMusic integrates with Saavn, combined entity worth a billion dollar

In an unexpected move, Reliance has announced that it will integrate its music-streaming service, JioMusic with Saavn.

19 May 2017


NestAway eyes fresh funding, public listing after profitability

Bengaluru-based rental start-up NestAway, which caters to tenants, mainly from the 22-30 age-category, is now planning to raise around $40 million funding.

17 Apr 2017


Hike to add payments mechanism with UPI integration

Sources confirmed that Hike Messenger is all set to roll out a payment mechanism on the app which will be the first in India to be integrated with the government's UPI interface.

31 Dec 2016


2016 Year in Review for Indian unicorns

The term "unicorn" was promoted by venture capitalist Aileen Lee to describe start-ups which were valued at over $1 billion.

28 Nov 2016


Flipkart's internet arm sees losses double to touch Rs.2,306 crore

After scripting massive expenditures in an attempt to combat the rising rivalry from Amazon, Flipkart's internet division, Flipkart Marketplace saw its losses double to Rs.2,306 crore for the financial year that ended on 31 March, 2016.

22 Aug 2016


Flipkart co-founder Sachin Bansal admits to company not meeting targets

Sachin Bansal, who earlier this year stepped down as CEO of Flipkart, admitted that the e-commerce portal had not been meeting its targets.