Tiger Global Management

Timelines
SaaS unicorn Freshworks raises $150 million, crosses $3.5 billion valuation

14 Nov 2019

SaaS unicorn Freshworks raises $150 million, crosses $3.5 billion valuation

SaaS unicorn Freshworks, which provides an integrated suite of cloud-based business/customer engagement tools, has raised $150 million in a Series H round of funding.

Amid landmark Walmart-Flipkart deal, many fear for survival

12 May 2018

Amid landmark Walmart-Flipkart deal, many fear for survival

This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.

Walmart-Flipkart deal turns many employees crorepatis: Details here

10 May 2018

Walmart-Flipkart deal turns many employees crorepatis: Details here

Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.

Walmart buys 77% stake in Flipkart for $16 billion

09 May 2018

Walmart buys 77% stake in Flipkart for $16 billion

The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.

Walmart may soon buy more than 40% of Flipkart: Reports

17 Feb 2018

Walmart may soon buy more than 40% of Flipkart: Reports

In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.

eBay closes sale of India arm to Flipkart

01 Aug 2017

eBay closes sale of India arm to Flipkart

Four months after announcement of the sale, Flipkart has closed the acquisition of eBay's India arm.

Flipkart launches budget brand 'Billion' for desi sellers and customers

01 Aug 2017

Flipkart launches budget brand 'Billion' for desi sellers and customers

Flipkart has launched 'Billion'- a 'Make-in-India'-inspired initiative that will partner with Indian sellers to cater to Indian customers.

Flipkart may see the return of Bansals at the helm

11 Jul 2017

Flipkart may see the return of Bansals at the helm

Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.

Flipkart to replace CEO for a day

25 Apr 2017

Flipkart to replace CEO for a day

Flipkart is planning to replace its CEO for one day, to give an employee the opportunity to see how it feels to run the company. It is a part of the company's 10th anniversary celebration.

BigBasket engages Grofers in merger talks eyeing SoftBank funding

19 Apr 2017

BigBasket engages Grofers in merger talks eyeing SoftBank funding

According to sources, BigBasket has opened up a dialogue with its comparatively smaller rival Grofers for a possible merger.

Flipkart raises investments from Tencent, Microsoft; buys eBay.in

10 Apr 2017

Flipkart raises investments from Tencent, Microsoft; buys eBay.in

Flipkart has raised investments worth $1.4bn from Tencent, eBay and Microsoft, at a post-transaction valuation of $11.6bn.

Flipkart secures $1 billion in funding, eyes $1 billion more

21 Mar 2017

Flipkart secures $1 billion in funding, eyes $1 billion more

Flipkart manages to secure $1billion in funding in a bid to stay ahead of the competition.

New CFO-backed Flipkart returns to the game

26 Feb 2017

New CFO-backed Flipkart returns to the game

India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.

Merging talks explored by Snapdeal, Flipkart, Amazon

19 Aug 2016

Merging talks explored by Snapdeal, Flipkart, Amazon

According to sources aware of the development, Snapdeal has initiated preliminary talks with rivals Flipkart and Amazon with regards to probing a potential merger.