Unacademy, India’s leading learning platform, announced it has raised a fresh investment round from Tiger Global Management and Dragoneer Investment Group. The funding round values Unacademy Group at $2 billion. The latest fund raise follows a round in Sept. 2020 when the company raised an investment of $150 Million in a round led by SoftBank…
Tag: Tiger Global Management
Gaming unicorn Dream11 raises $225 mn led by Tiger Global, TPG, ChrysCapital, others
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•Dream Sports, the parent firm of fantasy sports app Dream11, announced it has raised $225 million in a primary and secondary investment led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital, and Footpath Ventures, as per a media report. Dream11 is the flagship brand of Dream Sports, which also has brands like FanCode, a…
Vedantu adds $12.5 mn in Series C1 funding led by Legend Capital
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•Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced it has raised $12.5 million (Rs 96 crore) Series C1 funding led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings LLC. While Legend Capital pumped in close to Rs 74 crore, Omidyar pumped in Rs 22.1 crore. In…
Tiger Global closes $3.8Bn mega global fund
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•One of the earliest backers of several Indian start-ups, US-based Tiger Global Management, has recently announced that it has closed a $3.8bn global fund. The company plans to use this fund to continue its aggressive investment in tech startups in China, India, and the US. The strategy for the new fund will be similar to…
Tiger Global closes mega fund to invest in India, China and US
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•American hedge fund company, Tiger Global Management, has closed a $3.75 billion global private investment vehicle, as per media reports. India will be among the three key focus geographies for the new vehicle – Tiger Global Private Investment Partners XII – along with China and the US. The firm had emerged as one of the…
Zinier raises $90mn in Series C funding round
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•Zinier, a leader in intelligent field service automation, has raised $90mn in Series C funding to transform field service workforces with AI-driven automation. New investor ICONIQ Capital led the round with new participation from Tiger Global Management, and return investors Accel, Founders Fund, Nokia-backed NGP Capital, France-based Newfund Capital, and Qualcomm Ventures LLC. The company…
Edtech company BYJU’S gets $200mn from Tiger Global at $8bn valuation
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•With the recent $200mn investment from Tiger Global Management, Byju’s valuation now stands at $8bn. Although Byju’s has confirmed on the transaction but declined to comment on specific details of the same. As per a media report, two sources briefed on the developments, mentioned that Tiger Global, being one of the most influential investors in…
Tiger Global to invest $5-6 million in Indian software companies, Fyle and Facilio.
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•The US-based investment firm Tiger Global Management has advanced talks to invest $5-6 million each in two early-stage software companies Fyle and Facilio. “The New York-based investment firm has issued term-sheets to the two software companies, according to three people aware of the development,” ET reported. For the past three years, the firm stayed low by focusing…