Tiger Global

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Tiger Global - Total results - 82
Home rental startup Nestaway Technologies buys apartment management solution ApnaComplex
Business

Home rental startup Nestaway Technologies buys apartment management solution ApnaComplex

Nestaway has been backed by some of the marquee investors such as Tiger Global, Chiratae, Goldman Sachs, Ratan Tata and Yuri Milner.

Govt likely to provide tax incentives for startups in forthcoming Budget to support budding entrepreneurs
Business

Govt likely to provide tax incentives for startups in forthcoming Budget to support budding entrepreneurs

The Department for Promotion of Industry and Internal Trade has suggested several measures to the finance ministry for startups in the Budget.

ShopClues inks all-stock deal to merge with Singapore-based e-commerce platform Qoo10
Business

ShopClues inks all-stock deal to merge with Singapore-based e-commerce platform Qoo10

ShopClues (which is registered as Clues Network) posted losses of Rs 208 crore for the year ended March 2018.

Binny Bansal sells Flipkart shares worth over $14 million to Tiger Global; Tiger Fund increases stake in e-tailer
Business

Binny Bansal sells Flipkart shares worth over $14 million to Tiger Global; Tiger Fund increases stake in e-tailer

In June this year, Bansal is said to have sold a small portion of his shares to FIT Holdings SARL, Walmart’s Luxembourg entity, for about $76.4 million

Razorpay raises $75 million from Sequoia Capital, others; aims to use funds to develop new technologies
Business

Razorpay raises $75 million from Sequoia Capital, others; aims to use funds to develop new technologies

Razorpay aims to use a significant share of these funds to develop new technologies and scale up its recently expanded product suite, Razorpay X and Razorpay Capital

Razorpay in talks with American venture capital firm Sequoia Capital, others to raise around $75-100 million
Business

Razorpay in talks with American venture capital firm Sequoia Capital, others to raise around $75-100 million

Razorpay's existing investors Y Combinator, Tiger Global, Matrix Partners India and Apoletto Managers are likely to participate in the latest round of the fundraising

Ola Electric Mobility raises Rs 400 cr in funding round led by Tiger Global, Matrix India
Business

Ola Electric Mobility raises Rs 400 cr in funding round led by Tiger Global, Matrix India

Ride hailing major Ola Friday said its EV business - Ola Electric Mobility (OEM) - has raised Rs 400 crore in a funding round led by Tiger Global and Matrix India

No transparency on transparency: Binny Bansal's Flipkart exit reflects a new normal in corporate culture
Business

No transparency on transparency: Binny Bansal's Flipkart exit reflects a new normal in corporate culture

The case against Binny Bansal seems vague and his continuation on Flipkart's board in a transitional role is, if anything, an endorsement that he committed no big lapse.

Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies
Business

Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies

Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others

Grofers eyes over Rs 2,500 cr revenue in FY19; says clocking 150 cr revenue per month
Business

Grofers eyes over Rs 2,500 cr revenue in FY19; says clocking 150 cr revenue per month

In March this year, Grofers had announced raising Rs 400 crore (around $62 million) in funding led by SoftBank, Tiger Global and Apoletto Asia.

SoftBank decides to sell entire stake in Flipkart to Walmart; exit could help investors attract Google parent Alphabet
Business

SoftBank decides to sell entire stake in Flipkart to Walmart; exit could help investors attract Google parent Alphabet

With SoftBank deciding to exit Flipkart, Walmart and Tiger could get Google parent Alphabet to buy into the Indian e-commerce story.

Walmart-Flipkart deal: SoftBank undecided on selling stake, CEO Masayoshi Son to take a call in 7-10 days
Business

Walmart-Flipkart deal: SoftBank undecided on selling stake, CEO Masayoshi Son to take a call in 7-10 days

SoftBank is figuring out the tax liability that would arise if it sold its shares to Walmart less than a year after investing in Flipkart

Unlike in Sholay, Jai-Veeru of Indian e-commerce to part ways: Binny Bansal says is 'really sad' to see Sachin leave Flipkart
Business

Unlike in Sholay, Jai-Veeru of Indian e-commerce to part ways: Binny Bansal says is 'really sad' to see Sachin leave Flipkart

Binny Bansal says, Sachin and I go a long way. We met in 2005 when we were passing out (of IIT, Delhi).

Flipkart-Walmart deal: Charting the journeys of a home-grown behemoth and a US retail giant in India
Business

Flipkart-Walmart deal: Charting the journeys of a home-grown behemoth and a US retail giant in India

The deal's highlights of the Indian e-commerce giant Flipkart, in which US-based Walmart has bought 77 percent stake for $16 billion:

Flipkart bet pays off: From modest beginnings to the Walmart nuptial; what's next for the Bansals?
Business

Flipkart bet pays off: From modest beginnings to the Walmart nuptial; what's next for the Bansals?

Flipkart, Bansals' e-commerce bet finally has paid off big time and set the 2018 M&A counters ringing with US retailer Walmart buying about 77 percent stake in Flipkart for $16 billion.

Walmart buys 77% stake in Flipkart for $16 bn: Here is the full text of the official statement
World

Walmart buys 77% stake in Flipkart for $16 bn: Here is the full text of the official statement

In India, Walmart-Flipkart combine will have to battle America's Amazon and China's Alibaba

Flipkart-Walmart deal: Sachin, Binny Bansal's stake sales could attract 20% capital gains tax, say experts
Business

Flipkart-Walmart deal: Sachin, Binny Bansal's stake sales could attract 20% capital gains tax, say experts

Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global and Japanese conglomerate Softbank, to end up with a 60-80 percent holding for roughly $12 billion.

Flipkart-Walmart deal: Co-founder Sachin Bansal to offload his 5.5% stake in firm after US retail giant's investment
Business

Flipkart-Walmart deal: Co-founder Sachin Bansal to offload his 5.5% stake in firm after US retail giant's investment

There have been reports about Sachin exiting Flipkart after the Walmart deal is sealed.

Walmart-Flipkart: Alphabet, US retail giant likely to buy up to 75% stake; deal to be announced before end of week
Business

Walmart-Flipkart: Alphabet, US retail giant likely to buy up to 75% stake; deal to be announced before end of week

Sources said that Flipkart Group Chief Executive Binny Bansal held a closed-door meeting with the firm’s top leadership at its Bengaluru headquarters on Monday, and one added that Bansal said that Flipkart co-founder Sachin Bansal would exit after the Walmart deal is sealed.

Flipkart turns into pvt holding firm for strategic buyout by Walmart
Business

Flipkart turns into pvt holding firm for strategic buyout by Walmart

Flipkart's, the decade-old firm, first buyback of shares was on 7 December, 2017 when it spent a whopping $869.15 million to buy 72,83,175