Tiger Global

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Groww Secures $250M Pre-IPO Funding Led by GIC

Investment platform Groww is raising $250 million in pre-IPO funding led by Singapore's GIC.
The funding values Groww at $6.8 billion, more than doubling its last recorded valuation.
This round signals strong investor confidence as...

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Gupshup's board is undecided on moving its US-registered holding entity to India for an IPO due to tax implications.
CEO Beerud Sheth highlights the challenges, noting that investing in taxes isn't a good return.
Fidelity Investmen...

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Meesho has closed another $250-270 Mn round from investors including Tiger Global, Think Investments, and Mars Growth Capital, primarily through secondary share sales.
The company has filed an application to shift its domicile to its...

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Amarendra Sahu, founder of NestAway, has accused lead investors Tiger Global, Goldman Sachs, and Chiratae Ventures of fraud, forgery, and coercion during NestAway's 2023 sale. The case includes allegations of forged signatures and dish...

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Neobank Jupiter is in talks to acquire a 5% to 9.9% stake in SBM Bank India, sources reveal.
Backed by Tiger Global and NuBank, Jupiter's move requires approval from the Reserve Bank of India.
This trend follows Indian fintechs and...

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Infra.Market is in talks to raise $150-200 million from existing and new investors ahead of its IPO.
The company plans to file its draft red herring prospectus in December.
Existing backers like Tiger Global, Foundamental, and Evol...

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Ather Energy is preparing for its IPO, with Hero MotoCorp retaining its shares while founders and investors plan to sell.
The IPO will include a fresh issue of shares worth Rs 3,100 crore and an offer for sale of up to 2.2 crore equi...

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PayGlocal, a Bengaluru-based cross-border payments startup, has received the online payment aggregator licence from the RBI.
The startup, focused on international payments, has also applied for a cross-border payments licence.
PayG...

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Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million.
The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICI...

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