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Tiger Global

Developers And Coders Attend The TechCrunch Disrupt London 2015 Hackathon

U.S. Venture Capital Fund Dropped 9% in 2015, But Strong Pace Continued

Venture capital fund in the U.S. dropped by 9% in 2015, but a strong fundraising pace from 2014 continued. Investor become more selective to put the capital in startup companies.

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Airbnb

Airbnb confirms $1.5 billion fund raising round

Airbnb, the US home-sharing startup, has confirmed closing of $1.5 billion fund-raising round. The latest closure of fundraising puts the unicorn startup at staggering valuation.

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Airbnb

Airbnb closes in on $1.5 billion fundraising

Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company's valuation to $24 billion, the Financial Times reported.

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Bhavish Aggarwal

India's Ola raises about $314 million in fresh funding: company filing

India's biggest online cab-hailing service Ola has raised about $314 million in a fresh funding round from investors led by Russian billionaire Yuri Milner's DST Global, a company filing showed.

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Didi Dache

China taxi apps Didi Dache and Kuaidi Dache announce $6 billion tie-up

Didi Dache and Kuaidi Dache, two of China's leading taxi-hailing apps, said on Saturday they would merge to create one of the world's largest smartphone-based transport services.

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LimeRoad

LimeRoad sports $15 million in a Series B round allocated for new Android App

India-based LimeRoad, an online ecommerce company, lands a $15 million Series B funding round led by Tiger Global on Tuesday. Other participants include Lightspeed Venture Partners and Matrix Partners India.

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Caviar

US food delivery startup Caviar bags $15M in seed and Series A funding

San Francisco, US-based food delivery startup Caviar bagged a total of $15 million in its seed and Series A funding led by Winklevoss Capital and Tiger Global to expand into new cities.

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Pure Storage

Pure Storage to expand globally with new $225 mln series D bomb

California-based Pure Storage, specialized in speedy flash-storage boxes for data centers, gobbles up $225 million in their series D round from Investors.

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Actifio

US data storage startup Actifio scores $100M in funding at $1.1B valuation

Boston, US-based enterprise data management startup Actifio scored $100 million in its Series B funding led by Tiger Global Management for its expansion with its valuation now reaching $1.1 billion.

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Myntra

Indian fashion portal confirms $50M capital injection from Premji Invest and rejects Flipkart merger

Bangalore, India-based fashion portal Myntra confirmed that it raised $50 million in a new funding round led by Premji Invest, and decided not to pursue a merger with Indian e-commerce giant Flipkart.

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Myntra

Indian fashion retailer Myntra raises $50M in funding as Amazon and Flipkart approach

Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.

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Myntra

Indian e-commerce giants Flipkart and Myntra in merger talks

India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.

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Technology

Hedge funds increasingly betting on tech- report

An increasing number of hedge funds like Coatue Management are looking for opportunities to invest in the private markets, pouring money in technology startups, TechCrunch reported.

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Groupon Inc

Groupon plunges following Tiger Global's revelation of slashed stake

Groupon stocks dropped by 4.2% to USD9.78 after Tiger Global Management LLC cut its stake in the company.

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Asia Private Equity Weekly News, August 27, 2012

News and developments in Asia private equity from Reuters News for the week ending Aug. 24.

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