A Series E funding by Nexus Partners, Tiger Global and GIC, the Singapore government’s sovereign wealth fund, has raised the valuation of the e-commerce company ShopClues to $1.1 billion. Headquartered in Gurgaon, India, the company was founded in California's Silicon Valley in 2011. This new "unicorn valuation" puts ShopClues in...
India’s Healthcare Info Company Lybrate Gets $10 Million Funding
Eighteen-month-old Lybrate, based in New Delhi, which aims to increase access to doctors and quality healthcare information, received $10.2 million in funding from Tiger Global, Tata Sons’ President Emeritus Ratan Tata and existing backer Nexus Ventures. The Opportunity: People in metro areas put off visiting doctors for lack of time, traffic congestion,...