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,...
Google Capital Expands to India
Google is in the process of setting up an office for Google Capital in India, joining other investors such as SoftBank and Tiger Global, in what will mark the first such expansion outside the U.S David Lawee, Google capital partner told Wall Street Journal that “it makes a lot of...
India Ecommerce Company Receives $700 Million in New Funding
An article in Hindustan Times reports that Flipkart, India’s largest e-commerce marketplace, announced $700 million in the latest round of funding from new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates, Qatar Investment Authority, along with existing investors DST Global, GIC, ICONIQ Capital and Tiger Global. The...
FlipKart raises $200 million from current investors
India's ecommerce leader, Flipkart has just raised $200 million from a clutch of private equity funds, the company said on Wednesday, in what could be the single largest investment in an e-commerce company in the country. The money was raised from South African technology group Naspers Ltd and private equity...