Deals
Tiger Global Invests in Indian Startup at $2.5 Billion Value
- Firm raises $125 million in series D round led by Tiger Global
- Infra.Market expects sales to surpass $1 billion this year
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Infra.Market has raised a new round of funding led by Tiger Global that values the Indian technology startup at about $2.5 billion.
The Mumbai-based company raised $125 million in a series D round, according to a statement on Tuesday, confirming an earlier Bloomberg News report. The startup expects its sales to surpass $1 billion by the end of this year and plans to use the fresh capital for expansion into new markets as well as for potential acquisitions.