1947 Tech — Week 42

1. Keeping India at its core: Tiger Global raises $3.75Bn fund with India among its key focus areas

Tiger Global raises $3.75bn fund with India among its key focus areas. Tiger Global, which had bet $1 billion on Flipkart since 2009, had made over $3.3 billion in the transaction and still owns around 5% stake in the company.

2. Big Funding round: Swiggy close to raising $900m in fresh funding from Naspers, Tencent

India’s largest food delivery service Swiggy is close to signing a term sheet to raise $900 million from a group of investors led by South African technology conglomerate Naspers at a pre-money valuation of $2.5 billion

3. Indian market insights: How WeChat faded into the silence in India | FactorDaily

Any entrepreneur that is eying Indian market should read this article. What works in the west, or even in Asia most likely wouldn’t work in India.

4. Indian market insights: Droom bets on Hindi, regional languages to drive biz

Online automobile marketplace Droom is working on introducing Indian languages on its platform, including Hindi, Telegu and Gujarati, by the next quarter as part of its efforts to expand user base on its platform.

A Week In Review

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Shiva Singh Sangwan

Shiva Singh Sangwan

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