Global investor Tiger Global Management has reportedly closed around USD 4 Billion global private investment vehicle called the Private Investment Partners (PIP) XII, which will continue to back tech startups in India, US and China.
Yolo TravelTech Pvt Ltd, which operates inter-city transportation and mobility platform Yolo, has raised USD 600 thousand in a seed funding round.
Bizongo, a business-to-business marketplace for packaging materials, has secured USD 30 million in its Series C funding round led by Swiss hedge fund Schroder Adveq
JSW Ventures, the venture capital arm of billionaire Sajjan Jindal-led JSW Group, is set to make the first close of its second fund that seeks to raise a total of INR 350 crore and the new fund will seek to invest in software-as-a-service (SaaS) businesses focused on retail, manufacturing, health and marketing technology ventures
Venture capitalist Tim Draper has invested around INR 25 Crore in Tribe Theory, an international entrepreneur-focused hostel chain.