Technology
Tiger Global in talks to invest in young Indian social network at $170M valuation – TechCrunch
Who says there is no room for a new social network? Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old…
Who says there is no room for a new social network?
Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at about $170 million, four people familiar with the matter told TechCrunch.
The American investment firm has offered a termsheet to the Indian startup but the deal — a Series A — has not closed yet, some of the people said on the condition of anonymity as the talks are private. Usual caveat: Terms may…
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