New $3.8 billion fund to fuel Tiger’s deals
Despite sobering sentiments around startups, Tiger Global has continued its dealmaking activity. Over the last few months, it has emerged as one of the leading contenders to back sports fantasy startup Dream11 in its $300-400 million round at a valuation of over $2 billion.
Indian Railways' revenue from passenger fare down by Rs 400 crore in Q3; income from freight up by Rs 2800 crore: RTI
A reply to an RTI query...
The call of the wild: Priya Agarwal Hebbar finds bliss among tigers in Bandhavgarh; says nature invokes spirituality
The MP tiger reserve is ...
LogiNext scores $39 million in fresh financing round from Tiger Global and Steadview Capital
The company will use the proceeds from the latest round of fund raising to expand its presence to New York, London, and Sydney, while also doubling its workforce, with a focus on ramping up its customer success and research and development teams.
South Eastern Railway report 10.7% increase in freight traffic, close to achieve FY target
SER is now poised to achieve 170 million tonne (mt) of originating freight loading in this financial year surpassing the target of 164 mt set by the Railway Board, the statement added. In step with this objective, a Freight Customer Meet was organized at SER Headquarters, Garden Reach on January 21 to assess the growth projections for the remaining two months of this financial year.
Piyush Goyal indicates customers to get compensation for delayed freight delivery
Speaking at the foundation day of the Dedicated Freight Corridor Corporation of India Limited, Goyal said that it should make a commitment to its customers with a timetable for its freight trains. "Just like the Tejas trains have done in Delhi-Lucknow and Mumbai-Ahmedabad, we should be willing to give a commitment of timely delivery," he added.
Eye on China, South gets 1st Sukhoi squad with BrahMos
India now has a new lethal weapons platform to keep a ‘strategic eye’ over the Indian Ocean Region (IOR), especially the Bay of Bengal, as well as carry out ‘long-range precision strikes’ against hostile aircraft carriers or other high-value targets by day and night in all-weather conditions in the region.
Zinier raises $90 mn in funding from ICONIQ Capital, Tiger Global, others
It will also help in expansion into additional industries that rely on field service work for business success as well as partnerships with leading system integrators globally.
Zinier gets Rs 638 crore for R&D and global expansion
The round also saw the participation of Tiger Global Management, along with existing investors Accel, Founders Fund and Qualcomm Ventures, among others.
Byju’s secures $200m from Tiger at $8 billion valuation
New York-based Tiger Global Management has invested $200 million in education app Byju’s, valuing the Bengaluru-headquartered company at about $8 billion.
Fares, freight rates to be rationalised: Railway Board chairman
Railways may increase passenger fares up to 40p/km soon to tide over the financial crisis due to slowdown.
Trial run of double-stack freight train conducted on Rewari-Madar section
A trial run of a double-stack freight train on the newly built 306-km-long Rewari-Madar section of the Western Dedicated Freight Corridor (WDFC) was conducted on Friday. Double-stack rail transport is a form of intermodal freight transport where railroad cars carry two layers of intermodal containers.
Smart bombs, futuristic combat vehicle in pipeline: OFB head
The first-ever conference of employees of 41 ordnance factories in the country is being held at the National Academy for Defence Production at Ambajhari near here. Director General Ordnance Factories and Chairman Ordnance Factories Board Hari Mohan told reporters that the conference would focus on "themes important for the transformation of ordnance factories".
MyGate aims at 10-fold growth in user base in 2020
The firm has raised a 'Series B' funding of $56 million from the Chinese internet giant Tencent Holdings, US- based JS Capital, Tiger Global Management, besides the existing investor Prime Venture Partners.
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