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India site gets $28.1m from Singapore

SULEKHA --- The granddaddy of online classifieds sites serving the global Indian community, has received a $28.1 million funding boost from Singapore’s sovereign wealth fund, GIC, and its original institutional investor, Norwest Venture Partners. Having started out as...

Housing.com gets $90 million

In a year when Indian online real estate classifieds websites have been raking in big bucks, it's going to be a sunnier Christmas for Mumbai-based Locon Solutions Pvt. Ltd., promoters of Housing.com. The map-based house hunting website, which was started by 12...

Tiger Global invests $30 mil. for mobile

A day after Tiger Global Management LLC was reported to be in the process of raising a $1.5 billion fund, the New York-based part hedge fund/part private equity firm was back in the headlines in India last week for pumping $30 million into the Indian real estate...

Tiger Global helps Quikr raise $65 million

For Pranay Chulet, founder-CEO of India's headline-grabbing online classifieds website, Quikr.com, a dogged determination to succeed against odds comes naturally. He did not have a science teacher till the tenth grade in his government-run school at a dusty...