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Bengaluru-based community app Kutumb in talks to raise up to $20 Mn from Tiger Global

Shortpedia

Content Team
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Bengaluru-based social media startup Kutumb is in talks with American investment major Tiger Global to raise $15-20 Mn in Series A, which will value the seven-month-old community platform at around $170 Mn. Tiger Global has offered a term sheet to the Indian startup, but the deal has not been closed yet, according to some people with knowledge of the development told TechCrunch on the condition of anonymity as the talks are private.