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Tiger Global leads $26 Mn Series A round in Kutumb

Shortpedia

Content Team
Image Credit: FB

Tiger Global has led a $26 million round in Bharat-focused social community enabler Kutumb, making it one of the largest Series A rounds for any Indian startup. The board of Kutum has approved the allotment of 2,919 Series A preference shares at an issue price of Rs 657,140.76 per share to raise Rs 192 crore or $26 million, regulatory filings show.