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Synopsis
Tiger Global Management, an American investment firm, led a $60m series C funding round in Papa, a family on-demand service providing company. "Addressing loneliness and social isolation is a critical issue for older adults and their families, especially as more seniors choose to age at-home. Papa has developed a highly personal companionship model to solve this unmet need, delivering exceptional satisfaction ratings and healthcare outcomes. We are excited to back the clear category leader and believe they're just scratching the surface of the opportunity that lies ahead,” Scott Shleifer, Tiger Global Partner.
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