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New Deal


Announced

Completed

Tiger Global led a $45m Series B funding round in Avataar.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Auto Technology

Acquisition

Private Equity

Minority

Completed

Friendly

Private

India

Venture Capital

computer vision

Domestic

Synopsis

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Tiger Global, an investment firm, led a $45m Series B funding round in Avataar, an AI and Computer Vision platform focused on spatial visual discovery, with participation from Sequoia Capital India. “Consumers continue to look for a better eCommerce experience, and the innovative technology created by Avataar provides a powerful plug and play solution for its customers to meet this demand. As the digital world shifts from 2D to 3D, Avataar and its talented management team are well positioned in this fast-growing market,” Evan Feinberg, Tiger Global Partner.

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