Announced
Completed
Financials
Sources
Tags
Auto Technology
Acquisition
Private Equity
Minority
Completed
Friendly
Private
India
Venture Capital
computer vision
Domestic
Synopsis
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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