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New Deal


Announced

Completed

Tiger Global, Steadview Capital and Dragoneer led a $75m Series D funding rounf in INDmoney.

Financials

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Transaction Value£54m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Software

Venture Capital

Private Equity

Completed

Cross Border

India

Friendly

money management

Minority

Private

Synopsis

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Tiger Global, Steadview Capital and Dragoneer, three investment firms, led a $75m Series D funding rounf in INDmoney, a superMoney app to track, save, plan & invest. “Steadview has been especially impressed with the INDmoney team’s ambition and execution towards building India’s premier digital bank, redefining how people build financial security with a user-friendly, easy-to-use, mobile-native platform. We couldn’t be more excited to continue supporting Ashish and team’s remarkable vision,” Ravi Mehta, Steadview Capital Founder.

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