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New Deal


Announced

Completed

Tiger Global led a $28m Series B round in Geniemode.

Financials

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Transaction Value£22m
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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Completed

Online and Social Platforms

supply chain platform

Private Equity

Cross Border

Venture Capital

Minority

online platform

Friendly

Acquisition

cross-border sourcing

Single Bidder

India

Private

Synopsis

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Tiger Global led a $28m Series B round in Geniemode, a B2B cross-border tech platform for lifestyle goods, with participation from Info Edge Ventures. "We are excited about this round of funding as we will be able to realize the next phase of our vision and multiply what’s working for Geniemode. We intend to increase global presence with new offices across USA, UK and EU as we expand our sales & operations team. United States will be one of our key territories in the coming year," Amit Sharma, Geniemode CEO.

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