Invoice discounting platform, KredX, has raised $26 million (Rs 187 crore) in a Series B fund raise led by India’s largest invoice discounting platform on Wednesday announced its series B fund raise of $26M (Rs 187 crore) led by Tiger Global Management, along with participation from existing investor, for a minority stake in the company.

— Hindu Business Line

AZB & Partners advised Internet Fund V Pte Ltd, an affiliate of Tiger Global Management led by a team of partners Ashwath Rau, Srinath Dasari and Nanditha Gopal, senior associate Gautam Rego.

2019-11-20

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