Nestaway raises funds

Nestaway – a Bengaluru-based startup that deals in home rentals, is raising funds through its ongoing Series D funding round. The company was eyeing to raise over $100 million in its Series D funding. However, the estimated amount the company has raised equals to $10 million (Rs.69.83 crore). This time the company will acquire funds from Tiger Global Management – the New York-based firm as well as from Chiratae Ventures. Tiger Global Management is said to invest in the Indian startup via Singapore-based Internet Fund III Pte. Limited. The company is also said to raise an amount of funds from Vistra ITCL (India) Limited.

Source: Deal Street Asia

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