Tiger’s renewed interest has seen it invest in more than half a dozen business-to-business startups in the last six months.
The startup was reportedly also in talks with a slew of prominent Chinese investors, including diversified conglomerate Fosun for financing.
GMR is also in the final stages to conclude a deal with Singapore-based ESR for a 120 acre logistics park.
The startup will also see capital infusion from Bain Capital and Japanese investor GMO Venture.
Squats will use the investment to enhance its underlying technological framework, strengthen its team and expand its pan-India operations.
In the past five years, control deals grew at an annual average rate of 50% to $9.9 billion in 2018, according to data from EY India.
Among its conditions, Etihad Airways wants an exemption from an open offer that may be triggered by a change in ownership structure of Jet Airways.
The startup is in talks with private equity and venture capital firms as well as car makers including BMW Group India and Mercedes India for funding.
L&T is trying to acquire control of Mindtree by buying as much as 66.32% in the IT services firm for about Rs 10,700 crore.
Treebo last raised capital in 2017, when Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital led a $34 million investment.
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