India Digest: Tiger Global backs Infra.Market; Y Combinator selects 28 startups

India Digest: Tiger Global backs Infra.Market; Y Combinator selects 28 startups

Photo: Mint

The startup ecosystem in India is abuzz with action. B2B real estate and construction materials-focused marketplace Infra.Market has raised $20 million (about Rs 143.48 crore) led by US-headquartered Tiger Global Management. In a separate development, Y Combinator, a Silicon Valley incubator of startups, has ramped up the number of emerging businesses from India for its winter batch to about 28, double of 14 in the summer slot.

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