The newly launched venture fund will back Indian startups and entrepreneurs focusing on digitizing SMBs.

Last year online travel booking companies were reeling under an increase in ticket cancellations for both national and international travels.

While there has been an incremental interest from Indian celebrities to park their money in fast growing tech startups, a few of them have even set up their own fund to back early-stage companies.

In less than four months this year, 11 startups have become unicorns.

Pine Labs counts Mastercard, PayPal, and Temasek among its investors.

CarTrade is gearing up to list its shares this year to raise INR 20 billion.

StcokGro doubles as a platform where users can build connected communities.

Besides Gupshup, the list of companies in which Tiger Global invested this week at a billion dollar valuation include Cred, Groww, and ShareChat.