| Singapore's sovereign wealth fund GIC is in talks with deals discovery app Little for a possible $50-million financing round, sources privy with the matter told TOI. The development comes close on the heels of the company having announced a $50-million fund-raise in July this year, which was led by the Alibaba-backed Paytm, Tiger Global and SAIF Partners along with an undisclosed investor.
"This is one of the significant bets by GIC in the new economy space in India besides its large backing in Flipkart. The discussions are under way and they are looking to put a big cheque in the company," a source familiar with the development told TOI...............................................Full Article: Source
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