| Singapore's sovereign wealth fund GIC has invested an undisclosed amount in deals discovery application Little, which had raised a $50-million round in July 2015 from Paytm along with investment firms Tiger Global Management and SAIF Partners.
The transaction, one of the rare early-stage bets by GIC, is an extension of the July round in a transaction which underlines how entrepreneurs are shoring up capital and investor support as they see a tougher fund-raising market in 2016. "Given the current climate where everyone is talking about funding tightening up, it's great to have an investor who has a long-term view," said Manish Chopra, founder of Little, confirming the deal was done at the same pre-money valuation...............................................Full Article: Source
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