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IDG returns to NestAway for $30m series C

Apr 19, 2016 • Robert Lavine

IDG was one of the accommodation rental platform's seed investors, and has come back to co-lead its latest round, which will go to growth and technology development.

India-based accommodation rental platform NestAway has secured $30m in a series C round co-led by IDG Ventures India, the local venture capital affiliate of media firm International Data Group, LiveMint reported yesterday.

The round was co-led with investment firm Tiger Global Management and Yuri Milner, the founder of investment firm DST Global, and also included Sujeet Kumar, formerly the president of operations for e-commerce company Flipkart.

NestAway runs an online marketplace where users can rent homes listed by other users.…

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