The digital unit of India-based media company The Times of India Group joins a syndicate which also includes The Washington Post Company, Docomo, VTB Capital and RTP Ventures.

Times Internet, the digital unit of India-based media company The Times of India Group, has invested a seven figure sum in US-based online retailer Fab.

The deal was “fostered” by Satyan Gajwani, Times Internet Group chief executive, Jason Goldberg, Fab’s chief executive, said on his blog.

Goldberg said: “I have been working with Satyan for several months now and he been super impressive with his approach to innovating and growing technology businesses in India. I’m excited to work with…