Weekly corporate venturing deal net: 25-29 April 2016

Apr 29, 2016 • Robert Lavine

Bertelsmann India Investments, a corporate venturing subsidiary of media firm Bertelsmann, has invested $5m in India-based, fashion discovery platform Roposo, enabling it to close a $15m series B round in which hedge fund Tiger Global Management has already invested $10m, Press Trust of India reported on Tuesday. Tiger Global led Roposo’s $5m series A round in March 2015, which also featured India Quotient and angel investor Binny Bansal, and which followed $1m of seed capital.

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