Tiger Global Management Participates in a Series C Round for Argentina-based Avenida (Latin America)
Source: Tech Crunch | Author(s): Catherine Shu
Global investment firm Tiger Global Management has participated in a US$30 million Series C round for Argentina-based e-commerce company Avenida. The round was led by multinational internet and media group, Naspers. Avenida, which was launched in 2013 and reportedly processes 20,000 orders a month, will use the new capital to improve its technology platform and expand within Argentina.