American investment firm, Tiger Global Management, which focuses on public and private companies in industries such as software consumer and fintech, is reported to be in talks with Classplus, an Indian Edtech startup, as per an Entracker report.The investment in Classplus will range between $20 million to $25 million and could potentially push Classplus’s valuation to over $200 million. It will mark the fourth investment of Tiger Global in an Indian edtech company, after BYJUS, Unacademy and Vedantu, sources told Entracker, stating that both companies have been in talks for several weeks and that the outline of the transaction has been finalized.

Kale Logistics, a logistics tech startup, has said that it has raised $5 million in a Series A funding round led by Inflexor Ventures. Existing investors also attended the funding round. The funds will be used to strengthen the company’s goods and increase its global reach. Kale Logistics’ cloud-native integrated platform and ERP solutions for all logistics stakeholders aim to reduce the challenges that come with cargo logistics processing.