Company Name : The Viral Fever
Funding Amount : $10 million
Investor(s) Tiger Global
Funding Round : Not Disclosed
Tiger Global Management has invested $10 million in online video content creator ‘The Viral Fever’ (TVF). With the investment, Tiger Global has acquired 25% stake which is valued at around Rs.270 crore.
Contagious Online Media, the parent company of TVF was founded last year and has reported a revenue of Rs 64 lakh and a profit of Rs 22 lakh.
TVF has become quite popular with the youngsters for popular shows like Permanent Roomates, Barely Speaking with Arnub etc.