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NestAway Technologies which is a home rental company backed by Ratan Tata, has increased around USD 30 million (around 200 crore) in a Series C financing led by Tiger Global, Russian billionaire Yuri Milner and IDG Ventures India.
NestAway has said in a statement that Flipkart’s former head of operations, Sujeet Kumar, also participated in the investment round.
Amarendra Sahu, Co-founder and chief executive of NestAway said that “NestAway’s mission is to make city housing available and affordable at scale. We are truly excited to see participation of our existing investors and welcome Yuri to the tribe.”
