Lee Fixel returns with Addition, leads $35m round in Inshorts
Inshorts, which operates a popular news aggregator app in India, has raised $35 mn in a new financing round led by Lee Fixel’s Addition as the Indian startup looks to scale its adjacent, social network platform.
For Fixel, who wrote several high-profile checks to Indian firms while running Tiger Global, InShorts is the first Indian startup he is backing from his new VC firm. Fixel, who also invested in InShorts when he was at Tiger Global,
SIG Global and Tanglin Venture Partners also participated in Inshorts’ new round, which values the startup at about $125 mn.