Tiger Global leads $300 mn funding in US delivery startup

American hedge fund Tiger Global Management has led a $300-million funding round in US-based delivery service startup Postmates. As part of the deal, Scott Shleifer, a partner at Tiger Global Management, will be joining Postmates' Board of Directors. The investment reportedly values Postmates at about $1.2 billion which is double the previous valuation of the startup from 2016.