Public App raises $35 mn from Lee Fixel’s Addition, SIG Global and Tanglin

Public App, a location-based social network, has secured $35 million in funding from Addition, a $1.3 billion fund set up by Lee Fixel, the former top investor at Tiger Global Management. The other investors include SIG Global and Tanglin Venture Partners.

The investment also marks the return of Fixel for investing in Indian start-ups. He has gained a reputation as a top tech investor and is helping Tiger Global to back firms such as Facebook, Spotify, Uber, Flipkart and fitness company Peloton.

Public App plans to use the funding towards rapid scaling up of tech infrastructure. It would also invest in content offerings and employee base to further speed up the growth and continue improving on retention and engagement