Uber Valued at $51bn, Snapdeal Valued at $5bn

Uber Technologies, the mobile car-booking company, is now valued at $51bn.  The company raised $1bn in a round led by Microsoft, who invested $100m.  Uber was previously valued at $40bn when it raised money in February 2015.  Uber has now raised $6.9bn since the company was founded in 2009.

Snapdeal, the Indian ecommerce startup, is reportedly raising $500m at a $5bn valuation.  The raise is being led by Alibaba, with Foxconn and previous investor Softbank also participating.  Snapdeal, which was founded in 2010, has raised $1.1bn in total capital from investors such as eBay, Softbank, Intel and Blackrock.

Uber and Snapdeal are members of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 108 companies organized by investment theme.