Desi Twitter has the best viral money memes. How many have you seen?

What do you think about this?

What do you think about this?

The internet is a crazy, crazy place. A cursory glance at the microblogging site every morning will provide enough fodder for your entertainment throughout the day. For example, stuff that the internet is obsessing over since Wednesday are money memes.

It’s quite apt considering the fact it is that time of the month during which your bank balance can appear demoralising enough. But there is light at the end of the tunnel with salary being credited soon. Until then, millenials are busy explaining their current situation with the help of the money meme that basically features a collage of two images – a wad of cash in one hand and a hundred rupee note in the other.

We spotted some memes on Twitter that describe desi situations perfectly as the internet is drawing references ranging from daily expenses (you know what we mean, right?) to wedding rituals. Of course, low balance in the bank account is the most cited inference.


Girl, 13, Begged Father For Money To Treat Cancer. Video Viral After Death

Girl, 13, Begged Father For Money To Treat Cancer. Video Viral After Death

Sai Shri’s parents had been separated for eight years and she had been living with her mother

“Daddy…please do something and save me” – says a 13-year-old girl in an incredibly tragic WhatsApp video to her father, begging him for money for her cancer treatment. Young Sai Shri died on Sunday in Andhra Pradesh’s Vijayawada, but her tearful voice is being heard by thousands through the video that has been widely shared online.

Sai Shri’s parents had been separated for eight years and she had been living with her mother. In the video, she pleads with her father, Shetty Shivakumar, to sell her home – which was in her name – to raise money for her treatment. Her mother had reportedly tried to sell the house but was stopped by her father, who allegedly got help from a politician to try and throw his estranged family out.

Sai was diagnosed with cancer in August, and doctors reportedly told her mother that a bone marrow transplant was the only option.

Speaking in Telugu in the excruciating video, she shows swellings and lesions on her arms and legs and shares that she is in great pain.

“Daddy, you say that you don’t have money. At least we have this house. Please sell this house and pay for my treatment daddy. Or else, they (doctors) say that I won’t survive for long,” she weeps.

“I haven’t gone to school in months. I want to play with my friends…I want to go to school…take my exam…I want to become a doctor…”

Based on a complaint by an activist, the Andhra Pradesh State Human Rights Commission has asked the police to investigate whether Mr Shivakumar, who lives in the same city, was guilty of neglecting his daughter.

Activists allege that Mr Shivakumar refused to spend money for his daughter’s treatment even though he could afford it.

Sai’s mother Sumashri had reportedly spent Rs. 30 lakh but the treatment was not good enough for the type of cancer that she was suffering from.


Tiger Global invests $10 million in online videos creator The Viral Fever

A file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/MintA file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/Mint

Mumbai: Tiger Global Management Llc has invested $10 million (Rs.65.6 crore) in popular online video content creator ‘The Viral Fever’ (TVF), picking up a significant minority stake in the firm, according to filings made by the company with the registrar of companies (RoC).

The investment was made in Contagious Online Media Network Pvt. Ltd, which was incorporated in July last year. According to the documents, Tiger Global has picked up close to 25% stake in the firm valuing it at around Rs.270 crore.

The firm’s filings with the RoC show that for the period from 3 August to 21 October, Contagious Online Media reported a revenue of Rs.64 lakh and a profit of Rs.22 lakh.

The Viral Fever was set up by IIT graduate Arunabh Kumar in 2010. He was later joined by Amit Golani and Biswapati Sarkar.

TVF is popular for producing online videos targeting the youth. The group is known for its comedy videos such asQtiyapa; Barely Speaking with Arnub—a satirical take on Times Now’s Arnab Goswami and its original online series such as TVF Pitchers and Permanent Roommates.

In an email response, Tiger Global declined to comment on the development, while emails sent on Tuesday to TVF founders Arunabh Kumar and Biswapati Sarkar did not elicit a response till the time of going to press.

In the recent years, the trend of creating online video content, especially in the comedy genre, has picked up significantly with the emergence of several groups such as All India Bakchod, East India Comedy and several stand-up comics.

These content creators are not just doing it for the laughs. There is serious money to be earned through platforms such as YouTube. According to a report by US magazineForbes in October, the 10 top earning content creators on YouTube for 2014 and 2015 earned a grand total of $54 million.

For Tiger Global, this is the second investment in the online video content space. In 2015, Tiger, along with venture capital fund Zodius Capital, invested $18 million in Culture Machine, which runs the Being Indian and several other YouTube channels. The firm helps artists create, promote and monetize their videos on YouTube and other platforms.

The American investor has stakes in close to 50 companies of varying sizes across the country, mostly in the consumer Internet sector. It has invested an estimated $2 billion-plus into these companies, earning it the distinction of being the largest and most active start-up investor here over the last decade.

However, in the last couple of the American investment firm has gone slow on investing in India.

On 12 February, Mint reported that more than half the companies in its portfolio have been told that it will not participate in future funding rounds even on a pro-rata basis. In instances where it does participate in future rounds, it will not take the lead on deals as has been the norm in the past.

This has resulted in a significant churn in its portfolio with several of its portfolio firms becoming acquisition targets. In some cases they have been acquired by firms which are also funded by Tiger Global.

In January, Bengaluru-based property search platform Commonfloor was snapped up by online classifieds platform Quikr in a stock-swap deal. Tiger Global is an investor in both companies. Last week, another Tiger’s investee firm Zo Rooms got acquired by its larger rival OYO Rooms.

Tiger Global counts unicorns such as Flipkart, Quikr and Ola as its portfolio firms.