SINGAPORE (July 10): Taiger, an artificial intelligence startup whose clients include Bank of America Corp, AIA Group Ltd. and Banco Santander SA, has raised US$25 million ($34.0 million) of funding for its expansion.

The company’s valuation will reach US$110 million after the investment, according to a statement from the Singapore-based startup. The series B funding round has been led by PacificBridge Asset Management, an affiliate of US buyout firm TPG Capital, and Hong Kong-based merchant bank and asset manager MCM Investment Partners.

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