Tiger Global invests $300 million so far this year in Indian firms
Tiger Global Management, arguably one of the most prolific global investors in Indian startups, has started to ramp up its presence once again with investments of around $300 million so far this year. It has backed 13 companies, including a $90-million round in agri-tech startup Ninjacart and a $60 million infusion in B2B industrial goods marketplace Moglix.
The latest deals signify a marked change in Tiger’s investment strategy, with a growing focus on the financial services and B2B sectors, according to industry watchers.
Reported by Livemint