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Tiger Global invests $300 million so far this year in Indian firms

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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

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