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Tiger Global to actively back Indian startups

Jan 27, 2020 by The Passage Team
Tiger Global to actively back Indian startups

Tiger Global Management, one of the earliest big backers of India's internet story, will continue to actively back startups in India as the firm has closed a mega $3.8 billion global private investment vehicle, said one source directly briefed on the matter.

India will be among the three key focus geographies for the new vehicle - Tiger Global Private Investment Partners XII - along with China and the US as the firm emerged as one of the most aggressive backers of startups in the country in 2019 with 23 deals, as per data from Tracxn, after more than a three-year hiatus.

Source: Economic Times

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