Tiger Global Management, one of the world’s most aggressive technology investors, has shown its confidence in India this year by continuing to deploy capital, albeit on a smaller scale, while slowing investments elsewhere due to macroeconomic headwinds.
According to Venture Intelligence data, Tiger Global, which has backed at least 38 unicorns in India to date, participated in 50 funding rounds of Indian startups in the first 11 months of 2022, compared to 64 in the entire year of 2021. According to the data, while the deal count for 2022 is slightly lower than that of 2021, it is significantly higher than that of 2020 and the pre-pandemic years.
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Tiger Global Management, one of the world’s most aggressive technology investors, has shown its confidence in India this year by continuing to deploy capital, albeit on a smaller scale, while slowing investments elsewhere due to macroeconomic headwinds.
According to Venture Intelligence data, Tiger Global, which has backed at least 38 unicorns in India to date, participated in 50 funding rounds of Indian startups in the first 11 months of 2022, compared to 64 in the entire year of 2021. According to the data, while the deal count for 2022 is slightly lower than that of 2021, it is significantly higher than that of 2020 and the pre-pandemic years.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
