Tiger Global is roaring back to life in India
2 May 2019 1:57 AM GMT
In April, Tiger Global plowed $89 million into Ninjacart.
- In April, it plowed $89 million (Rs619 crore) into Mumbai-based agri-tech platform Ninjacart, making this its largest first investment in an Indian startup.
- In addition to this investment, Tiger Global has backed several other companies in India in the first few months of 2019.
- Between January and April this year, the investor has participated in almost as many funding rounds as it did in each of the last three years.
- On April 29, the Mint newspaper reported that Tiger Global is likely to invest in five software-as-a-service (SaaS) companies in India in May, including logistics management software company Locus.