Tiger Global investments in India are down, but why?
Tiger Global’s famed bullishness on India has sharply tempered. The hedge fund noted for its $1 billion bet on Flipkart, India’s largest ecommerce player, made only three deals worth $305 million in the first three quarters of 2016, compared to 24 worth $1.8 billion in the same period in 2015.
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The data come from the 2016 edition of the Technology Product M&A Industry Monitor, released at a startup event called StartupBridge India. The report is produced by Signal Hill and the nonprofit...
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