Three months into 2021 and it is amply clear that this decade will be unlike anything Indian startups have seen so far.
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The Tiger Global Management fundraise last week has evoked a lot of chatter in India, among both entrepreneurs and venture capital investors.
…Though Tiger Global sent a letter to its investors back in January saying it was raising $3.75 billion for its thirteenth venture fund (titled XIV, apparently for superstitious reasons), a new SEC filing shows that the new fund just closed with almost twice that amount: $6.65 billion. That’s a lot of billions, even in this market, and especially for Tiger Global, which closed its twelfth fund with $3.75 billion in capital commitments only last year.
From Tiger Global just closed one of the biggest venture funds ever, with $6.7 billion• Tech Crunch
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