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Thursday, December 19, 2024 | 11:48 PM ISTEN Hindi

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Quiet comeback by Tiger Global but will be selective

Tiger has been consolidating its position in India, with an objective to bring liquidity for its investors

flipkart
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Ranju Sarkar New Delhi
In early December, it surfaced that Tiger Global, the New York-based hedge fund, had put $5 million (Rs 32.2 crore) in news curation app InShorts. In October, the hedge fund co-invested $2 mn in tea cafe chain Chaayos. It also participated this year in a $75-mn fund-raise by insurance aggregator PolicyBazaar, a $50-mn one by home rental start-up NestAway and a $100-mn one by logistics firm Delhivery, in March.

With Tiger Global harvesting an estimated $1 billion (Rs 6,450 crore) in partial exits from Flipkart and Ola (it has invested $1.25 bn in India), the big question is if it will

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