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Tiger Global’s new fund raises $2.7B, falling short of its $6B target

  • Fund raised is 55% less than the target, and 79% less than Fund 15 raised last year.
  • Tiger Global plays crucial role in Indian startup ecosystem, investing in over 50% of startups that turned unicorns in 2021.
  • Fund aims to back enterprise startups in India amid lower valuation environment.
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