The investment firm’s previous fund PIP XI also raised $3.8 Bn when it closed in 2018 exceeding its initial $3 Bn target.

But a TOI report said the investment fund will continue to actively back startups in India through the global private investment vehicle.

In 2019, Tiger Global invested in Ninjacart, Ola Electric, NoBroker, UrbanClap among others.

In April, Bengaluru-based Ninjacart raised $100 Mn from Tiger Global, taking its post-money valuation to around $350 Mn.

Tiger Global, along with Softbank Vision Fund and Prosus (earlier Naspers) is also reportedly in early talks to back Dream11 in August. | To read full story, visit https://startuparound.com/read/1580110207.9029074/Tiger-Global-May-Launch-$3.8-Bn-Fund-To-Continue-Investment-Spree?ref=audio_experience