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Tiger Global startup investments drop 70% in the first 11 months of 2022 as the funding crunch worsens

Tiger Global Management, one of the world’s most aggressive technology investors, has shown its confidence in India this year by continuing to deploy capital, albeit on a smaller scale, while slowing investments elsewhere due to macroeconomic headwinds.

According to Venture Intelligence data, Tiger Global, which has backed at least 38 unicorns in India to date, participated in 50 funding rounds of Indian startups in the first 11 months of 2022, compared to 64 in the entire year of 2021. According to the data, while the deal count for 2022 is slightly lower than that of 2021, it is significantly higher than that of 2020 and the pre-pandemic years.

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