Will unicorn minters Tiger Global, SoftBank now focus on early-stage startups in India?
Tiger Global, SoftBank have invested in 8 seed stage startups in India, Tracxn data shows
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Tiger Global, SoftBank have invested in 8 seed stage startups in India, Tracxn data shows
The announcement from the investment giant's CEO comes on the heels of SoftBank posting a record $13 billion annual loss in FY22 with some of its major portfolio companies seeing a significant drag.
The fresh round was led by Mumbai-based investment firm IIFL, with current investors Tiger Global, Temasek, and 3one4 Capital also participating in the fundraise.
The funding also saw participation from Axilor Ventures, Fundamental, Arali Ventures, Stride Ventures & Alteria Capital.
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