Tiger Global raises new $2.5 billion fund
The new fund, Tiger Global Private Investment Partners X, saw participation from as many as 520 investors/limited partners, the filing showed.
According to data from VCCEdge, Tiger Global closed 18 new early-stage deals over the past 12 months.
The latest fund comes exactly a year after Tiger Global raised $2.5 billion in its eighth fund, Tiger Global Private Investment Partners IX.
An email sent to a spokesperson for Tiger Global did not immediately elicit a response.
Founded in 2001, Tiger Global invests in sectors across internet, technology, real estate, telecommunications, energy, media and retail with a focus on the US, China, India, Southeast Asia, Latin America and Eastern Europe.
In India, Tiger Global has backed firms like Flipkart, CommonFloor, Caratlane, Roposo, Freshdesk, Babyoye, Zovi, Hike, CarTrade, LimeRoad, Grey Orange, PolicyBazaar among others.
Globally, Tiger Global has invested in Southeast Asia-based taxi app GrabTaxi. It has also invested in the US, including companies like Harrys, Craftsy, Quora, Kitchensurfing, Hotel Urbano, Eventbrite, and One King's Lane. Its famous investments include Facebook, LinkedIn, Russia's Yandex and China's Youku.