As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the past weeks sent teams to Qatar, the United Arab Emirates and Saudi Arabia, the Financial Times (FT) reported Wednesday (April...
Valuation of investments and companies remains an exercise in paper gains and paper losses. Nothing’s final until the investor, the VC fund or the mutual fund pulls the trigger. But a spate of recent markdowns of privately-held tech firms — the startups and even the...
Tech investor Tiger Global Management has reportedly slashed the value of its private funds by nearly 25% this year, leading to one of the industry’s largest-ever declines in assets at $42 billion. That’s according to a recent report by Bloomberg News, which says that Stripe,...
Today in B2B payments, HSBC announces a new platform for trade finance, while Paystand upgrades its Sage Intacct integration to boost cash velocity. Plus, ECI Software Solutions completes its acquisition of ES Tech Group, and Tiger Global looks to raise $6 billion to invest in...
July 31, 2023
Walmart has reportedly paid $1.4 billion for a larger stake in Indian eCommerce firm Flipkart. The retailer made that purchase in recent days from investment management group Tiger Global, Bloomberg News reported Monday (July 31), citing a letter to investors. That letter values Flipkart at $35 billion, down from $38 billion in a 2021 funding […]
April 12, 2023
As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the past weeks sent teams to...
November 27, 2022
Tech investor Tiger Global Management has reportedly slashed the value of its private funds by nearly 25% this year, leading to one of the industry’s largest-ever declines in assets at...
October 06, 2022
Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. The $6 billion figure is less than half...
