Hema Parmar

Tiger Global said to reap $3b windfall from Flipkart investment

For Tiger Global, the return on investment, in dollar terms, is one of the largest for the firm’s $11 billion venture capital unit. After the transaction is completed, it will hold a 5% stake in Flipkart and Lee Fixel will keep his seat on the company’s board.

Tiger Global among biggest Spotify shareholders with $1.9b stake

Tiger Global had about $700 million invested in Spotify before it went public through a direct listing.

China is called a hotbed of AI opportunities for investors

To see the future of artificial intelligence, look East, said venture capitalist Jim Breyer.

Tiger Global axes stakes in three of its major tech bets: Amazon, JD.com, Apple

The hedge fund axed its exposure to Amazon by about two-thirds to 1.04 million shares worth $619 million as of March 31. The firm cut its bet on JD.com, by about a quarter to 44 million shares, and reduced its Apple holding by almost half to 5.7 million shares, valued at $617 million.