Tiger Global’s second coming in India is nothing less than a boon for software product companies. The heightened interest of the hedge fund can be gauged from its bets on over a dozen SaaS-based firms. Its portfolio in B2B tech space includes OKCredit, InterviewBit Academy, Clevertap, MyGate, among others.
Continuing its investment spree in the B2B segment, Tiger Global has invested $15 million Series B round in Ally. Existing investors, including Accel, Vulcan Capital, and Founders Co-op, also participated in the financing round.