Technical

Srinivasa Reddy Kandi: Tiger Global Eyes Cautious Comeback with $2.2B Venture Fund

December, 11, 2025-05:28

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Tiger Global Eyes Cautious Comeback with $2.2B Venture Fund:

Tiger Global, the investment firm that fueled the VC boom of 2020-2021, is reportedly raising a new $2.2 billion fund.

According to a copy of a letter obtained by CNBC, the firm is seeking capital from potential limited partners for a vehicle called Private Investment Partners 17 (PIP 17). The letter signals a more measured approach compared to the frenzied investing of the 2021 bull market.

Back then, Tiger Global deployed a “spray and pray” strategy, rapidly funding startups at high valuations. Its 2021 fund, PIP 15, totaled $12.7 billion, backing 315 startups in a single year and fueling competitive bidding that inflated valuations, TechCrunch and PitchBook report.

When interest rates climbed, the market cooled, leaving many startups struggling to meet their lofty 2021 valuations, with some ultimately shutting down.

The venture shakeup also affected Tiger Global itself: prolific investor John Curtius departed to launch his own fund, Chief of Private Equity Scott Shleifer shifted to an advisory role, and founder Chase Coleman assumed a more hands-on role in steering the firm forward.

Author: Kandi Srinivasa Reddy, Srinivasa Reddy Kandi, #KandiSrinivasaReddy, #SrinivasaReddyKandi