Tiger Global Management is raising a USD 2.2 billion venture capital fund, marking a strategic return to smaller, more disciplined investing. The New York-based firm, known for its large venture funds during the market boom, will focus on selective investments and slower deployment, prioritizing quality over quantity, as per media reports.
The new vehicle, internally dubbed PIP 17, represents a sharp reduction from its previous USD 6.7 billion and USD 12.7 billion funds. Founder Chase Coleman and firm insiders are expected to be the largest investors, with the first close scheduled for March 18, 2026.
Globally, Tiger Global has made nine new investments in 2025, after reviewing hundreds of opportunities. In India, it has backed four companies—Infra.Market, Captain Fresh, Infinite Uptime, and EatClub—all follow-on investments. The firm historically drove over 50 per cent of unicorn formations in India in 2021, and its portfolio includes DealShare, Oxyzo, Games24x7, Polygon, and Open.
