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Big bets and broken unicorns: Tiger Global’s rise and reckoning

The Covid-19-era bubble had not yet burst when the CEO sat down to write an email, hoping to woo Tiger Global. It was early on in the pandemic, and he was running one of India’s buzziest startups: a tech unicorn that, like so many around the world, had been suddenly flooded with venture capital. “Everybody saw that we were a hot company,” he said, requesting to go by the pseudonym John. Like other sources in this story, he spoke with Rest of World on the condition that he and his company name re...

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