Tag: tiger global management

Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
Posted in Startups

Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced Micro Devices and SpaceX during the second quarter,…

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India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger Global invested in Flipkart before that. (Reuters)
Posted in Business

Tiger Global ‘Flipkart tax’ seen reshaping M&A activity at India Inc.| Business News

Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as…

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Walmart acquired Flipkart for $37 billion in 2018 in what is still the largest e-commerce deal in India. (Reuters)
Posted in Business

Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case| Business News

Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of…

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