TVF's valuation falls to a quarter of its peak as Tiger Global exits: Report
Investment firm Tiger Global has completely pulled out of digital entertainment platform The Viral Fever (TVF), known for hit shows such as 'Panchayat' and 'Kota Factory', according to a report by Mint. This exit deal valued TVF at $22 million, which is nearly a quarter of its highest valuation of $82 million in 2019, with Tiger Global divesting its stake of up to 40%. The investment firm had initially backed TVF back in 2016.
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