Tiger Global and Other Investors Urge Indian Government to Rethink Online Gaming Tax, Citing Investment Risk
Tiger Global, Peak XV, and Steadview Capital, along with 27 other investors, have collectively appealed to Indian Prime Minister Narendra Modi to reconsider a 28 percent gaming tax. Their contention is that this tax would have a negative impact on potential investments totaling $4 billion (approximately Rs. 32,811 crore). The investors, in a letter obtained …