According to data from Venture Intelligence, Tiger Global has been part of 228 deals worth $21 billion along with other investors in Indian startups since 2015. It has funded 38 of 103 unicorns in the country.
Lee Fixel has been investing and reinvesting in the company since 2015.
Fixel is looking to invest around $1 billion through his new fund, Addition, as soon as a non-compete agreement with his former employer expires, the people said, requesting anonymity. He plans to actively look at startups in India and also in South-East Asia, they said.
The US-based firm offers a mobile and PC-based platform that connects doctors and patients. Founded by former professionals from Facebook (Saurabh Arora) and Snapdeal (Rahul Narang) in 2013, the company raised USD 1.2 million in August last year.
SurveyMonkey, a privately held company valued at USD 2 billion, also appointed to its board David Ebersman, the chief executive officer of behavioral health company Lyra Health and the former chief financial officer of Facebook.
Founded in 2011, ShopClues does 1.5 million transactions per month with 70 percent of them coming from tier II and & III cities.