'Panchayat' maker TVF's value drops to 1/4th of its peak as Tiger Global exits: Report

Equity firm Tiger Global has fully exited digital entertainment company The Viral Fever (TVF), creator of shows like 'Panchayat' and 'Kota Factory', Mint reported. The exit transaction valued TVF at $22 million, about 1/4th of its peak 2019 valuation of $82 million, as Tiger Global sold up to a 40% stake. Tiger Global had first invested in TVF in 2016.