Lee Fixel to invest $1 bn in startups including those in India: Report

Former Tiger Global executive Lee Fixel is reportedly looking to invest around $1 billion through his new fund 'Addition' as soon as a non-compete agreement with his former employer expires. He plans to actively invest in technology startups in India and South-East Asia. As the head of Tiger Global’s private equity business, Fixel led the firm's investment in Flipkart.