India's gaming tax will jeopardise $4b in potential investments: Peak XV, Tiger Global, others

India's gaming tax will jeopardise $4b in potential investments: Peak XV, Tiger Global, others

Photo: Sigmund By/ Unsplash.com

Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28% gaming tax, saying the levy would adversely impact $4 billion in prospective investments, a letter showed.