facebook pixel
chevron_right Business
transparent transparent
Chinese firms try their best to become lead investors in India's startup ecosystem leaving US behind
Experts foresee Hong Kong and Beijing firms taking the lead as investors in the domestic startup ecosystem in the coming year, supplanting Silicon Valley and New York-based firms that have traditionally backed some of India's largest internet firms including Flipkart. In terms of transaction volume and value, Chinese investors continue to trail US risk capital deals. Also, Chinese investors, specifically the family offices, are increasingly being regarded as having greater value than their US counterparts.
For the best experience use Awesummly app on your Android phone
Awesummly Chrome Extension Awesummly Android App