Money from Chinese tech firms is deciding India’s next unicorn, say venture capitalists

Gaming 09 May 2018
Money from Chinese tech firms is deciding India’s next unicorn, say venture capitalists


Capital from Chinese technology firms is deciding the winners in India’s tech start-up market, according to venture capitalists.
Indian companies chosen by tech giants such as Tencent Holdings and Alibaba Group Holding have received vast amounts of capital, enabling them to put rivals out of business by building their own ecosystem and developing new products.
Chinese investors have been using this “winner-takes-all” strategy in India for the past few years, having seen it pay…

About the author

admin

Leave A Reply