Chinese investors go head to head with traditional investors in investing in India

Hillhouse Capital, Didi Kuaidi, Tancent, Alibaba, Xiaomi and Ctrip have invested in the mobility, transportation, e-commerce, healthcare and others

Startups and investors from China have gone head to head with traditional US investors and newcomers from Japan, in investing into Indian startups in the recent times. Chinese investors and startups including Hillhouse Capital, Didi Kuaidi, Tancent, Alibaba, Xiaomi and Ctrip have invested in the country, in the mobility, transportation, e-commerce, healthcare and other sectors.

One of the major investors in the league would be Alibaba, which is investing about $680 million in Paytm, at a reported valuation of $3.4 billion. It has also invested alongside other investors like Foxconn and Softbank in a $500-million round in Snapdeal at a reported $5-billion valuation.

According to data from research firm Venture Intelligence, Hillhouse has participated in the $65 million investments in two series in Cardekho and another $30 million investment into Hector Beverages, during 2015 and 2016. Didi Kuaidi, a Chinese transportation network company, has participated in investin into online taxi aggregator Ola in a $500 million investment in September 2015.

Chinese investment holding company Tencent, which has subsidiaries in media, entertainment and internet services, has invested into healthcare start up Practo, along with others, in a $90 million investment in August, 2015. Chinese electronics company Xiaomi has invested along with others in Hungama in April, 2016.

In 2016, Ctrip.com, China's largest travel site, bought a stake in India's largest travel portal MakeMyTrip for $180 million (around Rs 1,200 crore). Hong Kong-based Steadview Capital has invested around $597 million in 11 investments into the country.

The investments comes at a time when the Japanese investors includin Beenos Partners and VC firm Rebright Partners are investing in various companies in the country. Beenos Partners has invested around 27 companies $213 million in India, while Rebright Partners made a total of $8 million in six investments in the country.

Several UK-based investors such as Baillie Gifford, Valiant Capital, Digital Garage among others have invested into the start up ecosystem in the country during the period.

Meanwhile, the traditional investors continued their strong investments, in the country, les by Sequoia Capital participating in 137 investments, which saw total funding of $2,457 million, including co-investment by other investors. Accel India participated in 98 investments, which saw total investment of $1,970 million, SAIF invested 72 times, which saw total investment of $844 million, Blume Ventures in 65 investments of total $285 million and IDG Ventures India in 64 investments for a total of $395 million, from the year 2014 to 2016, year to date.