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From China with funding: Country puts its faith in Indian start-ups

Not just from the likes of Alibaba and Didi Chuxing, Indian start-ups saw a surge in Chinese funding from financial investors this year

T E Narasimhan 

The year may not have been a great one for Indian industry, but start-ups saw a surge in funding from one particular country:China. The past year has seen large amounts of Chinese cash flow into Indian start-ups: Investments from China rose nearly 94 per cent to $3,916 million, from $2020 million last year, according to private equity database supplier Venture Intelligence.

This is a sevenfold jump from $459 million in 2016. Chinese investors are pouring money into the country at a time when PE/VC investments from the US and Europe are slowing. US investors infused around $9.18 ...

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First Published: Wed, December 25 2019. 20:31 IST
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