Chinese investments in Indian start-ups grow 12 times to $4.6 billion in 2019: GlobalData


Source: deccanherald.com deccanherald.com

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There has been a 12 times growth of Chinese investments in Indian start-ups over the past four years to $4.6 billion in 2019 from $381 million in 2016 with a majority of unicorns in India being backed by corporates and pure-play investment firms from China, according to data and analytics firm GlobalData. An analysis of the deals database of GlobalData's Disruptor Intelligence Centre showed 12 times growth of Chinese investments in Indian start-ups over the past four years from $381 million in 2016 to $4.6 billion in 2019. Read: 'GoI has failed to narrate truth about China's incursion In Ladakh’...