South China Morning Post uses Venture Intelligence data to quantify the rising interest of Chinese VC and Strategic Investors for Indian startups.
According to venture capital tracker Venture Intelligence, from January 2015 to April this year, several investors including Alibaba and Tencent committed more than US$1.1 billion to Indian start-ups.
... “We feel India’s internet sector will be the next big market after China; it is a hot area for Chinese investors,” said Eric Shu, a senior manager at Chinese venture capital firm Incapital. “In some ways India promises better potential as a market because it is better connected with the Western world and [Indians] can speak English. We believe many successful internet business models in China can be replicated in India,” added Shu.
...“India’s huge population, rapidly developing economy, English-speaking labour force, superb information technology and IT sector outsourcing services are the elements that attract us to invest in India,” said Tao Li, the CEO of tech company Apus Group.Related post: Chinese Takeover of Indian Startups?
Keep track of how all the Chinese plans pan out:
