‘Stealth investment’: Chinese money finds its way into Indian tech as IPOs boom

//‘Stealth investment’: Chinese money finds its way into Indian tech as IPOs boom

‘Stealth investment’: Chinese money finds its way into Indian tech as IPOs boom

With Chinese investors facing rules restricting their participation in Indian companies, players in India’s flourishing tech scene have turned to Japanese conglomerate Softbank and other Western investors to fill the void.The value of venture deals in India rose to US$7.9 billion in July, according to data by research firm Preqin. But venture capital (VC) investments from mainland China plunged from US$1.2 billion in 2018 to just US$76 million in the first six months of 2021, data research firm…

Article by [author-name] (c) China - South China Morning Post - Read full story here.

By | 2021-08-04T04:00:30+00:00 August 4th, 2021|Headlines|Comments Off on ‘Stealth investment’: Chinese money finds its way into Indian tech as IPOs boom