Indian startups and Chinese investors are growing ever closer. Venture capitalists have visited India so frequently this year that some have made as many as five trips since January.
This has led to a huge increase in Chinese venture capital funds in the country. According to data from research platform Tracxn, China’s VC investment in Indian startups increased by 86% last year to $5.6 billion. And it shows no sign of a slowdown.
India has become the second most popular destination for China’s outbound MA investment, according to EY's China Go Abroad report. Trailing Australia, India attracted $2.3 billion Chinese capital in the first...
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