The above graph represents the Chinese investments in Indian startups, starting from 2016 to 2018. India has become the most promising country for Chinese investors such as Alibaba Group, Fosun, Tencent, Didi Chuxing, and many more, in the last 5 years.
China’s VC investments into the Indian startup ecosystem have increased five-fold to $5.6 billion in 2018, from just $668 million ($0.7 billion) in 2016, according to data collated by research and analytics platform Tracxn. Interestingly, the growth in funding amount was primarily driven by the Start-up India initiative launched by the Prime Minister Narendra Modi in 2016, that led to a spurt in the number of tech startups in the country.
In 2017, China invested approximately $3 billion in Indian startups, representing an astonishing 349% year-over-year increase in investment. Some of the most active Chinese investors were Alibaba Group, Tencent, Fosun, etc.
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