- US-based venture capital firms like Tiger Global and Sequoia Capital continue to dominate startup funding, but they are very clearly giving way to Asian heavyweights like SoftBank , Beenext , Alibaba , and Tencent.
- Data from research firm Venture Intelligence shows that the number of deals involving Chinese investors jumped from 1 in 2013 to 27 in 2018, and deals backed by Japanese investors rose from 3 to 54 in the same period.
- Venture Intelligence data shows that China's investments in Indian startups was at its highest in 2017 at $4.3 billion, a 180% increase in deal count from 2016.
- Pankaj Makkar, MD of Bertelsmann India, the strategic investment arm of Netherlands-based media group Bertelsmann, says the fund started building their portfolio with e-commerce businesses, but over the years has gone on to add other sectors such as fintech, edtech, and logistics.
- Chinese tech conglomerate Tencent, China's Shunwei Capital, and Japan's SoftBank were some of the top active investors in India in 2018, in terms of deal value.
Asian investors bring new flavour to Indian startups - Times of India
30 March 2019 11:07 PM GMT
Trend Tracking News: The epicentre of foreign investments in Indian startups is slowly moving from North America to Asia. US-based venture capital firms like Tiger Global
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