china: The report showed that in the 12 months ended in January, 22 investors from Asia put money into 49 companies in India, according to Global Times China. The investors came from such markets as Japan, China, South Korea and Singapore, with total investment of $3.4 billion. The report, co-released by online technology media platform 36Kr.com and the India China Economic and Cultural Council, said that India is a large market because of its demographic dividend and the popularity of mobile Internet, which provide opportunities for investors similar to those in China four or five years ago. Investors such as China online travel company Ctrip.com, Alibaba Group Holding and Tencent Holdings are important investors in India as well. In August last year, Tencent led a $90 million funding round in Indian health app Practo. In January this year, Ctrip.com invested in Indian online travel company Make MyTrip with $180 million.
(news.financializer.com). As
reported in the news.
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