These are investments made by nearly two dozen Chinese tech companies and funds, led by giants like Alibaba, ByteDance and Tencent which have funded 92 Indian start-ups,including unicorns such as Paytm, Byju’s, Oyo and Ola. - @GatewayHouseIND https://www.gatewayhouse.in/wp-content/uploads/2020/06/Chinese-Investment-Report_Final.pdf
@GatewayHouseIND has identified over 75 companies,with Chinese investors concentrated in e-commerce,fintech, media/social media,aggregation services& logistics.A majority of India’s 30 Indian unicorns (start-ups with valuation of over $1 billion) have a Chinese investor.
China’s strategic investments in data-oriented services in India raise concerns, making it critical for India’s security agencies to pay attention to these soft power projects in India. They are prevalent at various levels, particularly in the digital sector in India.
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