Indian companies backed by Chinese tech giants have received vast amounts of capital, often enabling them to put rivals out of business. Photo: Bloomberg
Indian companies backed by Chinese tech giants have received vast amounts of capital, often enabling them to put rivals out of business. Photo: Bloomberg
Technology

Money from Chinese tech firms is deciding India’s next unicorn, say venture capitalists

The backing of a Chinese tech giant often enables an Indian start-up to put rivals out of business, say delegates at the Asia Private Equity Forum