Beijing: Confidence of cash-rich Chinese investors in India is increasing as they have invested over USD 2 billion last year, according to a report released Tuesday by a top consultancy firm while a leading bank in China said it has set up a USD 200 million fund for investing in Indian MSMEs. More than 350 Chinese mostly representing Chinese Venture Capital (VC) funds, angel investors participated in a day long pitching session and seminar organised by
New Delhi, Nov 13 (UNI) Embassy of India in China in partnership with Startup India Association (SIA) and Venture Gurukool organised second Startup India Investment Seminar on November 12 in Beijing for fostering innovation and entrepreneurship among Indian youth. The first Startup Indian Investment event was organised in November last year. The event was planned to expose Chinese VCs and investors to the promising Indian startups and also help Indian startups to reach out to
The ICBC, a top state-run Chinese bank which is the country’s largest lender by market value, has opened its branch in Mumbai in 2011. Beijing: The Indian unit of China’s largest bank, the Industrial and Commercial Bank of China, has set up a $200-million fund for investing in the promising Indian micro, small and medium enterprises, and ventures, a top official said here. Zheng Bin, CEO of the Industrial and Commercial Bank of China (ICBC)
Chinese companies invested nearly $2 billion in Indian startups in 2017, a sharp increase from previous years and indicating their inclination to shift to India for its expanding market, cheaper labour and less domestic vulnerability, a new report says. Chinese companies invested nearly $2 billion in Indian startups in 2017, a sharp increase from previous years and indicating their inclination to shift to India for its expanding market, cheaper labour and less domestic vulnerability, a
Furthering Government of India’s agenda of fostering innovation and entrepreneurship among Indian youth, Embassy of India in China, in partnership with Startup India Association (SIA) and Venture Gurukool organised 2nd Startup India Investment Seminar on 12 November 2018 in Beijing. The 1st Startup India Investment event was organised in November 2017. 42 Indian entrepreneurs representing 20 Indian startups, namely Indian startups Tripshelf (travel), OfficePass (Rental Solution), Snapmint (shopping/merketing), Sattviko (Food), Roar Media (Media), Roadpiper (logistics),
