China has invested in these Indian companies
China has invested in these Indian companies
Share:

The border dispute about China is deepening. At the same time, the Indian government has banned 59 Chinese apps including TikTok, Camscanner and Likee. There is tremendous public outrage against China and a boycott of goods manufactured in China under the leadership of many organizations. The Government of India has also taken several steps to reduce the import of Chinese goods. Despite all this, China's roots in India's economy are quite strong. Major investments have been made by Chinese companies in India's major startup companies.

For your information, let us tell you that Alibaba Group has invested in Innovative Retail Concepts Private Limited operating the e-commerce portal linked to the groceries under the brand name BigBasket. Tencent Holdings has invested in Think and Learn Private Limited, which operates the learning app Byju's. At the same time, China's Steadview Capital and Tencent Holdings have invested up to $ 300 million in Walmart-owned Flipkart. MakeMyTrip (India) Pvt. Ltd. operating the travel portal MakeMyTrip. Ltd. Ctrip is invested in.

One97 Communications Ltd. which operates Paytm.com. Alibaba Group has invested up to $ 400 million. At the same time, Paytm E-Commerce Pvt., Which runs Paytm Mall. Ltd. Has invested up to $ 150 million. The same, according to data from Gateway House, ANI Technologies Pvt operating cab aggregator Ola. Ltd. It has been invested by Tencent Holdings, Steadview Capital, Sailing Capital and China, Eternal Yield International Limited, China-Eurasian Economic Co-operation Fund. Oravel Stays Pvt. Operating Oyo. Ltd. Has investment in Didi Chuxing and China Lodging Group.

Also Read:

Road being built on border of India and China, will be beneficial in the event of war

Big change in TDS form, know complete details

Share market's move will be determined by quarterly results of IT company

PAN Card: Here's how to get information hidden in alphabet

 

Join NewsTrack Whatsapp group
Related News