Once known as the source of “dumb money” – investments that could hurt, instead of help, tech start-ups in the long-run – Chinese investors now have found many happy recipients. In India, start-ups from fintech to e-commerce to transport have all rolled out the red carpet for Chinese investors, not only for their capital but also for their successful track records in similar markets.
Western funding still dominates India’s start-up scene, but entrepreneurs are turning East for cash and expertise that will keep them viable in the long term.
By Coco Liu
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