Chinese startups, investors looking at India
India is now an important startup destination, and even small and medium-sized Chinese enterprises, venture capital firms and angel investors are eyeing it, and seeking local insights, experts said at an entrepreneurship forum in Beijing on Tuesday.
The event, which focused on topics like what kind of Chinese startup ideas can succeed in India, was organized by Google-backed Startup Grind, the world's largest startup community that educates and connects 1.5 million entrepreneurs in more than 365 cities in 115 countries.
Chinese investors and startups with relevant products and services should consider expanding into India, said Kunal Shah, a serial entrepreneur best known as founder of the Freecharge app, which was bought for $400 million in 2015.