<p>There has been a 12 times growth of Chinese investments in Indian start-ups over the past four years to $4.6 billion in 2019 from $381 million in 2016 with a majority of unicorns in India being backed by corporates and pure-play investment firms from China, according to data and analytics firm GlobalData.</p>.<p>An analysis of the deals database of GlobalData's Disruptor Intelligence Centre showed 12 times growth of Chinese investments in Indian start-ups over the past four years from $381 million in 2016 to $4.6 billion in 2019.</p>.<p><strong>Read: <a href="https://bit.ly/3dxCpjX" target="_blank">'GoI has failed to narrate truth about China's incursion In Ladakh’</a></strong></p>.<p>The majority of the unicorns in India (17 out of 24) are currently backed by both corporates and pure-play investment firms from China, predominantly Alibaba and Tencent, GlobalData said.</p>.<p>Alibaba and its affiliate Ant Financial along with others invested over $2.6 billion in four Indian unicorns (Paytm, Snapdeal, BigBasket and Zomato), while Tencent alongside others invested more than $2.4 billion in five unicorns (Ola, Swiggy, Hike, Dream11 and BYJU's), it added.</p>.<p>Unicorns are the start-ups that have a valuation of $1 billion or above.</p>.<p><strong>Also Read: <a href="https://bit.ly/31lCSDo" target="_blank">India's auto and pharma sectors not ready to wean off China</a></strong></p>.<p>Other notable Chinese investors active in the Indian start-up ecosystem include Meituan-Dianping, Didi Chuxing, Fosun, Shunwei Capital, Hillhouse Capital Group, China Lodging Group, and China-Eurasia Economic Cooperation Fund.</p>.<p>Until last year, undeterred by any geopolitical tensions, China placed considerable bets on Indian tech start-ups anticipating significant growth in the medium-to-long term, Kiran Raj, principal disruptive tech analyst at GlobalData, said.</p>.<p>"However, the recent border conflict and the tightening of India's FDI (foreign direct investment) policy amid <a href="https://www.deccanherald.com/tag/covid-19" target="_blank">Covid-19</a> as a caution to avoid takeover or acquisition of distressed assets by border-sharing nations may turn a blockade to Chinese investors in achieving their investment goals," he added.</p>.<p>Nevertheless, it is only a temporary measure and the long-term impact can only be realised in the future given the significant bilateral investment relations between the two countries, he said. </p>
<p>There has been a 12 times growth of Chinese investments in Indian start-ups over the past four years to $4.6 billion in 2019 from $381 million in 2016 with a majority of unicorns in India being backed by corporates and pure-play investment firms from China, according to data and analytics firm GlobalData.</p>.<p>An analysis of the deals database of GlobalData's Disruptor Intelligence Centre showed 12 times growth of Chinese investments in Indian start-ups over the past four years from $381 million in 2016 to $4.6 billion in 2019.</p>.<p><strong>Read: <a href="https://bit.ly/3dxCpjX" target="_blank">'GoI has failed to narrate truth about China's incursion In Ladakh’</a></strong></p>.<p>The majority of the unicorns in India (17 out of 24) are currently backed by both corporates and pure-play investment firms from China, predominantly Alibaba and Tencent, GlobalData said.</p>.<p>Alibaba and its affiliate Ant Financial along with others invested over $2.6 billion in four Indian unicorns (Paytm, Snapdeal, BigBasket and Zomato), while Tencent alongside others invested more than $2.4 billion in five unicorns (Ola, Swiggy, Hike, Dream11 and BYJU's), it added.</p>.<p>Unicorns are the start-ups that have a valuation of $1 billion or above.</p>.<p><strong>Also Read: <a href="https://bit.ly/31lCSDo" target="_blank">India's auto and pharma sectors not ready to wean off China</a></strong></p>.<p>Other notable Chinese investors active in the Indian start-up ecosystem include Meituan-Dianping, Didi Chuxing, Fosun, Shunwei Capital, Hillhouse Capital Group, China Lodging Group, and China-Eurasia Economic Cooperation Fund.</p>.<p>Until last year, undeterred by any geopolitical tensions, China placed considerable bets on Indian tech start-ups anticipating significant growth in the medium-to-long term, Kiran Raj, principal disruptive tech analyst at GlobalData, said.</p>.<p>"However, the recent border conflict and the tightening of India's FDI (foreign direct investment) policy amid <a href="https://www.deccanherald.com/tag/covid-19" target="_blank">Covid-19</a> as a caution to avoid takeover or acquisition of distressed assets by border-sharing nations may turn a blockade to Chinese investors in achieving their investment goals," he added.</p>.<p>Nevertheless, it is only a temporary measure and the long-term impact can only be realised in the future given the significant bilateral investment relations between the two countries, he said. </p>