Tencent’s billion-dollar India bet7 min read . Updated: 13 Oct 2017, 05:45 PM IST
Tencent Holdings has set its sights on India with investments in two of the country’s most valuable start-ups, Flipkart and Ola. MintAsia examines the Chinese internet giant’s India investment strategy
Bengaluru: In April, when Tencent Holdings Ltd ploughed $700 million into India’s most valuable Internet start-up Flipkart, it sent out a clear message to the country’s rapidly growing start-up and venture-capital ecosystem: the Chinese Internet behemoth means business.
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