Chinese firms invested $2bn in Indian startups in 2017: KPMG
Chinese companies invested nearly $2 billion in Indian startups in 2017, according to a report by KPMG. "Chinese firms have predominantly focused on e-commerce, followed by transportation and fintech," the report further said. It added that some of the major Chinese companies to have invested in Indian startups include Alibaba, ByteDance and Tencent. 