LOOKING IN A DIFFERENT DIRECTION
Chinese investments
30% of $10 billion invested in Indian tech start-ups in 2019 came from investors based in China
18 of India’s 30 unicorns are funded by firms based in China
US approaching fast
$10 billion India digitisation fund announced by Google
$5.7 billion invested by Facebook in Jio Platforms
$1.2 billion invested by Walmart in e-commerce firm Flipkart
Market potential
450 million smart-phone users in India, expected to go up to 900 mn by 2025
$6 trillion consumer spending in India by 2030 likely, up from $1.5 trillion