Indian start ups are getting flush with Chinese funds. Recently ride sharing service OLA raised $50 million for more than 1% stake, at a valuation of $4.3 billion from two Chinese investors – Sailing Capital, a Hong-Kong based private equity firm and China Eurasian Economic Co-operation fund, a state backed Chinese investment fund.
Flipkart Internet raised $4.6billions in funding from Singapore based Flipkart marketplace for 1.5 millions of Class A equity shares.
Indian digital payments firm PayTM was infused with $300 millions from Berkshire Hathaway, which raised the firm’s valuation to $10 billions.
Apart from the above – investments are flowing from Chinese funds across a broad range of sectors including Healthcare, Fintech, E-commerce, Transportation and Logistics.