Chinese entrepreneurs are now keen to ride the wave of Indian consumer internet after China's Internet consumer market is flooded. Chinese startup such as NewDog, Shin and Tic-Talk in India. Encouraged by success, at least 50 Chinese Internet companies have made their move in India last year. Some of them are e-commerce platforms, such as Mayfair, while some videos like buzz. Based e-commerce platform has attracted investment recently, there are many other startups, which are bringing Chinese entrepreneurs to capitalize on the Internet market of India.
China's companies and startups are now seeing huge prospects in the Indian Internet consumer market. He believes that he has the support of his experiences in China to take advantage of India's fast-growing market. Most of them are targeting regional content, such as with names such as Velike, 4 Fun, and Inze, while around 20 others are looking at FineTech space, which includes payments and borrowings. Some of them not only localizing their products but also adopting Indian names. In fact, some of them are also avoiding referring themselves as a Chinese firm.
The consumer behavior and priorities of initial 100-150 million digital users in India and China are fairly similar. That's why China's entrepreneurs believe that they know how to play and they can understand what they have to do at the grassroots level to achieve this big opportunity in India. It also reflects the investor's trends. However, earlier, large Chinese funds such as Alibaba and Tenets had made big bets in India, followed by Shunwei. CDH and MorningSide also caught the same path. However, the story seems to be a little changed now and has now grown from relatively small Chinese funds with $ 100-200 million. Interestingly, those who are interested in investing in the Internet market through India.
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