India - the Next Big Investment Hub For Unicorns With China’s | Pre-IPO Watch

India - the Next Big Investment Hub For Unicorns

With China’s recent crackdown on its tech companies, global investors are looking to India’s large market for more opportunities. 

Tiger Global (the biggest investor in unicorn startups) is heavily investing billions of dollars in the Indian startup ecosystem.

Tiger Global has invested in around 25 Indian startups across segments – fintech, foodtech, social networking companies, edtech, and others.

Among them Byjus (edtech), Vedantu (edtech), Dream11 (fantasy gaming startup), Groww, Upstok, INDWealth (investment companies).

The reason being that there is a population of 500 million in India who are not being catered to by the investment companies, so the size of the addressable market in India is bigger than any other country.

#unicorns #preipo

https://www.google.ru/amp/s/www.forbes.com/sites/zengernews/2021/08/30/the-next-big-investment-hub-for-unicornsand-its-not-china/amp/