Recently, the Indian government has banned 59 Chinese apps including TikTok, Camscanner and Likee amidst border dispute with China. There is tremendous public outcry against China and boycott of manufactured goods in China under the leadership of many organizations.
The Indian government has also taken several steps to reduce the import of Chinese goods. Despite all this, China has strong roots in India's economy. Major investments have been made by Chinese companies in India's major startup companies.
Let us know which Indian companies have more investment in which Indian companies:
The Alibaba Group has invested in Innovative Retail Concepts Private Limited operating a grocery-linked e-commerce portal under the brand name BigBasket, according to Gateway House data. Tencent Holdings has invested in Think and Learn Private Limited, which operates the learning app Byju's. At the same time, China's Steadview Capital and Tencent Holdings have invested up to $ 300 million in Flipkart owned by Walmart. MakeMyTrip (India) Pvt. Ltd. operating the travel portal MakeMyTrip. Ltd. Ctrip is invested in.
