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Sovereign wealth funds flock to tech startups in India, other emerging economies – VCCircle

www.vccircle.com

Sovereign investors are helping fuel billion-dollar funding rounds for emerging-market tech startups, where companies and their backers are fighting for first-mover advantage in the digital space. The aim is to find firms that can replicate the models of Amazon, Netflix and Facebook in the United States - companies that will dominate a young, tech-savvy market.…

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