China provides record funding for Indian tech startups

www.ft.com

There was a time when just Alibaba pumped money into India, now it is Tencent among a host of full-time VCs who are eying the market. That's in many ways to do with the saturation of smartphones/internet access in China, and also the growth in mobile data that is bringing rural parts of India online and opening new opportunities in e-commerce, social media and more. India can learn from China, but the challenge to develop as a technology market remains unique given its culture, languages, etc.

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