From Zomato IPO to Flipkart funding, India’s tech moment arrives
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Last Updated: Jul 19, 2021, 03:31 PM IST
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Synopsis
A record bout of fundraising and a slew of upcoming initial public offerings (IPOs) has shifted focus to Indian tech startups even as investors were becoming spooked by China’s crackdown on its own tech companies.
Reuters
India’s population is expected to overtake China’s this decade and the mood now among investors could not be more different in the neighbouring nations.
Bengaluru: Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world’s second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
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