Tag: chinese investment

Top 4 Indian Alternatives of Helo App With Their Market Effect

After the Indian government banned 59 apps of Chinese origin, citing data security and national sovereignty concerns including popular apps such as TikTok, ShareIt, UC Browser, CamScanner, Helo, Weibo, WeChat, and Club Factory, it gave birth to a new wave of Indian apps as alternatives.

There were millions of downloads of the banned applications in India. Already Installed apps may continue to exist on mobile devices. But now that the latest versions of the apps have been removed from both Google’s Play Store and Apple’s App Store, users will not be able to access updated versions soon.

If even a slight notice goes out to internet service providers asking that data flow from these apps be halted, that could impact the functioning of existing installed apps. Among the banned apps, the Helo app was a favorite all, and with its ban came several other competitors of Indian origin to take its place. Here we listed a couple of them.

1. ShareChat
2. Roposo
3. Chingari
4. Mitron
Impact on Market Share in India After the Ban

Alternatives of Helo App

New things keep on replacing the old objects. With the application of ban, there were many alternatives selected by the people to replace popular applications such as TikTok, Helo, ShareIt. Each application was replaced with the number of homegrown indian alternative applications. Below is the list of best alternative applications for Helo App.

Global Names	Indian Alternatives
TikTok	Roposo
Zoom	Say Namaste
Helo	ShareChat
BeuatyPlus	LightX Photo Editor
Shareit	Jio Switch

1. ShareChat

Founded: 2015

Play Store Download: 100M+

Ratings: 4.2

The ShareChat Application on Google Play Store

ShareChat is a well-known name as the alternative to Helo App. ShareChat is a made-in-India product considered the best option to replace Helo. Even though ShareChat was introduced to the world earlier than the ban, it was only after the announcement of the government, that ShareChat found its part of acknowledgment.

With the introduction of the ban, there was a great spike recorded in the number of downloads on an hourly basis for ShareChat. As for current times, the active user count for the ShareChat app is around 160 Million users per month in 2022.

“We are confident that this sets up the foundation of another success for ShareChat,” ShareChat COO and Co-founder, Farid Ahsan.

ShareChat enjoys 5 lakh downloads per hour, especially after the introduction of the ban. The shareChat app allows its users to make and share videos, watch funny videos, and share WhatsApp statuses and also enables them with the feature of creating and using a chatroom for communication with others.

2. Roposo

Founded: 2014

Play Store Download: 100M+

Ratings: 4.3

The Roposo Application on Google Play Store

Another great alternative for the Helo app is Roposo. Roposo is a short video platform developed in India. Roposo also found its ladder to success just after the announcement of banning Chinese applications for security purposes. There was an instant spike noted in the number of downloads recorded over the period of an hour for the Roposo application.

The Roposo app now claims it has around 65 million users in India with a monthly active user count to be around 25 million in the year 2022. The Roposo App is one of the strong competitors of ShareChat whose growth is comparatively slower than that of other Indian rivals. The InMobi-owned video-sharing platform had said that it gained 10 million new users in as little as 12 hours after the ban.

3. Chingari

Founded: 2018

Play Store Download: 50M+

Ratings: 4.9

Chingari is an Indian video-sharing app that has emerged as one of the top alternatives to the Helo app and has crossed over 50 million downloads on the Play Store. After the ban of Chinese apps in India, Chingari was reportingly having 3 lakh users every hour. For the current scenario, Chinagri enjoys an active user base of around 32 Million users per month in 2022.

Chingari is highly acknowledged for its visual effects introduction in making videos. Chingari allows its users to view, create and share videos by its means. It is also known to enable the service of viewing news and playing games through its application for its customers.

4. Mitron

Founded: 2020

Play Store Download: 10M+

Ratings: 4.3

Even though Mitron is considered a clone of Tiktok, it is still a social media platform and can be seen as an alternative to Helo. Just after the apps were banned and Tiktok became unavailable for download, Mitron swept in and got a whooping 5 Million downloads within a month, and currently, it enjoys an 18 Million active user base per month in 2022.

Mitron is a short video platform that enables the facilities like creating a short video mainly used for status along with the option of recording a live video. It enables easy creation of video with shorter time-length but of different purposes.

Impact on Market Share in India After the Ban

The announcement of banning Chinese applications came on 29th June 2020. Even though the ban was imposed for security purpose, the effect of banning the products was indirectly going to affect the market share of similar Indian products.

With the unavailability of the same service, many users diverted their path to Indian products offering the same services. Given below is the data showing the comparison between the downloads of each individual application before and after the announcement.

Apps	June 19-28(2020) Before the Announcement of Prohibition	June 29 to July 8(2020) After the Announcement of Ban	Total % Change Incurred in the Number of Downloads
Roposo	49,00,000	89,00,000	89%
ShareChat	14,00,000	50,00,000	257%
Mitron	36,00,000	43,00,000	19%
Chingari	35,00,000	54,00,000	54%

The user base of the Helo Application was diverted to more than one Indian-made application. Users went out to use and try different platforms as per their requirements. The top four alternatives giving competition to each other were Mitron, Roposo, Chingari, and ShareChat.

Monthly Active user base of Helo App alternatives in 2022

Experts say that the ban, coupled with anti-China sentiments in the country, does create an opportunity for Indian brands, but whether these new users will stick to these platforms remains to be seen.

Naveen Mishra, senior research director at Gartner, said with the ban on Chinese apps, 200 million Indian consumers are evaluating alternates.

“This ban creates immediate opportunities for Indian developers to create a similar platform. There are a bunch of early-stage similar Indian products, which will be religiously tested by Indian consumers now. Accelerated product evolution based on local customer feedback is key to being successful in this new scenario,” he said.

With the effect seen and noticed by the experts, it is believed that the ban imposed by the government on Chinese products will eventually pave a way for Indian products to create their own existence in the market.

With the decision of banning a number of Chinese apps, it can also be assumed that the decision ordered by the government will also create a way for the developers to create their own path to success.

Conclusion

The Indian market consists of a large number of audiences looking out for different methods and products to work with. The Chinese applications were suddenly banned by the Indian government leading to the ultimate solution of finding Indian Alternatives for each application.

One of the most popular applications faced with the same destiny was Helo App. The text above contains the best Indian alternatives for Helo App along with their market share effects.

FAQs

Which Chinese apps were banned in India?

Among the 59 apps that were banned, the most loved ones were TikTok, Shareit, UC Browser, Shein, CamScanner, Helo, Weibo, WeChat, Club Factory, and more.

Why were the Chinese apps banned in India?

The apps were banned due to the security risks that they posed. It was alleged that the apps were being used to track and monitor the citizens of India.

Will the ban on Chinese apps be lifted?

The ban was temporary with the Indian government wanting proper proof of the security concerns. However, no proper response has been given yet and the bans are likely to become permanent.

June 21, 2022

Top Chinese Investors in Indian Startups Ecosystem

Chinese investors have had a significant presence in the startup ecosystem In India. After the recent dispute at the Indo-China border, the Indian public is actively participating in the #BoycottChineseProducts movement. This has also resulted in the boycott of the services and products offered by different startups that have received investments from different Chinese companies.

However, there are many different Chinese companies that have invested huge amounts in many startups across the country. Many startups in India have been receiving investments worth millions of dollars from different Chinese companies that wish to establish themselves in the Indian market. And they have been quite successful in this by investing in big and popular startups and companies in India.

In this article, we discuss the top Chinese investors in the Indian Startup Ecosystem and their investments.

Top Chinese Investors in India

Alibaba Group
Tencent Holdings
Fosun Group
Shunwei Capitals
Hillhouse Capital Group

Alibaba Group

Alibaba Group is probably the topmost Chinese company that has invested in many Indian startups over the years, this multinational tech company was founded in the year 1999. Some of the biggest Indian startups and companies in which The Alibaba Group has invested include the Online Food Ordering and Delivery startup Zomato, Payments startup PayTM, and e-commerce startups such as Paytm Mall and SnapDeal and online grocery Store BigBasket.

Startup Name	Startup Founder	Amount
BigBasket	Hari Menon, VS Sudhakar and Vipul Parekh	$246 million
PayTM	Vijay Shekhar Sharma	$1.1 billion
Snapdeal	Kunal Bahl and Rohit Bansal	$150 million
Zomato	Deepinder Goyal	$512 million

Tencent Holdings

Tencent Holdings, or simply Tencent, is another Chinese technology and entertainment conglomerate that has hugely invested in Indian startups. It was founded in the year 1998. This company has invested in many different startups and companies such as PolicyBazaar, e-commerce store Flipkart, Online Taxi Booking startup Ola and Food Delivery Company Swiggy.

Startup Name	Startup Founder	Amount
MX Player	Karan Bedi	$110 million
PolicyBazaar	Yahishis Dahiya, Avaneesh Nirjar and Alok Bansal	$150 million
Ibibo	Ashish Kashyap	Undisclosed
Doubtnut	Tanushree Nagori and Aditya Shankar	$15 million
Swiggy	Sriharsha Majety, Rahul Jaimini and Nandan Reddy	Undisclosed
Flipkart	Binny Bansal and Sachin Bansal	Undisclosed
Byju	Byju Raveendran and Divya Gokulnath	$40 million
Hike	Kavin Bharti Mittal	$175 million
Dream11	Bhavit Sheth and Harsh Jain	$100 million
Ola	Bhavish Aggarwal and Ankit Bhati	$400 million

Fosun Group

The Fosun Group has been investing in Indian startups for a long time, keeping its main focus on Tech-based startups. It has invested in many startups including Delhivery, LetsTransport and others. Instead of investing large in big startups like the others that are already mentioned, Fosun Group mainly focuses on small tickets for relatively small startups. The group has its presence all around the world.

Startup Name	Startup Founder	Amount
MakeMyTrip	Deep Kalra	Undisclosed
Delhivery	Sahil Barua, Suraj Saharan and Kapil Bharati,	$30 million
LetsTransport	Pushkar Singh, Sudarshan Ravi and Ankit Parasher	$12 million

Shunwei Capitals

Shunwei Capitals has invested in many startups over the past years. It is a venture capital firm situated in Beijing, China. It was founded in 2011 by Lei Jun. In November of 2008, they raised around 1.2 billion dollars for investments in Indian startups.

Startup Name	Startup Founder	Amount
ZestMoney	Lizzie Chapman and Ashish Anantharaman	$13.4 million
Vokal	Mayank Bidawataka and Aprameya Radhakrishna	$6.5 million

Hillhouse Capital Group

Hillhouse Capital Group is one of the most famous private equity firms in Asia. It has invested in some well-known startups in India. The company was founded in the year 2005 by Zhang Lei.

Startup Name	Startup Founder	Amount
Udaan	Amod Malviya, Vaibhav Gupta, Sujeet Kumar	Undisclosed
Swiggy	Sriharsha Majety, Rahul Jaimini and Nandan Reddy	Undisclosed

Conclusion

China has maintained a firm grip on the Indian market by funding and investing in various startups and companies all across the country. Even after the tension regarding the Indo-Chinese dispute, Chinese companies are associated with some Indian startups. Some of the most popular and well known Indian startups got funds from these Chinese companies and with their promising future, more and more Chinese companies are looking forward to investing in them and other startups

FAQs

Have Chinese companies invested in Indian companies?

There are multiple Chinese companies that have invested in Indian startups.

Is BYJU funded by China?

Chinese conglomerate Tencent Holdings has invested in the Indian ed-tech startup Byju.

Who founded Alibaba Group?

Alibaba is founded by Jack Ma in 1999.

April 14, 2022

Case Study of How Indian Brands Under Twitter Attack After Indo-China Conflict

Indian based startup unicorns like Flipkart, Zomato, Swiggy and Paytm have recently been under the radar of Twitterati accused them of getting investments from Chinese investors. This anger has abruptly taken a rise after the deceitful act done by China at the Galwan Valley after 20 Indian soldiers were killed.

People have shown their anger on Twitter and have also suggested to start boycotting the services of these applications which are either china based or being funded by Chinese investors all over India. Many users have asked that these companies should get their stakes back as most of the stakes of these companies are in the hold of Chinese investors.

How Flipkart Responding To The Situation?
Snapdeal Statement
China’s Investment and Future Prediction

How Flipkart Responding To The Situation?

People on Twitter are asking people to boycott and it can be a harm to their current market situation. Although they have not come up with any formal response regarding this they posted a photo informing people that how they are trying to help sellers across India to work hard and how they will support them by providing their health insurance plans, by laying off the storage fees and trying to provide flexible work policies making them feel more comfortable and helping these sellers to ease their work.

China has created a large effect in the Indian market by investing frequently in the past 5 to 6 years. Many of the Indian homegrown startups have been backed up by Chinese investors. China has been a key investor in the technological development of the Indian market. With the recent situation where people are boycotting Chinese goods and the Government is banning Chinese Apps, things are turning worse.

“The overall sentiment is anti-China and that is building on various counts which have now been aggregated. A lot will depend on whether or not the government wants to play the hardball.The social media storm was inevitable. In the past also we have seen how some apps were downgraded citing ‘national interest’. There could also be some direct business impact for the time being. However, how it will reflect in the long term will totally depend on the way the government plans to handle the current situation.” – Anonymous Industry Executive

Snapdeal Statement

While companies like Flipkart, Ola, Zomato, Swiggy and Oyo have not given any formal statement or uttered any word regarding this but Snapdeal came forward to give a statement.

“Snapdeal has always been focused on creating opportunities and access for India’s small and medium businesses – sellers and manufacturers. For over a decade, we have championed the cause of Indian MSMEs and provided them with a platform to grow and succeed. As a proudly Indian company, we remain committed and steadfast in this mission.” – Snapdeal

China’s Investment and Future Prediction

A source named Gateway House has estimated around $4 billion of investments have been done by them in India’s technology-based Startups in 2019 while a $2 billion investment was done in the year 2018. Moreover, at least 18 of the top 30 startups in India are being backed by Chinese investors.

Ant Financial, Tencent, Shunwei Capital, and Alibaba are some of the big Chinese investors who have their stakes in Indian based unicorns. Well, a startup founder has also stated that after the month of April the Chinese investments have started to come down due to which the doors have been opened for other avenues which are based in UK, USA, Middle East and India.

“Fresh investments will take time because everyone is cautious as to what will happen next. There is going to be a bit of a lull because the sentiment is certainly low. Both Wuhan and border tensions have come at the same time. There is an element of negativity. However, it will not have a major impact on the existing companies operating in India that have Chinese investors on board. The very fact that Chinese companies have invested in Indian firms, doesn’t make them ‘Chinese products’. There are so many Indian companies that have set up manufacturing units in China. If we keep on boycotting things like this, we will end up hurting our own economy and the talent growth” – Sreedhar Prasad, Independent E-commerce Analyst

Conclusion

Although it will be a hard road for India on the economic front for a while as there is a ban on the investments by the world’s second-largest economy it will help in getting invested by other countries too which are more reliable and will help create a good relationship with them. Also, it will be helping all the Indian based startups and entrepreneurs and provide them with a great opportunity in the near future.

With the current tensions at the border, it looks impossible for a while to expect good relations with China and the spread of the deadly coronavirus will also play an important role in the Chinese market as many countries would give a second thought to having economic relations with them.

The USA is the world’s largest economy, and is showing some disinterest in China for the past two to three months too can look forward to India and can become a prime investor in these firms.

FAQs

How many Chinese apps are banned in India?

224 Chinese are banned in India since 2020

Is PUBG banned in India?

PUBG is banned in India under the instruction of the Government of India.

Why Chinese apps are banned in India?

Chinese apps are banned in India because of the security and thereat of Indian citizens and the ongoing conflict between the two countries.

April 7, 2022
List of Chinese Companies in India | Top 12 Chinese Brands in India
Chinese companies have acquired a huge part of the Indian market. The recent ban of some of the major Chinese companies has pushed them out of the limelight. These companies dealt in the field of fashion, gaming, and entertainment. It includes big names such as Shein, Club Factory, PUBG, WeChat, Halo, etc. But still, some companies bag huge profits from India and dominate the Indian market.

List of Top Chinese companies operating in India
1. Xiaomi
2. Oppo
3. Vivo
4. One Plus
5. Huawei
6. Motorola
7. Coolpad
8. Lenovo
9. Haier
10. TCL
11. Realme
12. WISCO
List of Chinese mobile companies in India

Xiaomi

Xiaomi – Chinese company in India

Xiaomi is one of the top Chinese mobile brands in India. It is popular for many reasons. MI makes mobiles and electronic accessories suitable for almost all kinds of customers. The price ranges from affordable to high with varying features. Xiaomi first entered the Indian market on July 13, 2014, in partnership with Flipkart to sell its MI 3 for 13,999 INR. Today, it has become the most sold mobile brand in India and is leading the electronic market among other chief brands.

Oppo

Oppo – Chinese company in India

Oppo is a popular Chinese company that entered India in 2014 to woo Indian customers with its fancy camera phone. It launched a huge marketing campaign that covered Indian ‘bazaars’ is Oppo banners. With Deepika Padukone as the brand ambassador, Oppo got into the minds of young Indians.

All its marketing strategy revolved around the camera and it still does. Oppo also partnered with PUBG gaming to draw in customers to play the cult favorite game in high graphics. It has its fingers on the pulse of youth and continues to make great sales in the market.

Vivo

Vivo – Chinese company in India

Vivo entered India with Oppo only with the similar concept of selling its camera phone. It applied the same marketing strategy and captured a huge portion of the Indian market. Banners and hoardings of Vivo were seen alongside Oppo and they painted the market green. Vivo also sponsored many gaming events to promote its performance and dominated the Indian mobile sales.

One Plus

Oneplus – Chinese company in India

One plus was also launched in 2014 and it was more on the costly side. Unlike Oppo and Vivo, One Plus mobiles are not available at cheaper rates. It begins with 27,999 INR which is expensive for an average mobile user in India. It was marketed as a high-performance mobile with an astonishing camera.

One Plus captured the market of the high-end buyers and competed with Samsung. It has secured a strong place among young employees who want an all-rounder mobile with a great camera and fancy features.

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Huawei

Huawei – Chinese company in India

Huawei is also a competitor among many Chinese mobile companies in India. Huawei sell mobiles, tablets, watches, and speakers. Their most popular mobile was ‘honor’ that did extremely well in the Indian market. Later, it faced issues due to technical problems and India’s relationship with China but now it’s back on track.

Motorola

Motorola – Chinese company in India

Motorola is another Chinese company that makes smartphones, accessories, and smart home devices. They also sell baby monitors and smart nurseries. Motorola is not as popular as other Chinese mobile brands but it has significance in earlier times. But, Motorola has also increased its shipment and is planning to make a comeback in the market with its new gadgets.

BBK Electronics-The manufacturer who Rivaled Apple [Case Study]

BBK electronics is a Chinese multinational conglomerate. It owns over half ofthe smartphone market in India through its subsidiaries OPPO, VIVO, Realme, iQOOand OnePlus. It has been branded as the most innovative company for itsingenious strategy. BBK has multiple brands to cater to every market …

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Coolpad

Coolpad – Chinese company in India

Coolpad is another smartphone company of China. It is headquartered at Shenzhen, China. It is not much popular as compared to other Chinese brands but recently Chinese investors put in $500 million into Coolpad and have set eyes on 5G shares. It has head offices in Karnataka, Haryana and Tamilnadu.

Lenovo

Lenovo – Chinese company in India

Lenovo is a Chinese electronics manufacturing company whose laptops are especially popular in India. It also makes other gadgets like smartphones, wearables, and television. Lenovo laptops are trusted by Indian buyers for their durability and reasonable price. It is the choice for students other than HP or Dell.

Haier

Haier – Chinese company in India

Haier is another electronics brand that has been in India for nearly 12 years. It manufactures refrigerators, microwaves, AC, TVs, and water heaters. Haier is popular among the masses for the well-built products that last long. It also makes appliances that are required in factories such as commercial freezers and air conditioners. Indian, is the highest contributing market to Haier’s net worth. It aimed to become a billion-dollar company by 2020 but Covid got in the way.

TCL

TCL – Chinese company in India

TCL is another electronics company that majorly deals in TV and home theatre. They also make home audio and air treatment devices. The company also focused on making AI-induced appliances and launching them in the domestic market. It aims to join the list of the top three smart TV brands in India. TCL’s revenue in India has reached 4 million dollars in recent years.

Realme

Realme – Chinese company in India

Realme is also a mobile brand from China that has formed quite a grip in the Indian market. Its new models sell fast and the company has registered immense profit in the past few years. As the young customers reach for the newest model, the demand for such mobile brands increases. With a wide price range, it has managed to double its shipment in the year 2020.

WISCO

WISCO – Chinese company in India

WISCO stands for Wuhan Iron and Steel Corporation. WISCO entered India on 8 Aug 2008 and registered itself at Registrar of Companies, Mumbai. It deals in manufacturing materials of different kinds and produces bronze for all construction purposes.

Conclusion

This was the list of top Chinese companies operating in the Indian Market. A large percentage of the Indian population buys Chinese smartphones as other alternatives are costly. These companies have acquired the market through a smart strategy of a wide price range and it’s apparent that they’re not going anywhere anytime soon.

FAQs

How many Chinese companies are in India?

There are a total of 105 Chinese companies registered in India.

How many Chinese apps are banned in India?

The Indian government has banned around 224 Chinese apps.

Which are the Chinese mobile companies in India?

Some of the top Chinese mobile companies in India are:
- Xiaomi
- Oppo
- Realme
- Oneplus
- Vivo
- iQOO
Which Indian companies are in China?

Top 5 Indian companies which have a good market in China are:
- Tata Motors
- VIP Industries
- Voltas
- Caplin Point Laboratories
- Kingfa Science & Technology
March 15, 2022
Why did Amazon banned Chinese Sellers from its platform in USA?

Amazon one of the largest based e-commerce giant has removed certain made in china, sold on amazon gadgets from its e-commerce platform. Gadgets of companies such as Aukey and Mpow has been disappeared from the digital platform. Let’s look at the reason for Amazon to ban Chinese gadgets from its platform.

About the ban
Chinese Sellers on Amazon
The allegations
The Finding
Steps Taken by Amazon
FAQ

About the ban

Amazon.com had recently blocked the vendors of several top Chinese merchants from its platform stating the reason of suspicious behaviour. The industry insiders have conveyed that this move from Amazon is part of a targeted crackdown based on certain business practices that are questionable to the sellers on the platform, including the sellers based in China.

The most products of Mpow which is the main electronics store of Amazon has not been available for purchase from April 2021. The electronics store is run by ByteDance and Patozon which is backed by Xiaomi.

There was no response from Aukey and Mpow on the queries put forward by the South China Morning Post. However, a spokesperson from Amazon has said that the company will not be able to give comments on individual cases. He added that Amazon has systems to detect suspicious behaviour and to take prompt actions. There were no allegations of conducting fraud by Aukey and Mpow.

Chinese Sellers on Amazon

The two banned companies are Chinese vendors who have turned to Amazon in order to enter the international market. According to a recent report by Marketplace pulse which is a consultancy firm, 75 % of all new sellers on Amazon was Chinese based company as of January 2021.

The share of Chinese based sellers on the US site of Amazon had increased from 28 % in 2019 to 63 % in 2021. The most successful sellers on Amazon would generate a huge amount of profit.

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The allegations

It is seen that as these Chinese firms are moving towards Amazon, they are bringing in some shady practices which is much more common in Chinese marketplaces. According to certain Industry insiders, some of the practices include creating fake reviews for the products, increasing the sales numbers, etc.

The recent actions of Amazon can be considered as a warning from the e-commerce platform which sends the message that the US based giant will not tolerate such activities on their platform.

The Finding

The recent removal of products from Amazon’s website has created a coincidence with the reports which were sent by the antivirus product review site called SafetyDetectives. The company had conducted a survey where they received links of around 75,000 which is directed towards Amazon’s accounts.

The cybersecurity team of the company have found that the links led to the vendors of Amazon which asked for positive reviews for their products for exchange of free products which would be provided by the website.

The owner of this website has not yet been detected but the researches could find some information written in Chinese which has led them to believe that the server is located in China.

How India is boycotting Chinese products

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Steps Taken by Amazon

From past few years Amazon has been working towards fighting such problems on their digital marketplace. From the year 2016 the company has banned incentivized reviews.

In the 2020 brand protection report which was released by Amazon has mentioned that the company has spent around USD 700 million and has provided new employment for more than 10,000 people to crackdown fraudulent cases and abuse.

According to a report, In the year 2020 the company has blocked more than 10 million suspected bad listings and 6 million attempts to create a new account.

Platonov has conveyed that the manipulation of review has become essential in competition between the vendors within a certain marketplace. They added saying that they are almost present everywhere with number of social media groups, websites and even a lot of companies that are specialized in techniques such as brushing and leveraging ample networks.

FAQ

What percentage of Amazon reviews are fake?

61% of electronics reviews were reported to be fake on Amazon as of March 2019.

Does Amazon allow fake products?

The sale of counterfeit products is strictly prohibited on Amazon.

How do I avoid Chinese sellers on Amazon?

Avoid brand names that are weird combinations of consonants and vowels, Avoid products that are identical to one with different brand names, and Carefully inspect products that have generic product titles and do not list a brand name, these steps might help you to avoid Chinese sellers on Amazon.

Conclusion

The problems related to fake reviews still exist on the Amazon and other online retail platform even though there have been a lot of lawsuits filed against such companies and the individuals who have written the reviews. Platonov has said that the problem would increase as Chinese vendors expand overseas.

May 13, 2021
Untold Truth about Chinese Investments in IPL you must know

IPL is the most loved cricket league in India. Brands pay a hefty amount to get that title sponsor. Vivo was the title sponsor of IPL from 2016 to 2019 but due to rising tension in the galwan valley Indian government banned 59 apps. This led to a huge uproar against BCCI for having Chinese smartphone maker Vivo as an IPL title sponsor.

In 2016 Vivo replaced Pepsi as the title sponsor in 2016, had signed a five-season deal from 2018 to 2022 worth a whopping ₹440 crore per edition. Which has been now replaced by Dream 11, but The question is Are there still any Chinese Investments in IPL?

List of All the Brands that are sponsoring IPL 2021

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Are there still any Chinese Investments in IPL?

For IPL 2020 Dream11 has been replaced as the title sponsor Vivo over the dispute with Chinese, the fantasy gaming start-up has bagged the title sponsorship rights for the Indian Premier League 2020 for Rs 222 crore.

Traders’ body Confederation of All India Traders on 19th August wrote to BCCI objecting Dream 11 winning the title sponsor, as a Chinese company has invested heavily in Indian company Dream11. The value is as high as $100million.

The company which has invested in many popular Indian companies and Dream11 is none other than ‘Tencent‘. Tencent is one of the Top Chinese Investors Of The Startup Ecosystem In India .It has invested in Dream11 in Series D funding in 2018.

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What did CAIT have to say about it?

CAIT

CAIT (Confederation of All India Traders) is leading a campaign for the boycott of Chinese goods and they have expressed,

“We are deeply pained to note that now Dream 11 has been chosen as sponsor of IPL 2020 which has Chinese company Tencent Global as one of the major stakeholders. We are of the considered opinion that awarding sponsorship to Dream 11 is nothing but a bye pass route to neglect the sentiments and feelings prevailing among the people of India against China for its regular attempts to invade the interests of India,” the CAIT letter said.

Is it possible to Remove all of the Chinese Investments From Indian Sports?

The real question is Is it possible to remove all of the Chinese Investments from Indian sports, it is possible but its not practical.

Almost every company that is linked with is lPL or any other Indian sports or team for that matter is Chinese or at least have a considerable investment from them. OPPO which is a chinese company had a 5 year partnership with BCCI to be the official sports sponsor of under-19 cricket team, Men’s A team and woman’s team.

OPPO transferred the official team sponsorship to Byjus, which has a huge investment from Tencent, which is a Chinese company that has invested in many popular Indian companies.

List Of Chinese Funded Companies In India | Chinese Investment In Indian Companies

Due to the tensions escalating at the border between two countries India andChina, the Chinese funded companies in India are currently at risk. The peopleof India took a stand and started boycotting every Chinese company and theirproducts, this created difficulty for the Chinese funded Indian sta…

StartupTalkyArbaaz sayed

The thing is that almost all startups in India have some Chinese investment or are backed by Chinese investors. Chinese investors have found Indian startups valuable and invested in the top startups, the investors have funded over 18 out of 30 unicorns in India which is roughly around $3.9 billion of investments in 2019. It is not practically possible to remove every Chinese investment from all Indian Sports.

April 17, 2021

Tencent – All You Need to Know

While the Govt of India is banning China made apps, and products, and we the people of India have started to apply the philosophy of ‘Chini Kam’ (i.e the philosophy of less to no Chinese goods) in our lives, more we have started to realize that there are indeed many Indian companies that have received investments from Chinese companies. A recent report lists 92 major Indian startups that has received funding from Chinese companies. Today we are speaking of such a Chinese company that has invested in many popular Indian companies, and it is none other than Tencent.

Tencent, which started off in 1998, launched its first product (a PC based instant messaging service) in 1999, has grown into a much well known and profit making conglomerate today. It has established itself as one of the world’s largest video game company, world’s largest social media company, world’s largest venture capital firms, investment corporation and a market leader across diverse industries. Let’s take a look into the some interesting facts and figures about Tencent.

About Tencent
Tencent – Company Highlights
Tencent – Founders & Team
Tencent – History
Tencent – Name & Logo
Tencent – Investments in India
Tencent – Funding & Investors
Tencent – Revenue Model
Tencent – Competitors
Tencent – Growth & Revenue
Tencent – Future Plans

About Tencent

Tencent Holdings Limited is a Chinese Multinational Conglomerate which almost has acquisitions in every corner of the business world. With minimum of four globally owned enterprises, and hundreds of subsidiaries and associates in various industries, Tencent has its presence across various business verticals including retail, e-commerce, search engine, real estate, video gaming, software, virtual reality, ride sharing, banking & financial services, fintech, consumer electronics, computer technology, automobile, movie ticketing, film production, music production, space technology, natural resources, big data, smart phones, agriculture, medical services, cloud computing, social media, IT, advertising, streaming media, AI, robotics, food delivery, courier services, e-book, education, renewable energy etc.

Some of the main subsidiaries include Tencent Industry Win-Win Fund, Tencent Public Space, Tencent Industry Collaboration Fund, Tencent Research Institute, and Tencent Technology Co Limited. The company has also started its operations in an insurance stream known as WeSure Internet Insurance Limited.

Tencent – Company Highlights

Startup Name	Tencent
Headquarters	Shenzhen, China
Sector	Advertising, Gaming, Social Media Marketing
Founders	Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing
Founded	1998
Parent Organization	Tencent Holdings Limited
Website	www.tencent.com

Tencent – Founders & Team

Ma Huateng, along with his classmates from Shenzhen University, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing are the Tencent founders. The company operates with Ma Huateng as the CEO and has more than 10000 employees.

Named as one of the world’s most influential and powerful person, and as a top businessman by many organizations, Tencent founder and CEO Ma Huateng, has also been declared as China’s richest man (as of June 2020) by Forbes. Born on 29th October 1971, Huateng has a B Sc in computer science. After graduating, Ma Huateng worked with China Motion Telecom Development, where he developed software for pagers, and earned $176/ month (Today Ma Huateng’s net worth is $51.2 Billion) . He later worked for Shenzhen Runxun Communications Co. Ltd, where he was into developing internet calling services. He started his own entrepreneurial venture, Tencent in 1998.

Tencent co-founder Zhang Zhidong is the second largest individual shareholder of Tencent. Also a graduate in computer science, Zhang’s net-worth is $12.6 billion as of June 2019, as reported by Forbes.

Xu Chenye is the Chief information officer at Tencent. Before joining Tencent, Chenye worked with Shenzhen Data Telecommunications Bureau, where he took care of software system design, network administration and also marketing and sales management.

Chen Yidan served as the Chief Administrative Officer of Tencent till 2013. Chen is currently associated with Tencent as an advisor, sponsor and honorary chairman of the Tencent Charity Foundation. Chen is also a part of the founding team of Wuhan College.

Zeng Liqing, worked as the Chief Operating Officer of Tencent since 1999 to 2007. Currently Zeng Liqing is the Advisor Emeritus of Tencent. Besides Tencent, Zeng also co-founded Taomee Holdings Ltd ( a company producing children’s entertainment products) and Shenzhen Dexun Investment Co., Ltd. Prior to Tencent, Zeng worked as Manager in the Shenzhen Branch of China Telecom Corporation Limited from 1993 to 1999.

Tencent – History

Started in 1998, Tencent launched its first product QQ (a PC based instant messaging service) in 1999. For the the first 3 years, the company was in losses. In 2001, ‘Naspers’, a South African Media company purchased 41.6% shares in Tencent. The company ventured into online gaming since 2004. In 2004 itself, Tencent was also listed on Hong Kong Stock Exchange. While QQ was earlier available for PC only, in 2005, QQ for mobile was also launched by Tencent. In 2011, Tencent entered the social media app market with ‘Weixin’ ( Now known as WeChat). Also, in 2005, online payment system ‘TenPay’ was launched by Tencent. Tencent launched its search engine Soso.com in 2006. In 2007, Tencent Research Institute ( China’s first research center on core Internet technologies) was started. Gradually the company acquired stakes in various businesses to accelerate its growth and also entered diverse industries from music to e-commerce and many others to reach its current position.

Tencent – Name & Logo

As per some reports, Tencent derives its name from two Chinese characters ‘Teng’ and ‘Xun’ which means something like ‘galloping fast information’

The logo of the company contains both the English and Chinese font of the name ‘Tencent’.

Tencent – Logo

Tencent – Investments in India

Tencent has emerged as the biggest investor in Indian startups. Tencent has invested in 15 Indian companies – Dream 11, Hike, Swiggy, Flipkart, Practo, Ola, Gaana, PolicyBazaar, Udaan, Byju’s.

Chinese technology conglomerate Tencent has invested $62.8 million in Walmart-owned e-commerce firm Flipkart. Tencent remains the second-biggest shareholder in the e-commerce marketplace Flipkart, increasing its stake from 5% to 5.34% and worth $1.21 billion post the latest investment made through its Singapore based subsidiary Aceville.

Tencent Invested in Gaana through its European subsidiary Tencent Cloud. In April 2020, India also tightened the approval process for foreign direct investment from any country with which it shares a border. Even after that, Tencent has continued investing in Indian startups through its subsidiaries out of China. Tencent is present in e-commerce, gaming, logistics, education, fintech and more with investments in

Tencent – Funding & Investors

Tencent Holdings has raised a funding amount of $6.6 Bilion in 5 rounds.

Date	Stage	Amount	Investors
January 1999	Angel Round	$200K	–
April 2000	Seed Round	$220K	PCCW, IDG Capital
May 2001	Venture Round	$32M	Prosus and Naspers
June 2018	Post IPO Equity	$44.4M	Lippo Group
August 2019	Post IPO Debt	$6.5B	–

Tencent – Revenue Model

Operating in diverse industries, Tencent has a diverse source of revenue. Majority of Tencent’s revenue comes from in app purchases, from subscription fees on its platform like Tencent Video. The company also earns online transaction free from its payment service ‘ WeChat Pay’. Besides, the company also earns from digital ads run on its various platforms.

The Tencent revenue is generated through millions of micro transactions. They have adopted the VAS model. The value added services is their main stream of revenue. It is available on their social media platforms, gaming platforms and mobile games. For an example customers can pay for fancy weapons and costumes for their avatars in the game. Other sources of Tencent are digital content subscription, membership subscription, advertisement, and online games. It is clear that Tencent does not rely on advertising revenue.

Tencent – Competitors

The top competitors of Tencent are the Alibaba Group, Sina, NetEase, Baidu, Unix CCTV, Facebook and Sohu. Tencent continues to lead the global market with its diligent network and growing technology.

Tencent – Growth & Revenue

Tencent has a huge and sturdier global connection in various fields. In FY19, the company experienced a steady growth with a revenue of RMB 377.3 Billion, while its revenue was 312.7 billion RMB in FY 2018.

As reported, till January 2020, Tencent Holdings Limited invested in over 800 firms across the world, of which, 70 are listed companies and 160 are Unicorns. Tencent has acquired 16 companies till date.

Tencent – Future Plans

Tencent has announced its plan of building a ‘Net City’ in Shenzhen. The Net City will cover an area of 320 acres that will provide sustainable power sources. As per plans, ‘Net City’ will be entirely car free, and will have plenty of green spaces and walking space for pedestrians, besides, self driving vehicles. Apart from this, the company is working towards improvising its every possible sector, especially in gaming and e-commerce. The tech giant plans to invest US$ 70 billion in high tech areas.

Frequently Asked Questions – FAQs

When was Tencent founded?

Tencent was founded in 1998.

Who is the owner of Tencent?

Ma Huateng is the CEO of Tencent.

What are some of the Indian companies that received funding from Tencent?

Dream 11, Hike, Swiggy, Flipkart, Practo, Ola, Gaana, PolicyBazaar, Udaan, Byju’s are some Indian companies that have recieved funding from Tencent.

April 6, 2021

List of Indian Companies With Chinese Investment | Indian Startups Funded by China
With the tension escalating at the Indo-China border, the Chinese-funded companies in India are currently at risk. The people of India are now boycotting Chinese manufacturers and organizations that sell their products in India. As a result, Indian startups funded by Chinese investors are also facing severe backlash.

Among India’s top 30 companies and startups (entrepreneurial ventures worth over $1 billion), 18 have received funding from the Chinese.

Chinese investors are quick in identifying the potential in Indian startups. They find investing in India enticing because India has an attractive risk-return trade-off and remains the second-fastest growing economy in the world. Chinese investors have funded over 18 Indian unicorns; it amounts to around $3.9 billion in investment in 2019. But the growing conflict between the two countries is making it challenging for these unicorns to receive further investment capital from China.
1. BigBasket
2. Dailyhunt
3. Healofy
4. Paytm Mall
5. Paytm
6. TicketNew
7. Vidooly
8. XpressBees
9. Snapdeal
10. Zomato
11. BYJU’s
12. Ola
13. Doubtnut
14. Flipkart
15. Niyo
16. Gaana
17. Khatabook
18. MX Player
19. MyGate
20. Pine Labs
21. Pocket FM
22. Practo
23. Swiggy
24. Udaan
25. Hungama Digital Media Entertainment Pvt. Ltd
26. Marsplay
27. Oye! Rickshaw
28. ShareChat
29. ZestMoney
30. OYO
31. PolicyBazaar
32. Delhivery
BigBasket

Chinese Investor: Alibaba

Bigbasket – Chinese Investment In India

BigBasket is an Indian online grocery delivery service. Alibaba invested in BigBasket in 2018. The investment assists BigBasket in competing with the US-based Amazon and India’s Flipkart. The company’s valuation exceeded $1 billion with the help of Chinese investment. The decision to boycott Chinese products affected BigBasket in several ways.

Dailyhunt

Chinese Investor: Alibaba

Dailyhunt – Chinese Investment In India

Dailyhunt is one of the fastest-growing startups in this list. Dailyhunt is an Indian news content aggregator. It is considered as one of the world’s top mobile applications for staying abreast of the latest happenings across the globe. With 22 million users and 30 billion page views per month, Dailyhunt has indeed cemented its status in the Indian startup ecosystem. Alibaba holds an investment in Dailyhunt.

Healofy

Chinese Investor: Ant Financial

Healofy – Chinese Investment In India

Healofy is India’s largest women-oriented social network; it helps women connect with other women. Healofy raised $1 million in seed fund from Omidyar Network in 2018. Healofy then received $8 million in fresh funding from Alibaba-backed parenting platform BabyTree Group and BAce Capital, a fund anchored by Alibaba’s Ant Financial.

Paytm Mall

Chinese Investor: Alibaba

Paytm Mall – Chinese Investment In India

Paytm launched the Paytm Mall app in Feb 2017. Paytm Mall follows a business to consumer model. It is an e-commerce platform that allows consumers to shop from 1.4 lakh registered sellers. Alibaba invested in Paytm Mall for a 40% stake but refused to fund Paytm Mall further. Paytm is one of the biggest e-commerce organizations to be featured in this list of Chinese-funded companies in India.

Paytm

Chinese Investor: Ant Financial

Paytm – Chinese Investment In India

Paytm is an Indian e-commerce payment system and financial technology organization. Paytm was valued at $10 billion in January 2018. Paytm valuation was $16 billion in 2021. Ant Financial has become the largest shareholder in One97 Communications, the parent company of Paytm, by investing $680 million.

TicketNew

Chinese Investor: Alibaba

TicketNew – Chinese Investment In India

TicketNew is a privately owned company that provides online ticket booking services for movies, theatre plays and sports. Chinese e-commerce giant, Alibaba has reportedly provided over $30 million in funding to TicketNew and has acquired the ticket booking platform..

Vidooly

Chinese Investor: Alibaba

Vidooly – Chinese Investment In India

Vidooly is an online video analytics and marketing company. It provides video analytics tools and video marketing services. Vidooly raised over INR 15 crores from the Alibaba group.

XpressBees

Chinese Investor: Alibaba

XpressBees – Chinese Investment In India

XpressBees is an e-commerce logistics firm that offers delivery, order management, shipping, and tracking services. Founded in 2015, XpressBees secured over $35 million in funding from Alibaba in 2017. Again in 2019, the e-commerce giant invested $10 million in the logistics starteup.

Snapdeal

Chinese Investor: Alibaba

Snapdeal – Chinese Investment In India

Snapdeal is an Indian e-commerce behemoth. Snapdeal received over $500 million in funding from three of Asia’s largest tech companies: Alibaba, Foxconn, and SoftBank. Snapdeal is another e-commerce giant that made it to this list of Chinese-backed companies in India.

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Zomato

Chinese Investor: Alibaba

Zomato – Chinese Investment In India

It is an Indian restaurant aggregator and food delivery start-up that provides information, menus, and user-reviews of restaurants. Zomato also offers food delivery options from partner restaurants. Zomato has raised over $150 million from Alibaba.

BYJU’s

Chinese Investor: Tencent

BYJU’S – Chinese Investment In India

BYJU’S is an Indian educational technology (edtech) and online tutoring firm. It is considered as the largest ed-tech company in the country as well. Tencent, one of Asia’s largest valued Chinese tech company investor, has invested in Byju. The amount invested on the ed-tech was undisclosed.

Ola

Chinese Investor: Tencent

Ola – Chinese Investment In India

Ola Cabs is an Indian ride-sharing company offering services that include peer-to-peer ridesharing, ride service hailing, taxi, and food delivery. Ola was founded by Bhavish Aggarwal and Akit Bhati. Ola raised over $1.1 billion in funding from Tencent.

Doubtnut

Chinese Investor: Tencent

Doubtnut – Chinese Investment In India

Another ed-tech company, Doubtnut is an Indian online tutoring platform. Doubtnut operates as an e-learning platform that enables users to ask questions related to Physics, Chemistry, and Math. Tencent provided over $15 million funding to Doubtnut in the year 2020..

Dream11

Chinese Investor: Tencent

Dream11 – Chinese Investment In India

Dream11 is a fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball. Tencent has a $100 million investment in Dream11 in the year 2018. Dream11 has become the first Indian gaming company to enter the unicorn club.

Flipkart

Chinese Investor: Tencent

Flipkart – Chinese Investment In India

It is an Indian e-commerce company based out of Bangalore, India. Flipkart was founded in 2007 and has been one of the e-commerce giant in India by serving . Chinese investor Tencent Holdings have invested more than $300 million in Flipkart.

Niyo

Chinese Investor: Tencent

Niyo – Chinese Investment In India

Niyo is one of India’s largest and fastest-growing fintech ventures with the vision of making banking simple, smart, and transparent for everyone. Niyo got its funding from Tencent, although the amount raised were not disclosed to the public.

Gaana

Chinese Investor: Tencent

Gaana.com – Chinese Investment In India

It is the largest Indian commercial music streaming service. Gaana.com was founded in 2012. Gaana raised over $115 million from the Chinese internet giant Tencent. Again in 2020, Tencent invested $50 million and in 2021 another $40 million on the music streaming app.

Khatabook

Chinese Investor: Tencent

Khatabook – Chinese Investment In India

Khatabook is a mobile app targeted towards small shopkeepers and kirana store owners in India. Khatabook app helps them manage their books by tracking the money owed to them through the means of a digital ledger. Tencent has invested over $75 million in Khatabook app.

MX Player

Chinese Investor: Tencent

MX Player – Chinese Investment In India

MX Player is an entertainment app that offers its viewers quality, digital-first content, it is a very popular OTT service in India for giving access to many exclusive content to it audinence. MX Player gained popularity as an Indian OTT platform. Tencent has invested over $11q million in MX Player in the year 2019.

MyGate

Chinese Investor: Tencent

MyGate – Chinese Investment In India

MyGate is an India-based security and community management app for gated premises. The security management startup raised an undisclosed amount from Chinese tech company Tencent in the year 2019.

Pine Labs

Chinese Investor: Tencent

Pine Labs – Chinese Investment In India

Pine Labs is an fintech startup and an Indian merchant platform company. Pine Labs provides financing and last-mile retail transaction technology through its help your business can accept different modes of payment. Tencent has invested and undisclosed amount in Pine Labs.

Pocket FM

Chinese Investor: Tencent

Pine Labs – Chinese Investment In India

Pocket FM is a social audio platform for Indian languages where users can find great quality audio content comprising audiobooks, stories, and podcasts. Tencent invested in this entertainment app, although the amount invested was not disclosed to the public.

Practo

Chinese Investor: Tencent

Practo – Indian Companies with Chinese Investment

It develops and distributes medical information systems. Practo Technologies Private Limited offers an online software platform that provides automated appointment scheduling, billing solutions, and storage of medical records. Practo raised over $55 million from Tencent.

Swiggy

Chinese Investor: Tencent

Swiggy – Indian Companies with Chinese Investment

Swiggy is one of the most popular a food delivery company in India. Swiggy is one of the unicorn in India and in fact, it is also India’s fastest unicorn. In 2018, Tencent invested on Swiggy again in 2020, Swiggy got a good amount funding from Tenvcent. Both the times, the amount is not diclosed.

Udaan

Chinese Investor: Tencent

Udaan – Indian Companies with Chinese Investment

Udaan is a network-centric B2B trade platform designed specifically for small and medium-scale businesses in India. Udaan brings traders, wholesalers, and retailers into one place. Udaan raised funds from Tencent,the amount invested was not diclosed.

Hungama Digital Media Entertainment Pvt. Ltd

Chinese Investor: Xiaomi

Hungama Digital Media – Indian Companies with Chinese Investment

Hungama Digital Media Entertainment serves as an aggregator, developer, publisher, and distributor of Bollywood and Asian entertainment. Xiaomi made its first investment in an Indian company by pouring $25-million in Hungama Digital Media Entertainment.

Marsplay

Chinese Investor: Xiaomi

Marsplay – Indian Companies with Chinese Investment

Marsplay is an online platform that allows users to discover and share fashion and beauty tips. Marsplay Internet Private Limited, the parent company of Marsplay, raised funding from Xiaomi in 2018, although the exact amount was not disclosed.

Oye! Rickshaw

Chinese Investor: Xiaomi

Oye! Rickshaw – Indian Companies with Chinese Investment

Oye! Rickshaw is an electric rickshaw mobility platform that connects driver-partners and users. The best part is it is environment-friendly and is on a mission to make people commute without any problem. Oye Rickshaw raised an undisclosed amount of funding from Xiami in 2020.

ShareChat

Chinese Investor: Xiaomi and ShunWei Capital

ShareChat – Indian Companies with Chinese Investment

ShareChat is an Indian Social networking service, and it was incorporated on January 8, 2015. The main attraction of this app is that it support over 15 languages. ShareChat raised funds from Xiaomi and ShunWei Capital, a Chinese venture capital firm. Both the investment amount was not disclosed

ZestMoney

Chinese Investor: Xiaomi

ZestMoney – Indian Companies with Chinese Investment

ZestMoney is the largest and fastest-growing consumer lending fintech company in India. ZestMoney’s platform enables instant approval and disbursal of small-ticket loans. Xiaomi invested an undisclosed amount in ZestMoney in 2018.

OYO

Chinese Investor: Didi Chuxing

OYO – Indian Companies with Chinese Investment

OYO, the multinational hospitality chain is famous for its budget rooms and it is considered the biggest network of hotels in India. It is also spread in more than 199 cities and serves its people. In the year 2019. Didi Chuxing a transport company invested $100 million in OYO.

PolicyBazaar

Chinese Investor: Tencent

Policy Bazaar – Indian Companies with Chinese Investment

Policy Bazaar is a company that provides online life insurance and general insurance. The Indian multinational fintech company has been here for 14 years and has been serving people. Tencent invested $150 million in PolicyBazaar in the year 2019.

Delhivery

Chinese Investor: Fosun

Delhivery – Indian Companies with Chinese Investment

This Indian logistics and supply chain company’s main service is to transport parcels and provide third-party logistics for e-commerce companies. In the year, 2017 Fosun, a Cho9nese conglomerate company invested $3o million in Delhivery.

FAQs

How many Chinese companies are there in India?

There are 105 Chinese companies in India.

Is BigBasket funded by China?

BigBasket is an Indian online grocery delivery service. Alibaba invested in BigBasket in 2018. The investment assists BigBasket in competing with the US-based Amazon and India’s Flipkart. The company’s valuation exceeded $1 billion with the help of Chinese investment.

Is flipkart funded by China?

Flipkart is an Indian e-commerce company based out Bangalore, India. Chinese investors like Tencent Holdings and Steadview Capital have invested more than $300 million in Flipkart.

Is Paytm owned by China?

Paytm launched the Paytm Mall app in Feb 2017; Paytm Mall follows a business to consumer model. It is an e-commerce platform that allows consumers to shop from 1.4 lakh registered sellers. Alibaba invested in Paytm Mall for a 40% stake but refused to fund Paytm Mall further.

What are the Chinese Investment Companies in India?

Top Chinese Investment Companies in India are:
- Tencent
- Alibaba
- Xiaomi
How many Chinese companies are listed in Indian stock market?

There are a total of 16 Chinese FPIs registered in India.

What are the top companies that received funding from Chinese company in India?

Top companies that received funding from Chinese company in India are:
- Bigbasket
- Dailyhunt
- Paytm
- Dream11
- Ola
- BYJU’s
- Flipkart
- Swiggy
- Udaan
- Practo
March 29, 2021

Secrets To Chinese Investment in Indian Startups – Even In This Down Economy

Over the years, it is clearly seen that China is very interested in India. This can be easily seen with the help of the large investment made by the Chinese companies in the Indian Start-up ecosystem. In India, China’s tech giant companies and venture capital funds have made a big Chinese investments in India – largely in tech start-ups. These investment are made on evaluating some of the parameters which are acting as the ultimate success for the Chinese investing forums. They are:-

Value of Equity Invested- according to the business model.
Target Companies- according to the USP and the Similarity with other start-ups.
Location of investment for better acquiring the customers.
Nature of business- depending upon the people interest and other direct and indirect investment techniques.

Present Scenario of Chinese Investment in Indian Startups

Present scenario of Chinese Investment in India: Over the years, it has been seen that the Chinese start-up companies are getting a great success in the Indian market. TikTok, owned by ByteDance, is already one of the most popular and most downloaded app in India and the world, overtaking YouTube.

Xiaomi handsets are bigger than Samsung and Apple smartphones. The companies are having a large customer base making themselves the market leaders in their sectors respectively. All these Chinese start-ups are working behind the Indian start-up by providing the investment to these Indian start-up companies in the Indian start-up ecosystem. Chinese investment in Indian tech start-ups is making an impact disproportionate to its valuation, by deeply penetration of technology across sectors in India.

The statistics of the past years says, Oyo and Ola and many more. Indian Unicorns with Chinese investors are counted as 18 out of the 30 . This means that China has embedded itself deeply in the Indian ecosystem which is helping them in getting the large profits.

The Chinese companies and venture firms made the investment in about two dozen Chinese tech companies and firms which are having more scope of success according to them. These investing giants consist of the companies and firms like Alibaba, ByteDance and Tencent, which are completely established in the market and earning the great profits. These Chinese Companies have invested their money in about 92 Indian start-ups, including some of the unicorns such as Paytm, Ola, Dream 11, Byju’s and many more.

Division of the Chinese Investors

Chinese investment in Indian Startups are categorized in two groups. These Chinese investment in Indian Startups have made these companies a giant in the Indian startup ecosystem. They are:-

1) Chinese VC funds, such as CDH Investments, Ward Ferry, SAIF Partners and Hillhouse Capital, mostly based in Hong Kong. They are akin to professional global investors, such as Sequoia or Softbank, and look for a bigger financial returns according to the investment.

2) Tech giant companies, like Alibaba, Tencent and Xiaomi, which want a serious presence in the Indian market, just as Walmart (via Flipkart) and Amazon do but in a virtual manner without any burden.

Biggest Chinese Investments in Indian Startups

ALIBABA GROUP	SECTORS
Dailyhunt, Healofy, Paytm Mall, Paytm.com, TicketNew, Vidooly, Xpressbees, Snapdeal, Zomato	E-commerce, Search Engine, Media, Social Media & Entertainment, Logistics, Fintech, Aggregator, Others
TENCENT	SECTORS
Byju’s, Ola, Doubtnut, Dream 11, Flipkart, Niyo,Ganna, Mike, Khatabook, MXplayer, Mygate, Pine labs. Pocket FM, Practo, Swiggy, Udaan	Education, Logistics, Gaming, E-commerce, Media, Social Media & Fintech, Aggregator, Others
XIAOMI	SECTORS
City Mall, Hungarna Digital Media Entertainment Pvt. Ltd, Marsplay Internet, Oye!, Rickshaw, Rapido, Sharechat ,Zesty Money	E-commerce, Fintech. Aggregator, Media, Social Media & Entertainment

Some of the big Chinese firms investment in the Indian startups ecosystem are:-

Funding by Chinese VCs

Shunwei Capital	Hillhouse capital	Fosun Rz Capital	GGV Capital
$ 9.4 Million Pratilipi	$ 13.2 Million epiFi	$8 Million DotPe	$24 Million Vedantu
$ 7.9 Million Sim Sim	$70 Million Car Dekho	$1.2 Million Loca	$36 Million Rupeek
$ 5.9 Million Kuku FM	$585 Million Udaan	$11.2 Million Delhivery	$25 Million Khata Book

This shows that the Chinese investors and VC firms are keenly observing the the Indian startup ecosystem and this can be easily proved by the above statistics which tells that these Chinese VCs are investing almost in all the Indian startups during their initial period of their startup. This Small-Small investment in almost all the startups has now become big amount in total.

Reasons behind the Chinese Investments in Indian start-ups

These Chinese companies are investing in such companies mainly due to 3 reasons. They are:-

Difference in the Currency Value

It is clearly seen that the Chinese currency is having the higher value than the Indian currency. The Chinese currency is almost 10 times larger than the Indian currency. This is the main point behind the Chinese investment in Indian start-ups.

This creates a plus point for the Chinese investors as, they have to invest less while investing in the Indian start-ups as compared to any Chinese investment.

Secondly, these Chinese companies investment in Indian start-ups having a similar concept eg: Alibaba invested in Paytm. This helps the Chinese investors to make a trade of technologies with the invested start-up. So, the Chinese investors are able to get their invested in one or the other form plus also gets the partnership in the start-up with the help of the shares they purchased, which ultimately acts ROI for these investors.

Data of the Indian Users

It is the well-known fact that data is the new oil. Chinese companies such as Alibaba and Tencent have their own ecosystems which are ready for use. This includes the online stores, payment gateways, messaging services, and many others.

These Chinese investors can pull the data of the Indian users. This can be done with the help of the position in the company (due to the investment) which can ultimately leads us to the loss of control over data. This data can be used in many ways and in different situations depending on the need of attraction of the customers having similar taste. This data has its own value in the market and after the loss over the data, there will be no privacy left for the existing customers of the service.

Restriction over the Platform Control

China is having a very large amount of restrictions over the companies which do not belongs to the Chinese state. China is having a closed internet service or the Chinese internet service which almost act as an intranet. This restricts outsiders and is closely monitored and controlled by the state. Many companies like Facebook, are banned in China and other companies working in China like Apple, have to undergo many restrictions.

Due to this many Chinese companies like Alibaba and Tencent are able to get all the benefits of this system. By restricting access to foreign players, China is able to create its own working surfaces. So, these Chinese investing companies and firms are trying to replicate their internet ecosystems in India. Once, they are able to get success in this task then they will be able to dominate over the Indian market which will directly affect the world’s market.

Chinese Investment in Indian Startups – FAQs

How many Indian startups are funded by China?

As per conducted surveys, it has been founded that 18 out of 30 Indian startups are funded by Chinese Investors. This means that China has embedded itself deeply in the Indian ecosystem which is helping them in getting large profits.

Is BigBasket funded by China?

Yes, BigBasket is funded by Chinese Investors – Alibaba. Recently, BigBasket has received funding of $50 million from Alibaba.

Is Flipkart funded by China?

Flipkart till now has received $7.7 billion from multiple investors and talking about Chinese Investors, Flipkart has received around $300 million from investors like Tecent and Steadview capital.

September 22, 2020

#BoycottChineseProduct Forced Paytm to Change Shareholding Pattern On Wikipedia-as per Twitteratis

Latest Indo-china border face-off lifted the #boycottchineseproduct trend insanely. Thus it becoming a serious headache for all the Chinese funded Indian Companies. Hence, we have noticed a major change in Paytm’s shareholding Pattern on Wikipedia.

In March 2015, Alibaba took 40% stock in Paytm as a Part of the strategic agreement. As the pressure building up, Paytm changed the shareholding pattern in Wikipedia on yesterday by replacing “Alibaba” with “ANT Financials”. ANT Financials is formerly known as Alipay which is an affiliate group of Alibaba. As the Twitteratis claiming, Paytm did that to sound non-Chinese.

Paytm changes Shareholding pattern on Wikipedia

Twitteratis asking people to stop using Paytm, as they have more shares from Chinese. Some of them putting screenshots of uninstalling the Paytm app. Instead, they are asking to use BHIM and Other Indian UPI apps as an alternative to Paytm.

Uninstall Paytm tweets

Also Read: Chinese Funded Startups in India might find it difficult for capital investments

A group of users posted memes on this Paytm shareholding pattern as well.

Paytm memes

Also Read: Secrets To Chinese Investment in Indian Startups

At the same time certain group of people still showing support towards Paytm as it is an Indian Company. According to them, there are other eCommerce giants in India who have large numbers of Chinese investments. They have stakes on Flipkart, Ola, Oyo, Swiggy, Snapdeal, Zomato and the list goes on. Hence, What are you gonna do with them as well?

Tweet in Support of Paytm

As a result of the increasing heat between India and China, it will be interesting to see how Chinese funded top Indian brands deal with this #boycottchineseproduct trend.

June 18, 2020

Tag: chinese investment

Alternatives of Helo App

1. ShareChat

Founded: 2015

Play Store Download: 100M+

Ratings: 4.2

2. Roposo

Founded: 2014

Play Store Download: 100M+

Ratings: 4.3

3. Chingari

Founded: 2018

Play Store Download: 50M+

Ratings: 4.9

4. Mitron

Founded: 2020

Play Store Download: 10M+

Ratings: 4.3

Impact on Market Share in India After the Ban

Conclusion

FAQs

Which Chinese apps were banned in India?

Why were the Chinese apps banned in India?

Will the ban on Chinese apps be lifted?

Top Chinese Investors in India

Alibaba Group

Tencent Holdings

Fosun Group

Shunwei Capitals

Hillhouse Capital Group

Conclusion

FAQs

Have Chinese companies invested in Indian companies?

Is BYJU funded by China?

Who founded Alibaba Group?

How Flipkart Responding To The Situation?

Snapdeal Statement

China’s Investment and Future Prediction

Conclusion

FAQs

How many Chinese apps are banned in India?

Is PUBG banned in India?

Why Chinese apps are banned in India?

List of Top Chinese companies operating in India

Xiaomi

Oppo

Vivo

One Plus

Huawei

Motorola

Coolpad

Lenovo

Haier

TCL

Realme

WISCO

Conclusion

FAQs

How many Chinese companies are in India?

How many Chinese apps are banned in India?

Which are the Chinese mobile companies in India?

Which Indian companies are in China?

About the ban

Chinese Sellers on Amazon

The allegations

The Finding

Steps Taken by Amazon

FAQ

What percentage of Amazon reviews are fake?

Does Amazon allow fake products?

How do I avoid Chinese sellers on Amazon?

Conclusion

Are there still any Chinese Investments in IPL?

What did CAIT have to say about it?

Is it possible to Remove all of the Chinese Investments From Indian Sports?

About Tencent

Tencent – Company Highlights

Tencent – Founders & Team

Tencent – History

Tencent – Name & Logo