Why most of the big Indian Startup and Companies owned by Chinese and Japanese Investors? | Technical, Finance, Investment Questions

Why most of the big Indian Startup and Companies owned by Chinese and Japanese Investors?

Marrisa Mayor

5 years ago

Masayoshi Son, founder of Japanese giant SoftBank Group had said in late 2014 that his group will invest $10 billion in the Indian market by 2024.It hasn’t been 5 years and SoftBank has already surpassed the mark of $8 billion dollars in investments in India and is expected to overachieve its target a lot sooner than anticipated.SoftBank entered the Indian market in 2011 by the investing $200 million in InMobi, a global mobile advertising platform and it hasn’t looked back ever since.List of top Investments by Soft Bank in India over the years:Masayoshi Son, founder of Japanese giant SoftBank Group had said in late 2014 that his group will invest $10 billion in the Indian market by 2024.Flipkart:  $2,600 millionSoftBank invested a record-breaking $2,600 million, almost doubling its previous high-value investment of $1,400 million in Paytm.Flipkart was recently acquired by the US retail giant Walmart for a colossal $16 billion, making it an international favorite.Paytm:  $1,400 millionIndia’s largest digital payments startup came under SoftBank’s radar much later in May 2017, when SoftBank finally got the opportunity to invest $1,400 million. Paytm has turned out to be one of the best bets for SoftBank in India. Paytm has been in the news recently for crossing 5 billion transactions in a year and Paytm is also venturing into forex services.Snapdeal:  $650 millionThis e-commerce marketplace was amongst one of the early high-value investments in India by SoftBank, receiving $650 million in total. Unlike its other successful investments, Snapdeal is struggling to further raise money for expansion. Ola:  $210 millionIndia’s leading cab aggregator received $210 million in October 2014 from SoftBank.Ola has since then expanded to new countries along with the acquisition of TaxiForSure and Foodpanda, food delivery platform.Housing:  $90 millionMumbai-based real estate searching platform Housing.com received $90 million from SoftBank in December 2014. Housing was founded by Rahul Yadav and his classmates from IIT-Bombay in 2012.OYO:  $100 millionThis Indian hospitality startup got $100 million from SoftBank in August 2015.OYO is now the largest hospitality company in India and it has also announced its entry in the UK, Indonesia, along with other European countries after entering China. In a recent development, OYO is set to enter the wedding industry, and it has also acquired AblePlus, to foray into IoT.Grofers:  $120 millionAn Indian online grocery delivery service had raised $120 million from SoftBank in November 2015.Grofers was founded by Saurabh Kumar and Albinder Dhindsa in 2013 with its headquarter in Gurugram. Grofers continues to grow its user base and is operating in 13 cities across the country.Hike Messenger:  $12 millionHike, India’s first social and technology company provides messaging services for its user. It was founded by Kavin Bharti Mittal in 2012. SoftBank was one of the investors to invest in its first round of funding in April 2013.

Marrisa Mayor

5 years ago

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